Search results for "biometric"

March 07, 2024
PayPal Opens iPhone Tap to Pay for Venmo Business Users

PayPal has expanded its Tap to Pay on iPhone offering in the U.S. The company said in a Thursday (March 7) press release that the service is now available for all...


March 07, 2024
Strong Authentication Fosters Trust Among Open Banking Users

The payments journey, and landscape, is an ever evolving one, but one thing is certain: fraudsters will try to exploit any vulnerability they can to access money and data that...


March 06, 2024
Spain to Sam Altman’s Worldcoin: Stop Collecting User Data

Spain has ordered Sam Altman’s cryptocurrency project Worldcoin to cease collecting its citizens’ data. The order Wednesday (March 6) from the Spanish Data Protection Agency (AEPD) also blocks the data the project has...


March 05, 2024
President Biden Takes Action to Shield American Personal Data

In a move to safeguard the privacy of American citizens, President Joe Biden issued an executive order on Wednesday targeting the trade of personal data with countries deemed hostile to...


March 04, 2024
Synchrony Finalizes $2.2 Billion Ally Lending Acquisition

Synchrony has completed its purchase of Ally Lending, Ally Financial’s point-of-sale (POS) financing business. The deal, first announced in January, includes $2.2 billion of loan receivables and a loan portfolio that includes relations with nearly...


March 01, 2024
Online Authentication Needs Fewer Passwords, Less Friction

Siddharth Vijayakrishnan, senior vice president of product and financial intelligence at FIS Platform and Enterprise Products, said that online authentication is a work in process — but we may never quite be free...


February 29, 2024
Pay-By-Hand Surges as Biometrics Moves Toward Mainstream Adoption

In an era where convenience is king and security is paramount, a payment option that requires nothing more than a simple scan of one’s palm seems like the ideal solution....


February 29, 2024
Socure and Trustly Partner on Pay-by-Bank Solution With Streamlined Onboarding

Socure and Trustly have partnered to offer merchants a pay-by-bank solution that includes a streamlined customer onboarding process and guaranteed fast payments. The solution designed for all merchants but is especially valuable for...


February 29, 2024
Authentication Gold Standard Balances Security and Utility

If payments make the world go ’round, authentication keeps it spinning. As online interactions spread, and commerce goes digital, the critical role of authentication processes, protocols and innovations is growing...


Digital Fraud
Secure Payments in the Metaverse Will Lean on Banking Experience, Technology 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.