ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a source familiar with the matter. The transaction was led by new investor Ribbit Capital, with existing investors Viking Global Investors...
The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure consumers’ identities, crafting a digital representation of the user that travels with them throughout their online and in-store journeys and...
Investors sent Intellicheck shares lower by 12% Thursday morning (Nov. 14) on a slight revenue miss. However, management pointed to potential in the company’s identity verification offerings, particularly in the areas of real estate and banking (and where retail remains a core focus, although that...
Mastercard plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by 2030. The company aims to make the change globally, replacing this process with a new one enabled by a combination of tokenization and biometric...
December 04, 2024
There’s still a place for the card — the tangible, physical card — in consumers’ wallets. In fact, Adam Lowe, Ph.D., chief product and innovation officer at CompoSecure/Arculus, told PYMNTS that metal cards hold allure for premium customers and can be a first line of defense against fraudsters. “In the same way that the keys to the […]
November 25, 2024
The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure consumers’ identities, crafting a digital...
October 28, 2024
Money movement across borders promises to speed the flow of funds between consumers and corporations if done digitally. But commerce is marked by complexity and the specter of fraud on...
October 22, 2024
You can’t get to what’s next in payments without getting to what’s next in identity. That’s according to Mary Ann Miller, vice president of client experience at Prove Identity, who...
November 25, 2024
ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a source familiar with the matter. The transaction was led by new investor Ribbit Capital, with existing investors Viking Global Investors and CapitalG taking part. Bloomberg earlier reported on the planned tender […]
November 13, 2024
Mastercard plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by 2030. The company aims to make the change globally,...
November 08, 2024
Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. The collaboration brings together Tencent’s palm recognition technology and Visa’s payment token and...
November 07, 2024
American Express has formed a deal with financial data company MX Technologies, giving their users access to improved financial management capabilities. The API-powered data access agreement will offer customers new...
