digital identity

A digital identity is information on an entity used by computer systems to represent an external agent. That agent may be a person, organization, application, or device. ISO/IEC 24760-1 defines identity as "set of attributes related to an entity".

Source: en.wikipedia.org

Advanced Identity Tools Speed Crypto Account Access and Build Revenue
Advanced Identity Tools Speed Crypto Account Access and Build Revenue
February 10, 2023  |  Digital Identity

Streamlined digital account opening is a must-have for all financial institutions (FIs). A critical step in that process is the login experience, for which customers...

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EU Debates Digital ID as New Regulation Looms
EU Debates Digital ID as New Regulation Looms
February 06, 2023  |  Digital Identity

The European Union’s new electronic identification regulation is being criticized on multiple fronts. Designed to supersede the 2014 electronic identification and trust services (eIDAS) regulation,...

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Digital ID Aims to Simplify Brits’ Use of Public Services
Digital ID Aims to Simplify Brits’ Use of Public Services
January 10, 2023  |  Authentication

The United Kingdom is preparing legislation to help people prove their identity online. In a draft legislation to support identity verification published this month, the...

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PYMNTS Intelligence: Better, Faster Digital Identification a Must-Have for Consumers, Regulators
PYMNTS Intelligence: Better, Faster Digital Identification a Must-Have for Consumers, Regulators
December 16, 2022  |  Digital Identity

Authorized push payment (APP) fraud, identity theft, synthetic account fraud and first-party misuse are all growing problems for many industries and countries. In the United...

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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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NMI, Kount Team on ISV and Merchant Fraud Prevention
NMI, Kount Team on ISV and Merchant Fraud Prevention
November 21, 2022  |  Security & Fraud

Payments platform NMI is collaborating with digital identity firm Kount, an Equifax company, to provide independent software vendors, independent sales organizations and merchant partners with...

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Mobile Devices Move Passwordless Future to the Here and Now
Mobile Devices Move Passwordless Future to the Here and Now
November 21, 2022  |  Authentication

Mobile devices, biometrics and identity tokenization are helping to make passwordless identity authentication a reality, Rodger Desai, chief executive officer of Prove Identity, told PYMNTS’...

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Identity Data Takes on Commercial Use Cases Beyond Fighting Fraud
Identity Data Takes on Commercial Use Cases Beyond Fighting Fraud
November 14, 2022  |  Digital Identity

As fraud prevention experts work to thwart shadowy foes, the identity data that is central to detecting and stopping theft has other uses that are...

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