PYMNTS-MonitorEdge-May-2024

digital identification

57% of Consumers Trust Banks to Safeguard Credentials With Vaults
57% of Consumers Trust Banks to Safeguard Credentials With Vaults
February 21, 2023  |  Security & Fraud

When it comes to keeping online credentials and payments safe, consumers trust their banks. Conducting so much of our daily lives online has risk and...

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Kenya Attempts to Breathe New Life Into Digital ID Scheme
Kenya Attempts to Breathe New Life Into Digital ID Scheme
January 30, 2023  |  emea

The Kenyan government is pushing for a nationwide digital ID scheme. But the years-long implementation so far has been beset with complications. The government’s attempts...

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An Insider on Why Banks Must Collaborate to Stay Ahead of Fraud
An Insider on Why Banks Must Collaborate to Stay Ahead of Fraud
December 15, 2022  |  Digital Identity

With a single fake identity, bad actors can wreak havoc by going from bank to bank and exploiting it for all they can get. In...

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Information Sharing Helps Banks Fight Consumer Identity Fraud
Information Sharing Helps Banks Fight Consumer Identity Fraud
December 14, 2022  |  Digital Identity

Increasing online fraud threatens businesses and consumers, and both are aware of the growing problem. Fraudsters use leaked credentials in 95% of credential-stuffing attacks on...

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PYMNTS Intelligence: How Telemedicine Is Driving Digital Identity Verification Adoption in Healthcare
PYMNTS Intelligence: How Telemedicine Is Driving Digital Identity Verification Adoption in Healthcare
January 27, 2022  |  Authentication

The pandemic prompted a quick, widespread digital transformation in the healthcare space, characterized by virtual care becoming the norm for routine medical appointments. A recent survey found that 56% of...

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Digital IDs Streamline Secure Patient Access To Online Rx
Digital IDs Streamline Secure Patient Access To Online Rx
January 25, 2022  |  Authentication

The pandemic accelerated digital shifts across every industry. Healthcare experienced one of the most dramatic transformations, with both patients and providers embracing virtual care. Security...

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TSA Sees Biometrics as Next-Gen ID Verification Tool
TSA Sees Biometrics as Next-Gen ID Verification Tool
December 10, 2021  |  Authentication

Quickly and easily identifying consumers online is critical for any entity conducting business on virtual channels, especially financial institutions (FIs), government entities and merchants. Determining...

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Digital ID, Biometrics Help Marijuana Dispensaries Tackle Automated Vending Compliance
Digital ID, Biometrics Help Marijuana Dispensaries Tackle Automated Vending Compliance
November 22, 2021  |  Digital Identity

Digital identity solutions have become increasingly widespread in recent years as alternatives or supplements to old-fashioned authentication methods like passwords. Businesses of all types are...

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Dumpling on Fighting Fraud With Personalized Service
Dumpling on Fighting Fraud With Personalized Service
November 02, 2021  |  Fraud Prevention

Grocery delivery platforms face the challenge of quick delivery without compromising security. In this month’s Digital Identity Tracker, Joel Shapiro, co-founder of Dumpling, discusses the...

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