The consumer identity authentication service PopID has surpassed the 100-client mark, and has plans to go national. The company announced on Tuesday (Sept. 7) that more than 100 restaurants and retail brands now accept PopPay, its payment product, on college campuses throughout Southern California. The...
Though there has been tremendous growth in the digital and mobile banking ecosystem over the last 18 months, the same cannot be said for the expected advancement beyond passwords, which are as common today as ever. According to Gerhard Oosthuizen, chief technology officer of global...
Right now — and this might surprise you — desktop internet banking still reigns supreme, largely because so many of us have been working from home and conducting life via laptop. But mobile banking is gaining fast on desktop internet banking. Along the way, banking...
Financial institutions (FIs) want to keep customers loyal, cementing relationships that are already in place — while of course gathering new members onto their rosters. Merchants want to keep top lines buoyant. In their bid to attract younger customers, these enterprises must craft digital experiences...
As consumers continue to embrace digital channels to get things done – and certainly to transact online – they want to be able to protect themselves and their accounts. The selfie-based ID is one way to help bolster defenses against fraudsters. In the recent report...
Cybersecurity efforts have traditionally focused on responding to data breaches and incidents of fraud after the fact, but as cybercriminals have grown in their sophistication, financial institutions and merchants have turned to innovations such as biometrics and behavioral analytics to prevent fraud at its source....
The headlines trumpet the gains the cyberthieves are making, through any number of schemes — ransomware, email scams, “phishing” attacks, account takeovers. As so much of daily life has moved online, as we transact and interact more across digital channels, the fraudsters have taken notice,...
Cybersecurity is a constant concern as digital engagement soars and bad actors have access to an unprecedented amount of entry points to customer accounts. Identity fraud alone cost consumers $56 billion in 2020, and companies are turning to a number of different options to replace...
Authentication represents a critical security challenge for digital businesses of all kinds, with unauthorized access accounting for 43 percent of successful data breaches at companies in the United States in 2020. Consumer losses from identity fraud totaled $56 billion last year, and 53 percent of...
