Search results for "biometrics"

February 28, 2024
White House Tells DOJ to Beef up Data Protections

The White House wants the Department of Justice to do more to protect America’s sensitive data. In an executive order issued Wednesday (Feb. 28), President Joe Biden instructed the attorney...


February 28, 2024
Transaction Monitoring Balances Customer Centricity With Fraud Defense

In the world of cybersecurity, there’s no prize for being fashionably late with updates. And in today’s evolving technology and authentication landscape, if organizations aren’t at the tip of the...


February 28, 2024
Continuous Verification and AI Can Drive Digital Banking Engagement

As the payments landscape continues to advance and evolve, the central tenet of authentication remains the same. Let the right users in and keep the fraudsters out. “Authentication practices have...


February 27, 2024
AU10TIX Adds KYB to Identity Verification Offerings

Israeli identity verification firm AU10TIX has launched a know-your-business (KYB) solution. “Increasingly rigorous regulatory demands are forcing businesses across all sectors to collect and analyze more data about the identities of their partners and...


February 27, 2024
Digital Commerce Demands Multifactor Approach to ID Verification

Lisa McFarland, executive vice president and chief product officer at Ingo Payments, told PYMNTS that authentication across digital channels requires a multi-pronged approach. At a high level in the digital...


February 27, 2024
Moving Target: Payments Dynamics Complicate Authentication Picture

Payments increasingly exist and occur across a multifaceted, ever-evolving digital terrain. What this means is that a digital payment is never just a payment — it is a combination of...


February 26, 2024
VerifiNow Launches Biometric Identity Solution for Telehealth Providers

VerifiNow has launched a patient identity verification solution for telehealth providers. PatientVerifi is designed to meet the need for secure patient identity verification in virtual healthcare, the technology company focused...


February 26, 2024
New Attack Vectors Require Cyber Hygiene and End-User Education in...

Today’s financial fraudsters are more sophisticated, more agile, and more online than ever. With payments increasingly moving to electronic channels — along with the gateways supporting their transfer and settlement...


February 26, 2024
Synchrony Says KYC Will Determine Authentication’s Future

Authentication in the payments space is continuously evolving. But one constant is that any innovation needs to strike a winning balance between enhancing security and improving user experience. “Identity theft,...


Digital Identity: Ditching Passwords Could Unlock A $59 Billion Biometrics Market
Ditching Passwords Could Unlock a $59 Billion Biometrics Market The findings come from this month’s Digital Identity Tracker®,” a PYMNTS and Prove collaboration, which examined how advanced verification tech is not only boosting security but also giving 58% of consumers what they want — faster and more convenient biometric authentication.
Biometric Authentication in the Age of Mobile
51% of Online Buyers Used Biometrics Instead of Passwords Biometric authentication, once just a sci-fi trope, has become so common that most consumers who shopped online used biometrics to validate their purchase. PYMNTS Intelligence’s latest study of 3,278 U.S. consumers explores why so many users like biometrics — and what it will take to win over the half who are holdouts. Read more in “Tracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile,” a collaboration with AWS.