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 cutting-edge technology and commitment to compliance, Accura Scan offers a comprehensive suite of services that...
Mexican FinTech Plata chose Entersekt to provide authentication services for its new credit card. The partnership will allow for low-friction payment authentication with “risk-aware 3D Secure,” a burgeoning regulatory requirement, according to a Monday (Oct. 23) press release. “Unlike the European Union and many other...
Data sharing — and open banking — are due for a quantum leap forward in the United States. Matt Wilcox, president of digital payments at Fiserv, told Karen Webster about a “milestone” announcement that harnesses application programming interfaces (APIs) to share financial information. Traditionally, permissioning,...
Google has made passkeys the default option for personal Google accounts, beginning Tuesday (Oct. 10). When users sign into their account, they will see prompts to create and use passkeys, as well as seeing the “Skip password when possible” option toggled on in their account settings, Google...
Data science company Enigma has debuted its know your business (KYB) platform. The new product, announced Tuesday (Oct. 3), is designed to allow users to conduct KYB checks to onboard new business customers with minimal friction. “Our customers’ top KYB priorities are meeting compliance and regulatory requirements,...
J.P. Morgan has been chosen by the United States Treasury Department to provide account validation services for federal government agencies. This selection comes after a competitive process and will last for at least five years, the global provider of banking and securities services said in a Wednesday (Sept....
Greg Esser, director of strategic partnerships in the U.S. at Entersekt, said one-time passcodes (OTPs) are due for a reckoning. For now, OTPs are still a valid way for consumers to authenticate themselves and the transactions they wish to complete. But OTPs, he told PYMNTS...
Given the proliferation of various apps, many consumers in the United States are eager for a more convenient way to manage their banking and shopping needs all within a single platform. In fact, a joint PYMNTS-PayPal study shows that nearly 100 million individuals in the...
Consumers may be stuck using the outmoded authentication system, but most prefer more sophisticated methods. Traditional use of passwords currently remains the most prevalent method for digital activities, despite recent advances in online data authentication. The PYMNTS collaboration with Entersekt, “Visible and Invisible Security: Perceptions...
