January 04, 2024
1 in 5 Consumers Pay Auto Loans With Mobile Wallets
Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive personal information. According to a...
December 21, 2023
Visa and Tech5 Partner to Promote Digital ID-Based Payments
Visa has teamed with biometrics firm TECH5 to help build “digital government ecosystems on a global scale.” The partnership will involve the two companies working to “implement digital ID-based payment infrastructure and services on a...
December 20, 2023
Biometrics in 2023: Reshaping Authentication, Igniting Debates and Driving Innovation
In a digital landscape increasingly defined by the surge of online and mobile shopping, consumer demand for flexible, secure and convenient ways to authenticate transactions is at an all-time high....
December 15, 2023
DOJ Cracks Down on Use of ‘Microtransactions’ to Conceal Fraud
The Department of Justice (DOJ) has announced a crackdown on fraud networks that steal money from consumer accounts and use fraudulent “microtransactions” to conceal their illicit activities from financial institutions. These networks...
December 15, 2023
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding
Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI), the ability to identify unique...
December 14, 2023
Decision Brief: Online Seller’s Guide to Advanced Authentication Techniques
Introduction: Online sellers are consistently grappling with the delicate balance of upholding robust security measures while providing customers with a seamless shopping experience. Central to striking this balance is the...
December 13, 2023
Automated Food Preparation Expands Amid Consumer Concerns
Autonomous restaurants are increasingly appearing throughout North America, with several new entrants into the space in the past couple of weeks alone, despite consumers’ hesitations. Fast-casual salad chain Sweetgreen opened...
December 11, 2023
Accura Scan Unveils Suite of Identity Verification Products
Accura Scan, a provider of digital know your customer (KYC) and user verification solutions, has unveiled a suite of identity verification products for American banks and telecom companies. With its...
December 07, 2023
Europe’s AI Legislation Exempts Open-Source Models
Europe’s new AI legislation could reportedly go easy on open-source artificial intelligence models. Lawmakers in Europe were still hammering out the details of the landmark AI Act on Thursday (Dec. 7), Reuters...