Search results for "biometric"

January 04, 2023
Fraud Prevention Strategies on Retailers’ Radar as Attacks Increase

For retailers already skating on razor-thin margins, a fraud event could be make-or-break. Merchants globally pay billions to combat fraud, and it is only predicted to get costlier in 2023. Adding to the...


January 03, 2023
CES 2023 Puts Smart Home, Digital Health Tech in Spotlight

CES 2023 is spotlighting smart homes and digital health as concepts like the metaverse languish. Officially kicking off Thursday, Jan. 5 at its accustomed set of Las Vegas venues, the...


January 03, 2023
Call Centers Become Prime Target for Identity Fraud

Retail call centers are the front line of consumer queries and the favorite new target for identity fraud. Daniel Flowe, head of identity strategy at Refinitiv, told PYMNTS that while...


December 28, 2022
Trusted ID Networks Offer Best Line of Defense Against Fraudsters

Dynamic friction keeps the bad guys out, and trusted identity verification networks (ID networks) keep good customers transacting. Brad Wiskirchen, senior vice president and general manager at Kount, an Equifax...


December 22, 2022
Biometrics and Passkey Adoption Seen Strengthening Payment Authentication Defenses

Despite being the weakest link in cybersecurity, passwords remain the most common digital authentication method. It’s a challenge that Fast Identity Online (FIDO), a global standard used to authenticate online...


December 20, 2022
Popular Mobile Apps in The Pandemic Era: A Glimpse at...

COVID-19 changed work and leisure, including more time spent on mobile apps. While this presents an opportunity for new apps to compete with established apps, it is also challenging for...


December 19, 2022
Bank of America’s CashPro Adds Tool for Validating Payments

Bank of America has launched a self-service tool for straight-through processing (STP) that accelerates payment file processing, thereby reducing delays and improving the client experience. The new CashPro Validator eliminates...


December 19, 2022
Intelligent Tech Balances Customer Convenience With Identity Theft

Identity theft and other types of fraud will become even more widespread in 2023. That’s according to the latest report released by the Identity Theft Resource Center (ITRC), which predicts...


December 16, 2022
PYMNTS Intelligence: Better, Faster Digital Identification a Must-Have for Consumers,...

Authorized push payment (APP) fraud, identity theft, synthetic account fraud and first-party misuse are all growing problems for many industries and countries. In the United Kingdom, financial loss from APP...


Digital Fraud Tracker® - September 2022

The metaverse and Web 3.0 hold great potential for merchants and consumers, but security measures need to be updated constantly. In the “Digital Fraud Tracker®,a PYMNTS and DataVisor collaboration, BNY Mellon’s Carl Slabicki tells PYMNTS how businesses can keep both merchants and consumers safe while moving to the metaverse.