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

Half of Consumers Want More Security Measures From Banks
Half of Consumers Want More Security Measures From Banks
January 24, 2023  |  Authentication

PYMNTS’ latest research finds that despite a general satisfaction with existing security measures financial institutions (FIs) use, half of all adult consumers feel their banks...

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Online Scam Complexity Is Paradoxically Keeping Banks’ Fraud Controls Offline
Online Scam Complexity Is Paradoxically Keeping Banks’ Fraud Controls Offline
January 20, 2023  |  Cybersecurity

As long as banks have been around, they’ve been tremendously attractive targets for “robbers.” The tit-for-tat between bad actors chasing after bank deposits has evolved...

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Authentication Is Necessary to Stop Invoice Fraud
Authentication Is Necessary to Stop Invoice Fraud
January 19, 2023  |  B2B Payments

Only 38% of businesses are using document and identity authentication tools, leaving most organizations vulnerable to fraud attacks linked to incoming payments. In this month’s...

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PopID and Toshiba Partner on Facial Recognition POS Systems
PopID and Toshiba Partner on Facial Recognition POS Systems
January 13, 2023  |  Biometrics

PopID and Toshiba have partnered to add biometrics to point-of-sale (POS) and self-checkout systems. With the new collaboration, PopID’s biometric solution PopPay will be integrated...

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Biometric Authentication Can Help Merchants Reduce Fraud, but It’s Not Foolproof
Biometric Authentication Can Help Merchants Reduce Fraud, but It’s Not Foolproof
January 13, 2023  |  Authentication

Facial biometrics, bolstered by other advanced ID technology, may help merchants fight fraud with fewer recognition errors. As fraud continues to rise in 2023, merchants...

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Digital ID Aims to Simplify Brits’ Use of Public Services
Digital ID Aims to Simplify Brits’ Use of Public Services
January 10, 2023  |  Authentication

The United Kingdom is preparing legislation to help people prove their identity online. In a draft legislation to support identity verification published this month, the...

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UK and EU’s Payments and Crypto Regulation Divergence Set to Accelerate
UK and EU’s Payments and Crypto Regulation Divergence Set to Accelerate
December 30, 2022  |  Cryptocurrency

In 2023, the U.K. will accelerate its divergence from EU payment and crypto regulations. Meanwhile, the EU is moving ahead with its own policy agenda...

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Trusted ID Networks Offer Best Line of Defense Against Fraudsters
Trusted ID Networks Offer Best Line of Defense Against Fraudsters
December 28, 2022  |  Cybersecurity

Dynamic friction keeps the bad guys out, and trusted identity verification networks (ID networks) keep good customers transacting. Brad Wiskirchen, senior vice president and general...

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Digital-First Shoppers Top 2022 Retail Technology Trends
Digital-First Shoppers Top 2022 Retail Technology Trends
December 27, 2022  |  Retail

In 2022, trends in retail technology materialized or matured in a year that defied predictions. Confining our scope to just what happened in retail, PYMNTS...

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