PYMNTS-MonitorEdge-May-2024

biometrics

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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Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist
Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist
March 18, 2024  |  Biometrics

Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries.  From fingerprint scans to facial recognition and iris...

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Spain to Sam Altman’s Worldcoin: Stop Collecting User Data
Spain to Sam Altman’s Worldcoin: Stop Collecting User Data
March 06, 2024  |  Cryptocurrency

Spain has ordered Sam Altman’s cryptocurrency project Worldcoin to cease collecting its citizens’ data. The order Wednesday (March 6) from the Spanish Data Protection Agency (AEPD) also blocks...

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Online Authentication Needs Fewer Passwords, Less Friction
Online Authentication Needs Fewer Passwords, Less Friction
March 01, 2024  |  Authentication

Siddharth Vijayakrishnan, senior vice president of product and financial intelligence at FIS Platform and Enterprise Products, said that online authentication is a work in process — but we...

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Pay-By-Hand Surges as Biometrics Moves Toward Mainstream Adoption
Pay-By-Hand Surges as Biometrics Moves Toward Mainstream Adoption
February 29, 2024  |  Biometrics

In an era where convenience is king and security is paramount, a payment option that requires nothing more than a simple scan of one’s palm...

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Authentication Gold Standard Balances Security and Utility
Authentication Gold Standard Balances Security and Utility
February 29, 2024  |  Authentication

If payments make the world go ’round, authentication keeps it spinning. As online interactions spread, and commerce goes digital, the critical role of authentication processes,...

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Transaction Monitoring Balances Customer Centricity With Fraud Defense
Transaction Monitoring Balances Customer Centricity With Fraud Defense
February 28, 2024  |  Authentication

In the world of cybersecurity, there’s no prize for being fashionably late with updates. And in today’s evolving technology and authentication landscape, if organizations aren’t...

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Continuous Verification and AI Can Drive Digital Banking Engagement
Continuous Verification and AI Can Drive Digital Banking Engagement
February 28, 2024  |  Authentication

As the payments landscape continues to advance and evolve, the central tenet of authentication remains the same. Let the right users in and keep the...

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Moving Target: Payments Dynamics Complicate Authentication Picture
Moving Target: Payments Dynamics Complicate Authentication Picture
February 27, 2024  |  Authentication

Payments increasingly exist and occur across a multifaceted, ever-evolving digital terrain. What this means is that a digital payment is never just a payment —...

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