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

Credit Unions Shift to Innovating in Age of Instant Gratification and Payments

Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
July 05, 2023  |  Credit Unions

Credit unions need to innovate — and quickly. Scott Young, managing VP of emerging services as PSCU, said credit unions (CUs) have the tools, and,...

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Getting Consumers Ready to Move From Passwords to Passkeys
Getting Consumers Ready to Move From Passwords to Passkeys
June 29, 2023  |  Authentication

Passwords — and even one-time passcodes (OTPs) — render us vulnerable to fraudsters, which has always been so.   The fraudsters are stepping up their attacks...

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EU Proposes PSD2 Revamp for ‘Digital Age’
EU Proposes PSD2 Revamp for ‘Digital Age’
June 28, 2023  |  Legal & Regulation

In Europe, the Payments Services Directive is getting a makeover. To that end, as announced on Wednesday (June 28), the European Commission has proposed a...

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Synthetic Fraud Rises at ‘Alarming’ Rate as AI Evolves
Synthetic Fraud Rises at ‘Alarming’ Rate as AI Evolves
June 28, 2023  |  Cybersecurity

Can one stolen ID, augmented with artificial intelligence, yield $2 million in pilfered government benefits? It’s a scenario Haywood Talcove, chief executive of LexisNexis Risk...

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Experts Say 3DS 2.0 Will Gain Ground as Commerce Relies on ‘Connected’ Data
Experts Say 3DS 2.0 Will Gain Ground as Commerce Relies on ‘Connected’ Data
June 28, 2023  |  Cybersecurity

In a world where eCommerce is king, routing traffic is a critical move. Merchants need to ensure a seamless experience that could otherwise deter customers...

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Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
June 12, 2023  |  Legal & Regulation

In today’s fast-paced world, financial crimes are becoming increasingly common, and it’s crucial to safeguard consumers and businesses.  Lawmakers are moving to reform the Financial...

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Behavioral-Driven Fraud Is Having a Modern Day Renaissance
Behavioral-Driven Fraud Is Having a Modern Day Renaissance
June 09, 2023  |  Cybersecurity

Powered by technology like generative artificial intelligence (AI), behavioral-driven fraud is enjoying a modern renaissance. Whether through business email compromise (BEC) attacks or account takeover...

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60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
June 09, 2023  |  Cybersecurity

Companies have had to ensure the validity of customers interacting with them — while also providing a frictionless experience — since the very dawn of...

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