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)

An Industry Insider on Balancing Security With Seamlessness
An Industry Insider on Balancing Security With Seamlessness
February 24, 2023  |  Credit Unions

58% of FIs reported a rise in the cost of fraudulent transactions in 2022, which is why Seth Ruden of First Tech Federal Credit Union...

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Meta Follows Twitter Into Subscriptions
Meta Follows Twitter Into Subscriptions
February 19, 2023  |  Meta

Meta will begin testing a paid verification service for creators on Facebook and Instagram. The social media giant announced the launch of Meta Verified on...

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Biometrics and Smartphones Make Life Without Passwords a Reality
Biometrics and Smartphones Make Life Without Passwords a Reality
February 15, 2023  |  Authentication

Thus far into 2023, “passwordless” remains among the buzziest of buzzwords in identity authentication. Nicole Jass, chief product officer at Prove Identity, told PYMNTS that...

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PYMNTS Intelligence: Interest in Advanced Digital ID Growing to Address Convenience, Safety Concerns
PYMNTS Intelligence: Interest in Advanced Digital ID Growing to Address Convenience, Safety Concerns
February 14, 2023  |  Digital Identity

Consumers do not like waiting to access their accounts. According to PYMNTS’ research, nearly half of consumers have concerns about waiting a long time during identification...

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How AI Use Cases in Payments Are Moving Beyond Fraud
How AI Use Cases in Payments Are Moving Beyond Fraud
February 14, 2023  |  artificial intelligence

As artificial intelligence (AI) gets smarter — as it’s designed to do over time and as usage increases — there are more places in the...

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Users’ Habits Weaken Password Managers, Opening Door for Advanced ID Tools
Users’ Habits Weaken Password Managers, Opening Door for Advanced ID Tools
February 13, 2023  |  Authentication

Password managers were a good start in getting users to tighten their internet security, but ultimately, consumers’ behavioral habits may instead have set the stage...

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An Inside Look at Authentication Done Right
An Inside Look at Authentication Done Right
February 13, 2023  |  Digital Identity

With 70% of U.S. adults interested in advanced ID verification, companies that leverage it to speed sign-in are poised to gain revenue, Spark Wallet CEO...

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Advanced Identity Tools Speed Crypto Account Access and Build Revenue
Advanced Identity Tools Speed Crypto Account Access and Build Revenue
February 10, 2023  |  Digital Identity

Streamlined digital account opening is a must-have for all financial institutions (FIs). A critical step in that process is the login experience, for which customers...

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Millennials Want More Banking Security, Boomers Don’t See the Problem
Millennials Want More Banking Security, Boomers Don’t See the Problem
February 08, 2023  |  Banking

Personal information is, well, personal and consumers want their financial institutions to protect it better. That’s according to the latest research in PYMNTS’ January 2023...

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