Search results for "biometrics"

December 10, 2021
TSA Sees Biometrics as Next-Gen ID Verification Tool

Quickly and easily identifying consumers online is critical for any entity conducting business on virtual channels, especially financial institutions (FIs), government entities and merchants. Determining the identities of their users...


December 10, 2021
Supply Chain Fragmentation Heightens Business Payments Fraud Risk

Payment fraud is always evolving. What is considered a fraudulent attack today might not have even been possible 5 or 10 years ago. Headed into a new year, Versapay Chief...


December 09, 2021
New Study: 90% of Consumers Willing to Ditch Passwords for...

With each passing day, passwords are looking more and more like a relic of the digital past. Consumers are growing less confident in this method of access to online devices...


December 09, 2021
Eliminating ‘Biometric Bias’ Will Take Collective Effort From Banks, Retailers...

Picture, for a moment, the biometrics you might use every day — perhaps every time you unlock your phone. The thought of bias — exclusion based on race or gender...


December 07, 2021
Deep Dive: The Role of Consent Management in Open Banking...

Open banking relies on consumers’ consent for regulated third-party financial services providers to securely access their bank transaction histories. The model makes digital payments easier for consumers and means that...


December 07, 2021
Metal Payment Cards May Be Key to Unlocking Cryptos’ Commercial...

If you’ve got a metal payment card in hand, you’re likely familiar with the “plunk” factor. There’s a certain satisfaction inherent in removing the tangible card from your wallet, presenting...


December 06, 2021
New Tracker: Digital Identity Making Unattended Retail Safer for Underaged...

Remote onboarding and identity verification continue mushrooming through the phases of the pandemic and with all that convenience come key legal issues that must be quickly resolved. Unattended retail (UR)...


December 06, 2021
Biometric Human Scanning Tools Open World of Uses — From...

Have you heard the one about a guy who’s tired of buying clothes that don’t fit and a physiologist studying injuries in Australian rules football who started brainstorming over a...


December 01, 2021
CyCognito Closes $100M Series C to Advance Attack Surface Protection

Attack surface management (ASM) startup CyCognito raised $100 million in a Series C funding round led by The Westly Group, according to a press release on Wednesday (Dec. 1). New...


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.