authentication

Authentication is the act of proving an assertion, such as the identity of a computer system user. In contrast with identification, the act of indicating a person or thing's identity, authentication is the process of verifying that identity.

Source: en.wikipedia.org

Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
April 04, 2024  |  Fraud Prevention

For online merchants, winning the high-stakes battle against fraud and cybersecurity breaches is critical to survival. PYMNTS Intelligence finds that 82% of U.S. eCommerce players...

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OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
March 29, 2024  |  Security & Fraud

OpenAI suggested Friday (March 29) that voice-based authentication for accessing bank accounts and other sensitive information should be phased out.  The company said this while...

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Retailers Add Tech to Meet Consumer Demand for Biometric Authentication
Retailers Add Tech to Meet Consumer Demand for Biometric Authentication
March 28, 2024  |  Retail

With consumers looking for more frictionless authentication, retailers ranging from Whole Foods to Steak ’n Shake are adding biometric payments. Amazon has been looking to remove friction from its Amazon One pay-by-palm...

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Amazon Debuts App for Easier Palm Payment Sign-Ups
Amazon Debuts App for Easier Palm Payment Sign-Ups
March 28, 2024  |  Biometrics

Amazon is making it easier for consumers to use its palm payment tool Amazon One. “Until today, customers had to visit a physical location to hover their palm...

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Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions
Sandbox Banking and Plaid Partner on Automated Identity Verification Solutions
March 27, 2024  |  Identity

Sandbox Banking and Plaid have partnered to offer automated identity verification solutions for the financial services industry.  This collaboration will bring together banking solutions from Sandbox Banking...

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Biometric Ticketing Drives Stadiums’ Digital Makeover
Biometric Ticketing Drives Stadiums’ Digital Makeover
March 25, 2024  |  Biometrics

Baseball season officially kicks off March 28, and fans are set to experience a shift in their stadium visits across the country. One such change is...

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Remote Identity Proofing Hurdles Put Spotlight on Increasing Fraud Sophistication
Remote Identity Proofing Hurdles Put Spotlight on Increasing Fraud Sophistication
March 22, 2024  |  Cybersecurity

As traditional forms of identification prove increasingly inadequate in the digital space, the necessity for innovative and secure solutions becomes evident.  Remote Identity Proofing (RIDP),...

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Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants
Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants
March 21, 2024  |  Authentication

Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be...

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Instant Financial Debuts App for Faster Earned Wage Access
Instant Financial Debuts App for Faster Earned Wage Access
March 19, 2024  |  Faster Payments

Earned wage access firm Instant Financial released a new mobile app and updated mobile wallet. “Understanding that over 50% of Americans would likely avoid major financial pitfalls...

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