identity verification

Synchrony Says KYC Will Determine Authentication’s Future
Synchrony Says KYC Will Determine Authentication’s Future
February 26, 2024  |  Authentication

Authentication in the payments space is continuously evolving. But one constant is that any innovation needs to strike a winning balance between enhancing security and...

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Buy Side, Supply Side: Winning the B2B Payments Fraud War
Buy Side, Supply Side: Winning the B2B Payments Fraud War
February 21, 2024  |  B2B Payments

Fraud is a costly and common problem in payments. In B2B payments, both of those elements are scaled up to a degree that is impossible...

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Tinder to Expand ID Verification to US and UK
Tinder to Expand ID Verification to US and UK
February 20, 2024  |  Authentication

After a pilot program in Australia and New Zealand, Tinder will be expanding its identity verification feature to users in the United States, the United...

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Entrust Enters Exclusive Discussions to Acquire Onfido
Entrust Enters Exclusive Discussions to Acquire Onfido
February 06, 2024  |  Acquisitions

Entrust has entered into exclusive discussions to acquire Onfido. This potential acquisition would add Onfido’s cloud-based, artificial intelligence (AI)-powered identity verification (IDV) technology to Entrust’s existing portfolio...

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Campuses Tap AI-Powered Checkout to Make Payments Invisible
Campuses Tap AI-Powered Checkout to Make Payments Invisible
January 29, 2024  |  Artificial Intelligence

From universities to hospitals, campuses with their own identity verification systems are using computer vision checkout to integrate payments more seamlessly into shoppers’ on-site routines....

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Mastercard Launches Service to Ease Adoption of Biometric Authentication
Mastercard Launches Service to Ease Adoption of Biometric Authentication
January 24, 2024  |  Biometrics

Mastercard has launched the Mastercard Biometric Authentication Service, a solution aimed at enhancing security and convenience for consumers. The service leverages biometrics, such as fingerprints,...

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Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
January 18, 2024  |  Authentication

With more consumers looking to find bargains on groceries, Costco is trying a new, more prohibitive membership verification process. The warehouse club giant is testing...

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Business Leaders Must Recognize Value of Multi-Lender Financing Programs
Business Leaders Must Recognize Value of Multi-Lender Financing Programs
January 09, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Instant Payments Speed Need for Fraud Prevention
Instant Payments Speed Need for Fraud Prevention
January 08, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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