Almost $2 trillion in payments crisscrossed the globe in 2020, ranging from mere cents for a pack of gum at a convenience store to billions of dollars in corporate acquisitions and government contracts. All these payments, no matter the size, have one thing in common:...
Customer authentication walks a tightrope between seamlessness and security, but single sign-on (SSO) systems can bridge this gap using a single password administered by third parties like Facebook or Google. In this month’s Authenticated Payments Report, Ripl CEO Clay McDaniel outlines how SSO solutions can...
Almost $2 trillion in transactions are conducted every year all around the world and fraudsters would like nothing more than to get their hands not only on every last cent, but also every byte of personal data associated with them. These bad actors deploy a...
LoginID has launched a free WordPress plugin for its passwordless authentication solution, according to a press release emailed to PYMNTS. The plugin makes it easier for WordPress-powered websites to authenticate their users with a regulatory-compliant biometric login that uses a public key cryptography to ensure...
Dubai is planning to expand its blockchain-powered know your customer (KYC) tool for financial institutions (FIs), according to an announcement. The nation’s Department of Economic Development has joined the Dubai International Financial Center (DIFC), a financial hub for 72 countries in the Middle East, Africa...
Call it the Venn diagram of life — the connected economy that brings financial services, commerce, and all manner of activities into the digital realm, where we go from site to site to get things done. And connecting it all is the password, all too...
The pandemic has proved to be one of the most challenging and disruptive events the banking industry has faced over the past century. Shuttered branch locations, limited operational hours and other measures that banks have taken to keep their employees and customers safe have fueled...
The pandemic has radically altered consumers’ expectations regarding how they transact with merchants, making digital-first experiences the standard in many areas of their lives. The banking sector has seen these digital shifts as well, especially as brick-and-mortar branches have been forced to dramatically trim their...
As the last 12 months have driven a focus on technology and digital ecosystems, it’s become more important than ever to prove identity seamlessly and securely. Chris Reid, executive vice president of identity solutions, NuData Security, Mastercard, discusses what it will take to ensure secure...
