multi-factor authentication

Deep Dive: Why Leveraging Biometrics Can Ease FIs’ $4B ATO Problem
Deep Dive: Why Leveraging Biometrics Can Ease FIs’ $4B ATO Problem
July 13, 2020  |  Fraud Prevention

Account takeovers (ATOs) are a growing source of pain for financial institutions (FIs) and their customers, with losses from these attacks rising 164 percent in...

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Deep Dive: Reducing The Security Risks Of Open Banking
Deep Dive: Reducing The Security Risks Of Open Banking
June 29, 2020  |  Fraud Prevention

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick,...

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Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
June 25, 2020  |  Fraud Prevention

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...

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Real-Time Payments’ Real-Time Achilles Heel
Real-Time Payments’ Real-Time Achilles Heel
June 03, 2020  |  API

The role of application programming interfaces (APIs) in banking and B2B payments has grown progressively larger over recent years, especially overseas. The United Kingdom has...

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How Iris Scans Win When Facial Recognition Fails
How Iris Scans Win When Facial Recognition Fails
April 27, 2018  |  Authentication

Is facial recognition tech up to the identical twin challenge? Not exactly, says University of Notre Dame computer science and engineering professor Kevin Bowyer. It’s...

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TRENDING: Identical Twins Highlight Need To Double Up On Biometrics
TRENDING: Identical Twins Highlight Need To Double Up On Biometrics
April 26, 2018  |  Authentication

Face and voice recognition technologies are gaining popularity in the fast-evolving world of biometrics. But even these authentication solutions need safeguards in place to ensure...

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Can ‘Healthy Friction’ Help Build Consumer Trust?
Can ‘Healthy Friction’ Help Build Consumer Trust?
January 26, 2018  |  Security & Fraud

Friction isn’t a deal-breaker for mobile banking and payment apps. To be sure, too much friction can send users running back to the App Store...

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The Great Identity/Authentication Confusion
The Great Identity/Authentication Confusion
April 06, 2017  |  Security & Fraud

At this year’s PYMNTS Innovation Project, Admiral James Stavridis, NATO’s former Supreme Commander, said that one of the biggest points of compromise that cybercrooks exploit...

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Lawsky Pressures Banks To Adopt Multifactor Authentication
Lawsky Pressures Banks To Adopt Multifactor Authentication
June 03, 2016  |  Security & Fraud

“We live in a world where each day we are surprised by something new when it comes to the sophistication and the capabilities of hackers,”...

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