Search results for "biometrics"

March 08, 2022
Australian Regulator Rebuffs Updates to ePayments Code

An Australian regulator said the country’s banking industry has not convinced it to let banks impose new security measures for customers using online banking. The proposals, outlined in a report...


March 07, 2022
Study: 57% of Consumers Prefer Advanced ID Verification After Trying...

Think fast: How many passwords and usernames do you actively use? Simple answer: There’s no good answer. Either it’s so few you’re an easy fraud target, or so many you...


March 07, 2022
P2P Fraud Battle Demands High-Tech Collaboration Between Banks and Customers

That old Watergate adage to follow the money becomes well-nigh impossible in the digital age. After all, the faster the payment, the faster the fraud. The faster the fraud, the...


March 07, 2022
Amex Sees Checkout Friction and Security Improvements in Overhauled 3DS2

Credit card fraud is a problem that affects banks, merchants, credit card providers and individual consumers all at once, as fraudsters deploy a wide variety of different tactics to pay...


March 03, 2022
Today in the Connected Economy: Sabre Ends Deal With Russia’s...

Today in the connected economy, airline software maker Sabre joins the sanctions battle against Russia by ending its deal with the country’s biggest air carrier. Also, AutoZone and Cars.com invest...


March 03, 2022
Pay-With-Face Identity Verification Seeks New Users in Need of Rapid,...

When Meta turned off its Face Recognition System in 2021 primarily over information security and data privacy concerns, and to head off inquisitive regulators, the biometrics world held its breath. ...


February 28, 2022
UK Car Dealerships Leverage Open Banking To Reduce Payment Processing...

Payment processing fees are an unavoidable pain point for many businesses, both large and small, but for merchants in the automotive sector, the impact on their bottom lines can be...


February 25, 2022
The Perils Of “One-Size-Fits-All” Authentication

Businesses face an array of challenges when authenticating customers, often because they rely on a single security stack. Recent research by PYMNTS found that more than half of peer-to-peer (P2P)...


February 23, 2022
Facial Recognition Company Clearview AI Seeks Gov’t Deals Despite Regulatory...

The CEO of Clearview AI, the New York-based facial recognition company, has told Reuters that his goal this year is to ink deals with the United States government and expand...


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.