February 21, 2022
61% of Consumers Are Willing to Use Anything but a...
Username and password combinations remain the authentication method most commonly used by consumers to access digital financial services accounts. In fact, 64% of consumers still use username and password combinations...
February 21, 2022
SIM Swap Fraud Spotlights Biometrics, Behavioral Analytics as Defense
The mobile phone, increasingly, is becoming the means through which criminals are impersonating unwitting victims, and stealing from them. The FBI said earlier this month in an official warning that Subscriber Identity...
February 18, 2022
Homeland Security Privacy Chief Urges More Ways to Protect Data
The Department of Homeland Security (DHS) chief privacy officer is calling for stricter rules to protect consumer data. Lynn Parker Dupree, who was appointed to the post nearly one year...
February 17, 2022
BoA Confirms Digital Banking Engagement as Consumers, Clients Flock Online
Debatably slow on takeoff, digital banking is soaring with the eagles now, standing as one of the biggest success stories yet to emerge from the great digital shift the pandemic...
February 17, 2022
Banking Customers Demand More Security — But Not if it...
When accessing their digital financial accounts, customers want to have a choice of channels and devices to use. They also want to have a great user experience (UX), whether via...
February 16, 2022
Advisor: California Should Pause and Consider Its Use of ID.me
California should pause and carefully consider its contract with identity-verification firm ID.me in the wake of privacy concerns about the company’s software, a non-partisan state advisor has recommended. In a...
February 16, 2022
From Refugee Camps to Indian Coffee Farms, Digital ID Already...
In Jordan’s Zaatari refugee camp, the UN’s World Food Programme (WFP) has been using blockchain-based digital ID documents since 2017, providing Syrians who can’t return to their country with regular...
February 14, 2022
Had It With Passwords? Two-Thirds of Consumers Are Done With...
The increased global penetration of mobile devices has transformed how consumers transact with their preferred financial institutions (FIs), merchants and service providers. As consumers’ lives have become more digitally connected,...
February 11, 2022
PYMNTS Intelligence: Behavioral Analytics’ Role In Multilayered Fraud Defense Systems
A recent PYMNTS study found that 11% of credit and debit card users experienced some form of fraud in 2021, as did more than 5% of consumers using social media platforms, banks, eCommerce and mobile...
