- Friday 19th July - 4:00 am
![Intellicheck CEO: Fraudsters Using AT&T’s Call Log Breach to Build Consumer Profiles](https://www.pymnts.com/wp-content/uploads/2024/07/Intellicheck-data-security.jpg?w=160&h=113&crop=1)
The right customer data, in the right hands, can have a transformative impact on businesses. But in the wrong hands, the same sensitive information can be leveraged by bad actors ...
- Thursday 18th July - 8:01 pm
![Meta Suspends AI Tools in Brazil Amid Privacy Policy Dispute](https://www.pymnts.com/wp-content/uploads/2024/07/Meta-AI-Brazil.jpg?w=160&h=113&crop=1)
Meta has reportedly suspended its generative artificial intelligence (AI) tools in Brazil after one of the country’s regulators objected to part of the company’s privacy policy.
Earlier in July, Brazil’s National ...
- Thursday 18th July - 4:01 am
![Physical Cards: The Unexpected Frontier in Digital Security](https://www.pymnts.com/wp-content/uploads/2024/07/Card-security.jpg?w=160&h=113&crop=1)
Dr. Adam Lowe, chief product and innovation officer at CompoSecure, hears it all the time from banking executives when the topic is securing payments: “We cannot introduce friction.” But the ...
- Tuesday 16th July - 9:00 am
![Prove Debuts Self-Service ID Verification Platform](https://www.pymnts.com/wp-content/uploads/2024/01/digital-identity-verification-cybersecurity.jpg?w=160&h=113&crop=1)
Prove has introduced tools to help customers integrate its identity verification technology into their operations.
The company on Tuesday (July 16) announced its developer self-service platform along with an identity solution ...
- Monday 15th July - 4:00 am
![Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials](https://www.pymnts.com/wp-content/uploads/2024/07/Main-Feature-skipify.jpg?w=160&h=113&crop=1)
Consumers want what they want, how they want it. Consequently, when it comes to payments and commerce, businesses that can adapt to their needs and offer convenient ways to pay ...
- Thursday 11th July - 4:01 am
![Markaaz CEO Says New Take on Data Helps Banks Close Small Business Identity Gap](https://www.pymnts.com/wp-content/uploads/2024/07/Markaaz-small-business.jpg?w=160&h=113&crop=1)
How do you really know a business?
The credit score can be misleading, especially for a small business that has weathered the pandemic. A profit and loss statement shows the cold ...
- Wednesday 10th July - 5:43 pm
![OCC Head: ‘Tried-and-True Scams’ Remain Common in Financial Fraud](https://www.pymnts.com/wp-content/uploads/2021/09/Office-of-the-Comptroller-of-the-Currency-OCC.jpg?w=160&h=113&crop=1)
Banks can help combat fraud targeting consumers by verifying the accuracy of transactions, educating the public, and maintaining strong controls and fraud monitoring capabilities, Acting Comptroller of the Currency Michael ...
- Wednesday 10th July - 12:04 pm
![Knowledge Is Power When It Comes to B2B Buyer-Supplier Dynamics](https://www.pymnts.com/wp-content/uploads/2024/07/B2B-buyer-suppier-relationship.jpg?w=160&h=113&crop=1)
As the B2B landscape embraces digitization, traditional buyer-supplier dynamics are undergoing a sea of change.
With news Monday (July 8) that business identity platform Niva brought to market its business verification ...
- Sunday 7th July - 10:59 pm
![Safle Gains New Leadership, Funding to Grow Cross-Chain Identity Solution](https://www.pymnts.com/wp-content/uploads/2024/02/Web3-2.jpg?w=160&h=113&crop=1)
Safle, a self-sovereign identity protocol and non-custodial wallet, has overhauled its leadership and raised funds at a valuation of $77 million.
Apoorv Shankar, who has been building related products since 2013, ...
- Friday 5th July - 6:01 pm
![How GenAI is Reshaping eCommerce and Consumer Trust](https://www.pymnts.com/wp-content/uploads/2024/07/eCommerce-GenAI-generative-AI-consumer-trust-shopping.jpg?w=160&h=113&crop=1)
In the bustling digital marketplace of 2024, a new currency is emerging: content.
However, as a recent study by Google researchers warns, this currency may face rapid devaluation due to an ...
- Tuesday 2nd July - 4:03 am
![3-D Secure Makes Payments Better for Merchants, Shoppers, Worse for Fraudsters](https://www.pymnts.com/wp-content/uploads/2024/07/SB1-password-image-TV-overlay.jpg?w=160&h=113&crop=1)
Success in today’s hyper-connected digital landscape boils down to two things: security and convenience.
And the success of digital payments and eCommerce in the 21st century also rests on those two ...
- Tuesday 2nd July - 4:01 am
![Physical Cards Hold the Keys to a Passwordless Future](https://www.pymnts.com/wp-content/uploads/2024/07/payment-methods-authentication-Adam-Lowe-CompoSecure-Arculus.jpg?w=160&h=113&crop=1)
It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need ...
- Wednesday 26th June - 4:02 am
![The $400 Million Problem: Intellicheck CEO Details the Cost of Fake IDs](https://www.pymnts.com/wp-content/uploads/2024/06/fake-ID-Intellicheck-Bryan-Lewis-PYMNTS-TV.jpg?w=160&h=113&crop=1)
Bryan Lewis, CEO of Intellicheck, has a stark take on just how severe the damage a fraudster can inflict with a few bits of information.
“People don’t realize how easy it ...
- Tuesday 25th June - 4:02 am
![Passwordless Future Key to Competing in Digital Economy](https://www.pymnts.com/wp-content/uploads/2024/06/passwordless-authentication.jpg?w=160&h=113&crop=1)
In today’s digitally connected economy, security and user experience are becoming increasingly intertwined and interdependent.
Against that backdrop, the transformative potential of passwordless authentication represents a crucial step toward a more ...
- Monday 24th June - 1:38 pm
![Report: Shein Confidentially Files for IPO in London](https://www.pymnts.com/wp-content/uploads/2024/02/Shein-UK-IPO.jpg?w=160&h=113&crop=1)
Shein has reported confidentially filed for an initial public offering (IPO) in London.
This move doesn’t necessarily mean the IPO will happen in London, as Shein would prefer to go public ...
- Sunday 23rd June - 7:41 pm
![EU Continues Testing Digital Identity Wallets](https://www.pymnts.com/wp-content/uploads/2024/06/digital-wallet-Identity.jpg?w=160&h=113&crop=1)
The European Union (EU) is getting closer to rolling out its digital identity wallet.
As the European Commission (EC) noted on its website recently, the wallet “will be a secure and ...
- Thursday 20th June - 11:46 am
![Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence](https://www.pymnts.com/wp-content/uploads/2024/06/nonbanks-risk-kyb.png?w=160&h=113&crop=1)
For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit.
But the increasing connectedness between traditional financial players and these ...
- Tuesday 18th June - 12:32 pm
![MultiFactor Authentication Meets Passkeys To Address eCommerce Usability Concerns](https://www.pymnts.com/wp-content/uploads/2024/06/MFA-security-digital.png?w=160&h=113&crop=1)
When it comes to payments and digital commerce, proper security is a necessity.
And with the news that Amazon Web Services (AWS) is pushing ahead with making multi-factor authentication (MFA) mandatory for ...
- Friday 14th June - 2:29 pm
![Microsoft Pauses Its Launch of AI-Powered Recall Program](https://www.pymnts.com/wp-content/uploads/2024/05/Microsoft-AI-1.jpg?w=160&h=113&crop=1)
Tech giant Microsoft has decided to delay the rollout of “Recall,” its artificial intelligence (AI)-powered feature designed to track and store users’ computer activity.
The company announced on Thursday (June ...
- Friday 14th June - 9:00 am
![State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction](https://www.pymnts.com/wp-content/uploads/2024/06/online-passport-digital-ID.png?w=160&h=113&crop=1)
The U.S. State Department recently announced it is beta testing a public-facing program that enables would-be travelers to renew passports online.
As of this week, people who want to renew their ...
- Friday 14th June - 4:00 am
![Walmart and Amazon Race to Digitize the Physical Store](https://www.pymnts.com/wp-content/uploads/2024/06/Walmart-digital-shelf-labels.jpeg?w=160&h=113&crop=1)
As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores, aiming to provide the most ...
- Wednesday 12th June - 1:38 pm
![Solana Labs Debuts Customer Engagement Platform Bond](https://www.pymnts.com/wp-content/uploads/2024/06/Solana-Labs-Bond.png?w=160&h=113&crop=1)
Blockchain firm Solana Labs has debuted Bond, a customer engagement platform for brands.
“By leveraging blockchain technology, Bond enables global brands to create personalized, transparent, and engaging digital experiences that deepen customer connections and ...
- Wednesday 12th June - 9:00 am
![Apple’s AI Push Puts Privacy, Security in the Spotlight](https://www.pymnts.com/wp-content/uploads/2024/06/Apple-AI-3.jpg?w=160&h=113&crop=1)
As Apple enters the race to bring advanced artificial intelligence (AI) capabilities to consumer devices and services, the tech giant is betting that a strong emphasis on privacy and security ...
- Tuesday 11th June - 12:26 pm
![Digital IDs and Biometrics Upgrades Define Future of Transaction Security](https://www.pymnts.com/wp-content/uploads/2024/06/Mastercard-biometrics-digital-identity-authentication.jpeg?w=160&h=113&crop=1)
The interlinked future of digital identity and biometrics is already starting to transform payments.
As digital wallets increasingly gain traction, the security features driving their use are emerging as components shaping ...
- Tuesday 11th June - 7:30 am
![Mastercard to Enable One-Click Online Payments in Europe by 2030](https://www.pymnts.com/wp-content/uploads/2024/06/Mastercard-online-payment.jpg?w=160&h=113&crop=1)
Mastercard said Tuesday (June 11) that it aims to make the experience of using a card online more like that of using one in store.
The company is working to phase ...
- Friday 7th June - 3:19 pm
![Verification Innovations Help Boost Compliance and Fraud Prevention](https://www.pymnts.com/wp-content/uploads/2024/06/verification-fraud-prevention.png?w=160&h=113&crop=1)
It’s been a busy few weeks in the realm of identity verification.
Fraudsters are wily, it’s true — leveraging technology, particularly AI, and stolen data, to construct new online personas. And ...
- Thursday 6th June - 5:39 pm
![Fintracking Launches Pay-as-You-Go ID Verification Platform](https://www.pymnts.com/wp-content/uploads/2024/06/identity-FinTracking.jpg?w=160&h=113&crop=1)
Compliance firm Fintracking has debuted a “pay-as-you-go” platform for ID verification.
“The new platform provides a flexible and efficient way for businesses to securely verify identities and transactions, ensuring compliance and ...
- Thursday 6th June - 3:24 pm
![iProov Earns First FIDO Certification for Face Biometric Verification](https://www.pymnts.com/wp-content/uploads/2022/02/biometrics.jpg?w=160&h=113&crop=1)
Identity verification provider iProov says its biometric tool has achieved a notable milestone.
The science powering that tool, iProov’s Dynamic Liveness Solution, is the first to receive the new global certification on face ...
- Thursday 6th June - 11:44 am
![Meta’s AI Training Plans Targeted by EU Privacy Group](https://www.pymnts.com/wp-content/uploads/2024/06/Meta-EU-privacy.png?w=160&h=113&crop=1)
Meta’s plans for training its AI have run afoul of a European privacy group.
Vienna-based NOYB — the European Center for Digital Rights — said Thursday (June 6) it had filed complaints with 11 European countries, ...
- Friday 31st May - 4:02 am
![Embedded Authentication Could Accelerate Digital Payments](https://www.pymnts.com/wp-content/uploads/2024/05/Prove-SB-Desai.jpg?w=160&h=113&crop=1)
As we move fast and furiously into a digitally connected economy, payments modernization is essential.
After all, how businesses and consumers pay, and get paid, is central to defining the ...
- Thursday 30th May - 4:01 am
![Browser ID and ‘Silent Authentication’ Underpin Online Banking Security](https://www.pymnts.com/wp-content/uploads/2024/05/browser-ID-authentication-banking.png-.png?w=160&h=113&crop=1)
With so much focus placed on mobile banking and digital wallets, online transactions are often lost in the mix. While mobile devices have become ubiquitous, conducting transactions via desktop browsers ...
- Tuesday 28th May - 2:57 pm
![Treasury Prime and Footprint Team on ID Verification](https://www.pymnts.com/wp-content/uploads/2024/01/digital-identity-verification-cybersecurity.jpg?w=160&h=113&crop=1)
Embedded banking software firm Treasury Prime has teamed with fraud, identity and security platform Footprint.
The partnership, announced Tuesday (May 28), gives banks and their FinTech clients access to Footprint’s know ...
- Monday 27th May - 4:03 am
![The Passkeys Primer: Making Sense of the New Security Paradigm](https://www.pymnts.com/wp-content/uploads/2024/05/passkeys.jpg?w=160&h=113&crop=1)
Consumers hate passwords. Fraudsters love them. There might be no better business case for passkeys, which are a biometric, digital alternative to manually selected and stored passwords. Passkeys have also ...
- Friday 24th May - 6:00 pm
![Will FinCen’s Customer Identification Program Burden Banks and Consumers?](https://www.pymnts.com/wp-content/uploads/2024/05/Social-Security-numbers-FinCEN-identification.jpg?w=160&h=113&crop=1)
The fight between financial institutions and fraudsters is an eternal one, and a key battlefield remains identifying customers at the initial point of interaction and onboarding.
In short, making sure that a person or entity ...
- Friday 24th May - 10:38 am
![Mastercard and African Development Bank Group to Provide Digital Identities](https://www.pymnts.com/wp-content/uploads/2023/10/Mastercard.jpg?w=160&h=113&crop=1)
Mastercard and the African Development Bank Group formed an alliance to provide digital access to critical services to 100 million people and businesses in Africa over the next 10 years.
The first efforts of the organizations’ Mobilizing ...
- Friday 24th May - 4:02 am
![Real-Time Transactions and Regulations Continue to Shape Payments](https://www.pymnts.com/wp-content/uploads/2024/05/real-time-payments-modernization.jpg?w=160&h=113&crop=1)
When it comes to payments innovations, banks and payment companies have held up their end of the deal.
Instant payments, pay-by-bank, digital wallets, artificial intelligence and tokenization all have been pushed forward from the supply ...
- Friday 24th May - 4:00 am
![Payments Authentication Success Leans on Consistent User Experiences](https://www.pymnts.com/wp-content/uploads/2024/05/payments-innovation-1-TV-overlay.jpg?w=160&h=113&crop=1)
Today’s rapidly evolving payments and financial landscape brings with it both challenges and opportunities.
And the challenges and opportunities center around effective authentication, as the need for advanced security measures to ...
- Thursday 23rd May - 4:02 pm
![Strong Customer Authentication Drives 4% Decline in UK Fraud Losses](https://www.pymnts.com/wp-content/uploads/2024/02/consumer-fraud-loss.jpg?w=160&h=113&crop=1)
Financial services industry initiatives helped drive down fraud losses in the United Kingdom in 2023.
Criminals stole about 1.2 billion pounds (about $1.5 billion) through fraud that year — a figure ...
- Wednesday 22nd May - 5:44 pm
![Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong](https://www.pymnts.com/wp-content/uploads/2024/05/Worldcoin-PCPD-Hong-Kong.jpeg?w=160&h=113&crop=1)
Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong.
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) said in a Wednesday ...
- Tuesday 21st May - 4:00 am
![Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike](https://www.pymnts.com/wp-content/uploads/2024/05/Intellicheck_d8bcd3.jpg?w=160&h=113&crop=1)
Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a double-edged sword. While necessary for ...
- Thursday 16th May - 1:13 pm
![From AI to Mobile Devices: Technology Reimagines Debit and Credit Cards](https://www.pymnts.com/wp-content/uploads/2023/12/mobile-digital-wallet.jpg?w=160&h=113&crop=1)
The modern credit card’s history stretches back to just after World War II, when the Charg-It card came out of Brooklyn, tied to a single bank.
Account holders could use the cards at ...
- Wednesday 15th May - 8:17 pm
![EBay to Launch QR Code-Based Feature for Generating Product Listings](https://www.pymnts.com/wp-content/uploads/2024/05/eBay-3.jpg?w=160&h=113&crop=1)
EBay has unveiled a new “resell on eBay” feature designed to make it easier for brands and consumers to list clothing on the online marketplace.
The new feature will be built into Certilogo’s ...
- Wednesday 15th May - 2:43 pm
![Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa](https://www.pymnts.com/wp-content/uploads/2024/05/TBD.png?w=160&h=113&crop=1)
Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries.
Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized identity ...
- Wednesday 15th May - 11:29 am
![Digital ID Startup Humanity Protocol Valued at $1 Billion](https://www.pymnts.com/wp-content/uploads/2023/11/digital-identity.jpg?w=160&h=113&crop=1)
Decentralized identity startup Humanity Protocol said it is now a $1 billion company.
The firm announced the private valuation in a Wednesday (May 15) blog post as it revealed the completion of a $30 million ...
- Wednesday 15th May - 4:02 am
![Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication](https://www.pymnts.com/wp-content/uploads/2024/05/identity-theft-authentication.png?w=160&h=113&crop=1)
As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s not.
Case in point: As CEO ...