While digital identities incorporate various data points such as name, email and physical address, phone numbers are swiftly emerging as the predominant means of identification. Data from digital identity platform iconectiv underscores this trend, revealing that mobile phones serve as the primary identifier for roughly 3 billion...
Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce enablement, identity verification and identity authentication solutions for faster onboarding, reduced abandonment and lower rates of fraud. The release noted...
In an era dominated by smartphones, the necessity of carrying physical driver’s licenses or ID cards may soon become obsolete. Across the United States, the momentum behind mobile driver’s license proposals is gaining significant traction. States, as well as the federal government, are increasingly viewing...
OpenAI suggested Friday (March 29) that voice-based authentication for accessing bank accounts and other sensitive information should be phased out. The company said this while announcing in a blog post that it has developed and previewed but not widely released an artificial intelligence (AI) model that...
April 23, 2024
To the hammer of a bad actor, everything vulnerable looks like a nail. And with the rise of sophisticated fraud techniques, organizations like financial institutions that are operating within security-critical sectors are increasingly faced with the daunting task of safeguarding against a shifting mix of fraudulent attack strategies from adversaries and criminals — both online […]
May 15, 2023
Slow processing times, high banking fees, and complex and overlapping regulatory requirements continue to create pain points for individuals sending and receiving remittances worldwide. And although technology has simplified cross-border...
May 02, 2023
Security is top-of-mind for consumers as data breaches swirl across the headlines. To that end, as found in the report “Consumer Behaviors and Perceived Security Across Devices,” done in collaboration...
February 03, 2022
A year ago, with the pandemic in full swing and many stores and businesses shuttered or operating under restrictions, digital commerce was pretty much the only game in town. With...
April 16, 2024
Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce enablement, identity verification and identity authentication solutions for faster onboarding, reduced abandonment and lower rates of fraud. The release noted large levels of discontent among consumers who feel frustrated with […]
March 29, 2024
OpenAI suggested Friday (March 29) that voice-based authentication for accessing bank accounts and other sensitive information should be phased out. The company said this while announcing in a blog post that...
March 27, 2024
Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry. This collaboration will bring together banking solutions from Sandbox Banking and identity verification technology from...
March 27, 2024
Real estate software/data analytics provider RealPage has debuted tools to combat rental fraud. The new offerings, announced Wednesday (March 27), will be available with the company’s OneSite and On-Site leasing and property management...
