India’s Supreme Court has upheld the validity of the controversial biometric security identity system Aadhaar, but still put a stop to the government’s move to make it mandatory. Aadhaar has provided biometric identity verification for more than a billion people, but critics have warned that...
A new report revealed that Homeland Security’s face scanning airport security program is facing “technical and operational challenges” and might not be ready to launch nationwide by its estimated completion in 2021. Homeland Security’s inspector general said that while Customs and Border Protection (CBP) is...
Online fraudsters have become the 21st Century’s version of Wild West bandits, targeting banks and terrorizing the digital frontier. But, when it comes to safeguarding consumer information, there’s a new sheriff in town. In the latest PYMNTS Digital Identity Tracker™, powered by Socure, Stephane Lintner,...
Gone are the days of bandits terrorizing banks in the Old West – but that doesn’t mean banks are safe in the modern age. Online fraudsters pose threats that those bank robbers couldn’t possibly fathom, with the power to potential affect hundreds of thousands of...
February 07, 2023
The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over a user’s device and cancel the biometric verification pop-up when they attempt to log in to their mobile banking app. When this happens, apps default […]
October 24, 2017
Another day, another security breach. The headlines have been littered with recent reports of fraudsters and hackers stealing consumer information from everyone from email providers to hotel chains and credit...
July 26, 2017
Come next year, FIs will need to share consumer data with FinTechs and merchants courtesy of PSD2. In the latest PYMNTS Digital Identity Tracker™, powered by Socure, Euro Banking Association...
July 25, 2017
Protecting digital identities is all about keeping up — keeping up with new technology, new regulations and, of course, bad actors. The July PYMNTS Digital Identity Tracker™, powered by Socure,...
September 27, 2018
India’s Supreme Court has upheld the validity of the controversial biometric security identity system Aadhaar, but still put a stop to the government’s move to make it mandatory. Aadhaar has provided biometric identity verification for more than a billion people, but critics have warned that it could lead to a surveillance state, as well as […]
September 26, 2018
A new report revealed that Homeland Security’s face scanning airport security program is facing “technical and operational challenges” and might not be ready to launch nationwide by its estimated completion...
May 19, 2017
Nuance Communications announced Thursday (May 18) a new suite of biometric security tools, driven by innovations in artificial intelligence. In a press release, the company said the new Nuance Security Suite includes not...
April 19, 2017
A biometric security startup with a fast growing membership-based secure identification program just recently scored a considerable amount of additional funding. CLEAR, the popular security line-busting experience that can be...
