123Loadboard has added carrier identity verification to its freight matching platform. This new feature streamlines and accelerates digital freight booking by enabling brokers and shippers to immediately determine if a carrier is a verified, legitimate business partner, 123Loadboard said in a Tuesday (Jan. 31) press...
Most consumers would choose “anything” besides password-driven account authentication, but overwhelmingly still have to use them. Don’t blame them, though. Customers would if they could. The most recent PYMNTS/Entersekt collaboration, “Consumer Authentication Preferences for Online Banking and Transactions,” highlights the divide between how customers want...
PYMNTS’ latest research finds that despite a general satisfaction with existing security measures financial institutions (FIs) use, half of all adult consumers feel their banks must take additional steps to protect their assets and personal information — especially for non-routine transactions. Banks tend to meet...
Facial biometrics, bolstered by other advanced ID technology, may help merchants fight fraud with fewer recognition errors. As fraud continues to rise in 2023, merchants spend billions combatting scams, hacks and in-store schemes every year. And things are expected to get worse. In a conversation...
The United Kingdom is preparing legislation to help people prove their identity online. In a draft legislation to support identity verification published this month, the government outlined its goal to improve online identity verification and enable better data sharing between public agencies — a move...
Despite being the weakest link in cybersecurity, passwords remain the most common digital authentication method. It’s a challenge that Fast Identity Online (FIDO), a global standard used to authenticate online payments without the need for passwords, has been working to overcome since it was launched...
Mobile devices, biometrics and identity tokenization are helping to make passwordless identity authentication a reality, Rodger Desai, chief executive officer of Prove Identity, told PYMNTS’ Karen Webster. The payoffs are huge for consumers, Desai pointed out, since they won’t have to wrack their brains to...
A new gray check that was deployed by Twitter to designate users’ accounts that had been verified as authentic by the social media platform was quickly eliminated Wednesday (Nov. 9). “I just killed it,” Elon Musk said in reply to a tweet in which a...
Network International has announced it is launching a new 3-D Secure 2 (3DS2) authentication solution in collaboration with Mastercard. With the collaboration, 3DS2 authentication using Mastercard’s Smart Interface will now be made available for merchants in the UAE “and beyond” using the N-Genius™ Online payment...