identity verification

Online Scam Complexity Is Paradoxically Keeping Banks’ Fraud Controls Offline

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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PYMNTS Intelligence: Technology Is Needed to Tackle Fraud and Safeguard Incoming Revenue
PYMNTS Intelligence: Technology Is Needed to Tackle Fraud and Safeguard Incoming Revenue
January 20, 2023  |  B2B Payments

In an increasingly online world, companies still relying on manual accounts payable (AP) and accounts receivable (AR) processes are struggling to keep up — in...

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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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Report: Facial Recognition Faces Fresh Concerns, Calls for Regulation
Report: Facial Recognition Faces Fresh Concerns, Calls for Regulation
January 08, 2023  |  Biometrics

Is facial recognition growing too fast for its — and our — own good? In the wake several wrongful arrests and incorrect ID attempts, facial...

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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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Intelligent Tech Balances Customer Convenience With Identity Theft
Intelligent Tech Balances Customer Convenience With Identity Theft
December 19, 2022  |  Digital Identity

Identity theft and other types of fraud will become even more widespread in 2023. That’s according to the latest report released by the Identity Theft...

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Business Payments Fraud Remains Top Concern Among B2Bs
Business Payments Fraud Remains Top Concern Among B2Bs
December 06, 2022  |  Cybersecurity

Inflation may be inescapable but research shows businesses are actually more worried about fraud. According to the “B2B Payments Fraud Tracker,” from PYMNTS and nsKnox,...

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