PYMNTS-MonitorEdge-May-2024

biometrics

Steak ‘n Shake Partners With PopPay as More Restaurants Try Biometric Payments
Steak ‘n Shake Partners With PopPay as More Restaurants Try Biometric Payments
June 23, 2023  |  Biometrics

As restaurants look to meet consumers’ demand for quick, convenient payments with stored credentials — and to gather more consumer data in in-store transactions —...

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60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
June 09, 2023  |  Security & Fraud

Companies have had to ensure the validity of customers interacting with them — while also providing a frictionless experience — since the very dawn of...

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Delegated Authentication Helps Speed the Shift to Passwordless Future 
Delegated Authentication Helps Speed the Shift to Passwordless Future 
June 02, 2023  |  Authentication

In a world where online commerce continues its inexorable rise, authentication and transaction processes have become more critical than ever. Delegated authentication has the potential...

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PYMNTS Intelligence: The Best Anti-Fraud Solutions for Banks and Their Customers
PYMNTS Intelligence: The Best Anti-Fraud Solutions for Banks and Their Customers
June 01, 2023  |  Fraud Prevention

Fraud’s cost goes far beyond the actual amount stolen, with a recent study finding that every dollar lost to fraud costs FIs about $4.36 in...

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Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
May 26, 2023  |  Security & Fraud

When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade...

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Generative AI Fabrications Are Already Spreading Misinformation
Generative AI Fabrications Are Already Spreading Misinformation
May 23, 2023  |  Artificial Intelligence

As buzz around generative artificial intelligence (AI) grows, critics have called for more guardrails. Observers are particularly worried about the potentially harmful effects of the landmark technology’s ability...

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Amazon One Pay-by-Palm Technology Adds Age Verification
Amazon One Pay-by-Palm Technology Adds Age Verification
May 22, 2023  |  Amazon

Amazon has added age verification to its pay-by-palm technology. With this expansion of the capabilities of Amazon One, customers will be able to buy alcohol...

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FTC: Biometric Surveillance Could Threaten Civil Rights
FTC: Biometric Surveillance Could Threaten Civil Rights
May 18, 2023  |  Biometrics

The FTC says increased use of biometrics raises “significant” concerns about security, privacy and discrimination. In a policy statement published Thursday (May 18), the Federal Trade Commission...

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J.P. Morgan Payments’ Georgakopoulos: Internet of Things and Embedded Finance Forge New Commerce Ecosystems  
J.P. Morgan Payments’ Georgakopoulos: Internet of Things and Embedded Finance Forge New Commerce Ecosystems  
May 10, 2023  |  Connected Economy

No one wakes up, grabs their phone and declares, I’m going to go omnichannel shopping today. But here we are, three years after the pandemic...

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