An identity check that stops a fraudster protects a business. One that blocks a legitimate customer costs it a sale. As automated agents handle more activity, enterprises have to establish who an agent represents and what it’s authorized to do, while keeping ordinary transactions moving....
Federal financial regulators have clarified that banks and credit unions can use government-issued digital credentials to verify customers’ identities, potentially streamlining account onboarding. But according to an analysis by Anderson Insights, reliance on digital credentials could place new demands on institutions’ verification technology, compliance procedures...
A federal payment can go wrong in two directions. Money can reach someone who shouldn’t be receiving it, or funds owed to a legitimate recipient can arrive late or require additional work to obtain. The Treasury Department is putting more controls ahead of the first...
The most expensive fraud control is becoming the one that works perfectly, just a few seconds too late. Two developments from Washington this week, one from the U.S. Treasury Department and the other from the Securities and Exchange Commission, suggest that the next competitive advantage...
October 25, 2026
An identity check that stops a fraudster protects a business. One that blocks a legitimate customer costs it a sale. As automated agents handle more activity, enterprises have to establish who an agent represents and what it’s authorized to do, while keeping ordinary transactions moving. The PYMNTS Intelligence report, “How Enterprises Can Build a ‘Know […]
October 01, 2026
Companies that keep digital identity verification in-house face a pronounced exposure to adversarial bots and agents: 53% report know-your-agent (KYA) related incidents or losses, compared with 28.8% of firms using...
September 17, 2026
Card theft and account breaches remain major threats, but some of today’s fastest-growing fraud schemes begin earlier by targeting identity itself. Criminals increasingly use artificial intelligence to build false identities...
August 21, 2026
Financial firms have confidence to spare in digital identity systems, even when the results leave plenty of room for improvement. The January 2026 PYMNTS Intelligence report “Digital Identity Verification in...
October 27, 2026
Identity/risk intelligence company Socure has introduced a method for determining whether artificial intelligence (AI) agents are trustworthy. Agent Intelligence, announced Tuesday (Oct. 27), detects AI agents, scores whether they should be trusted, and links each agent to a verified person or business. “The launch comes as the agentic revolution reaches every corner of the internet,” […]
September 21, 2026
Former xAI and Google staffer Tina Oberoi is in talks to raise $50 million in seed funding for a startup called Moir that is focused on combating deepfakes by enabling...
September 17, 2026
Plaid and digital identity wallet ID.me launched a benefits payments partnership, according to a Thursday (Sept. 17) news release. The collaboration is designed to combine ID.me’s wallet with Plaid’s financial...
September 10, 2026
IDScan.net, a provider of identity verification models, has posted a notification of data security incident on its website. In the notification, IDScan.net said it received information on or around Sept....
