authentication

Authentication is the act of proving an assertion, such as the identity of a computer system user. In contrast with identification, the act of indicating a person or thing's identity, authentication is the process of verifying that identity.

Source: en.wikipedia.org

Sam Altman Says AI Has ‘Defeated’ Bank Voice ID Protections

Sam Altman Says AI Has ‘Defeated’ Bank Voice ID Protections
Sam Altman Says AI Has ‘Defeated’ Bank Voice ID Protections
July 23, 2025  |  News

OpenAI’s CEO says the banking sector is facing a “significant impending fraud crisis.”  That’s because artificial intelligence (AI) has advanced to the point that it...

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Experian Adds Mastercard’s ID Verification Tool to Ascend Platform
Experian Adds Mastercard’s ID Verification Tool to Ascend Platform
June 26, 2025  |  Authentication

Experian added Mastercard’s identity verification and fraud prevention technology to its Ascend analytics platform. The collaboration will bolster identity verification services for the more than...

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ValidiFI Powers Velera’s Bank Account Validation for Credit Unions
ValidiFI Powers Velera’s Bank Account Validation for Credit Unions
June 26, 2025  |  Authentication

ValidiFI’s instant bank account validation solution, vAccount, is powering a new bank account validation function that credit union service organization Velera offers its clients. This...

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Mobile-First Consumers Drive Biometric Payment Surge in UAE
Mobile-First Consumers Drive Biometric Payment Surge in UAE
June 24, 2025  |  Biometrics

The United Arab Emirates (UAE) is solidifying its position as a global leader in digital shopping, with more consumers relying on mobile devices for their...

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Digital Innovation Opens Doors for Credit Unions to Broaden Membership
Digital Innovation Opens Doors for Credit Unions to Broaden Membership
June 18, 2025  |  Credit Unions

Credit unions (CUs) face a critical juncture that threatens their long-term viability. Baby boomers dominate CU membership, making up 39% compared to 31% for millennials...

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Persona and Yardstik Launch Integrated ID Verification, Background Screening Solution
Persona and Yardstik Launch Integrated ID Verification, Background Screening Solution
June 17, 2025  |  Authentication

Persona and Yardstik have partnered to deliver a jointly integrated identity verification and background screening solution that enables organizations to verify workers’ identities. This solution brings...

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Small Businesses Skip Digital Wallets for Cross-Border Payments
Small Businesses Skip Digital Wallets for Cross-Border Payments
June 12, 2025  |  Mobile

As global commerce becomes more digitized and less reliant on conventional infrastructure and workflows, digital wallets, a once-niche technology, are beginning to reshape international money...

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Bank of America Taps Merchant Data to Boost Payment Approval Rates
Bank of America Taps Merchant Data to Boost Payment Approval Rates
June 10, 2025  |  Data & Research

An optimal payment experience, which is frictionless in nature, involves collaboration. Issuers and merchants must work together to ensure that the merchant makes the sale,...

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