digital identity

A digital identity is information on an entity used by computer systems to represent an external agent. That agent may be a person, organization, application, or device. ISO/IEC 24760-1 defines identity as "set of attributes related to an entity".

Source: en.wikipedia.org

Merchants Beef Up KYB as FinCEN Plays Hardball on Beneficial Ownership Rules

Merchants Beef Up KYB as FinCEN Plays Hardball on Beneficial Ownership Rules
Merchants Beef Up KYB as FinCEN Plays Hardball on Beneficial Ownership Rules
January 06, 2025  |  Security & Fraud

The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise,...

READ MORE >
The Five Not-So-Obvious Things That Will Change the Digital Economy in 2025
The Five Not-So-Obvious Things That Will Change the Digital Economy in 2025
January 06, 2025  |  Digital Payments

It’s only been for the last 443 years that the start of the new year was celebrated on January 1st.  For millennia before that, it...

READ MORE >
Global Live Events Industry Focuses on Biometrics in 2025
Global Live Events Industry Focuses on Biometrics in 2025
January 02, 2025  |  Biometrics

Biometrics are increasingly being adopted for use at sports and other live events. Get the Full Story Complete the form to unlock this article and...

READ MORE >
US Bank Division Sees AI and APIs Meeting Customer Expectations
US Bank Division Sees AI and APIs Meeting Customer Expectations
January 02, 2025  |  Payments Innovation

If trust between financial services firms, merchants and consumers is essential for commerce to take place, it’s a fragile bond. Get the Full Story Complete...

READ MORE >
Digital Wallets Go Global, but Local Nuances Remain
Digital Wallets Go Global, but Local Nuances Remain
January 01, 2025  |  Digital Payments

One of the projects we were most proud of at PYMNTS Intelligence was our series produced with Google Wallet on the attitudes toward and usage...

READ MORE >
To Know What’s Next in Payments, First Look Back
To Know What’s Next in Payments, First Look Back
December 31, 2024  |  Payments Innovation

As we wrap up 2024, PYMNTS’ “What’s Next in Payments” series has provided insights from industry leaders on the current and future state of play...

READ MORE >
Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
December 26, 2024  |  Security & Fraud

As payments become faster, fraudsters hide behind anonymity or concoct identities that seem legitimate, and then scam banks, merchants and individuals out of their money....

READ MORE >
Digital ID Verification Reduces Stadium Entry Wait Times by 68%
Digital ID Verification Reduces Stadium Entry Wait Times by 68%
December 26, 2024  |  Digital Identity

Digital identity verification and blockchain-based ticketing are helping stadium operators enhance the fan experience by letting them spend less time waiting in lines and more...

READ MORE >
ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk
ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk
December 19, 2024  |  Security & Fraud

Consumers who initially appear low risk based on basic bank account validation may be revealed to be fraudsters when analyzed with additional signals and insights,...

READ MORE >