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

QR Codes Are Everywhere — But Are They Safe for Payments?

QR Codes Are Everywhere — But Are They Safe for Payments?
QR Codes Are Everywhere — But Are They Safe for Payments?
December 18, 2024  |  Cybersecurity

QR codes have become a common feature in retail, marketing and payment systems, changing the way businesses engage with consumers while offering convenience and efficiency....

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Metal Cards Carve Out Place as Consumer Defense Against Fraudsters
Metal Cards Carve Out Place as Consumer Defense Against Fraudsters
December 04, 2024  |  Authentication

There’s still a place for the card — the tangible, physical card — in consumers’ wallets. In fact, Adam Lowe, Ph.D., chief product and innovation officer...

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ID.me Valued at $1.8 Billion Following Tender Offer
ID.me Valued at $1.8 Billion Following Tender Offer
November 25, 2024  |  Digital Identity

ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a...

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Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce
November 25, 2024  |  Mobile

The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure...

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Intellicheck CEO Sees Demand for Banking ID Verification as Fraudsters Grow Bolder
Intellicheck CEO Sees Demand for Banking ID Verification as Fraudsters Grow Bolder
November 14, 2024  |  Earnings

Investors sent Intellicheck shares lower by 12% Thursday morning (Nov. 14) on a slight revenue miss. However, management pointed to potential in the company’s identity...

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Mastercard to Shift to Tokenization and Biometric Authentication by 2030
Mastercard to Shift to Tokenization and Biometric Authentication by 2030
November 13, 2024  |  Payment Methods

Mastercard plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by 2030. The company aims...

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Visa and Tencent to Launch Pay-by-Palm Solution in Singapore
Visa and Tencent to Launch Pay-by-Palm Solution in Singapore
November 08, 2024  |  Biometrics

Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. The collaboration brings together Tencent’s palm recognition technology...

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American Express Forms Data Sharing Partnership With MX
American Express Forms Data Sharing Partnership With MX
November 07, 2024  |  Banking

American Express has formed a deal with financial data company MX Technologies, giving their users access to improved financial management capabilities. The API-powered data access...

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