biometrics

PYMNTS Intelligence: The Best Anti-Fraud Solutions for Banks and Their Customers
PYMNTS Intelligence: The Best Anti-Fraud Solutions for Banks and Their Customers
June 01, 2023  |  Fraud Prevention

Fraud’s cost goes far beyond the actual amount stolen, with a recent study finding that every dollar lost to fraud costs FIs about $4.36 in...

READ MORE >
Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
May 26, 2023  |  Security & Fraud

When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade...

READ MORE >
Generative AI Fabrications Are Already Spreading Misinformation
Generative AI Fabrications Are Already Spreading Misinformation
May 23, 2023  |  Artificial Intelligence

As buzz around generative artificial intelligence (AI) grows, critics have called for more guardrails. Observers are particularly worried about the potentially harmful effects of the landmark technology’s ability...

READ MORE >
Amazon One Pay-by-Palm Technology Adds Age Verification
Amazon One Pay-by-Palm Technology Adds Age Verification
May 22, 2023  |  Amazon

Amazon has added age verification to its pay-by-palm technology. With this expansion of the capabilities of Amazon One, customers will be able to buy alcohol...

READ MORE >
FTC: Biometric Surveillance Could Threaten Civil Rights
FTC: Biometric Surveillance Could Threaten Civil Rights
May 18, 2023  |  Biometrics

The FTC says increased use of biometrics raises “significant” concerns about security, privacy and discrimination. In a policy statement published Thursday (May 18), the Federal Trade Commission...

READ MORE >
J.P. Morgan Payments’ Georgakopoulos: Internet of Things and Embedded Finance Forge New Commerce Ecosystems  
J.P. Morgan Payments’ Georgakopoulos: Internet of Things and Embedded Finance Forge New Commerce Ecosystems  
May 10, 2023  |  Connected Economy

No one wakes up, grabs their phone and declares, I’m going to go omnichannel shopping today. But here we are, three years after the pandemic...

READ MORE >
Oura Acquires Proxy to Expand Into Payments and Authentication
Oura Acquires Proxy to Expand Into Payments and Authentication
May 09, 2023  |  Biometrics

Oura has acquired Proxy in a bid to expand into payments and authentication. The acquisition adds Proxy’s digital identity signal platform to Oura’s lineup of...

READ MORE >
71% of Gen Z Consumers Prefer Banking via Smartphone for Security
71% of Gen Z Consumers Prefer Banking via Smartphone for Security
May 04, 2023  |  Security & Fraud

As smartphone security measures like biometrics become more advanced, more consumers feel safe conducting financial transactions via mobile, including over half of seniors and baby...

READ MORE >
Meta Vows to Fight as FTC Proposes New Privacy-Related Restrictions
Meta Vows to Fight as FTC Proposes New Privacy-Related Restrictions
May 03, 2023  |  Regulation

The Federal Trade Commission (FTC) has proposed several restrictions on Meta. Saying the firm has violated a 2020 privacy order issued when it was still...

READ MORE >