Identity verification firm Prove has acquired fellow digital identity company Portabl. The deal, announced Tuesday (Jan. 14), gives Prove access to Portabl’s offerings including the company’s specialty: reusable ID verification and networks. “Think back to the last time you signed up for a new online...
Plaid’s revenue reportedly rose more than 25% in 2024 as more consumers encountered its tech. In fact, at least half of all Americans used the company’s services in some way, Bloomberg News reported Tuesday (Jan. 14), citing a source familiar with the matter. The report notes that the...
The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise, particularly a small business, is struck. It’s at that point that fake merchants, false storefronts and money laundering can wreak...
Biometrics are increasingly being adopted for use at sports and other live events. The technology is being used to enhance ticketing, credentialing, and sales of concessions, merchandise and alcohol, BiometricUpdate.com reported Tuesday (Dec. 31). The report cited examples of solutions being deployed by companies and...
January 16, 2025
Peer-to-peer (P2P) payment platforms have gained popularity, especially among young consumers who value quick and seamless transactions. As adoption expands, however, these platforms face the challenge of balancing user convenience with the essential need to meet regulatory standards and prevent fraud. The PYMNTS Intelligence report “Peer Pressure: Balancing Convenience With Compliance in P2P Payments,” found […]
January 06, 2025
The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise, particularly a small business, is...
January 02, 2025
If trust between financial services firms, merchants and consumers is essential for commerce to take place, it’s a fragile bond. There are five main threats to that bond: credit risk;...
December 31, 2024
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 for banking, payments and the...
January 15, 2025
Identity verification firm Prove has acquired fellow digital identity company Portabl. The deal, announced Tuesday (Jan. 14), gives Prove access to Portabl’s offerings including the company’s specialty: reusable ID verification and networks. “Think back to the last time you signed up for a new online service,” Prove wrote in a blog post. “Chances are, you […]
January 14, 2025
Plaid’s revenue reportedly rose more than 25% in 2024 as more consumers encountered its tech. In fact, at least half of all Americans used the company’s services in some way, Bloomberg...
January 02, 2025
Biometrics are increasingly being adopted for use at sports and other live events. The technology is being used to enhance ticketing, credentialing, and sales of concessions, merchandise and alcohol, BiometricUpdate.com...
December 19, 2024
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, ValidiFI found in a report...
