Passwords news and trends

MultiFactor Authentication Meets Passkeys To Address eCommerce Usability Concerns

June 18, 2024
multi-factor authentication on laptop
Report: Apple to Unveil Password Manager App
Apple // June 06, 2024

Apple will reportedly unveil a password manager app Monday (June 10) at its Worldwide Developers Conference. Dubbed “Passwords,” the app is expected to be part of the next versions of the iPhone, iPad and Mac operating systems, Bloomberg reported Thursday (June 6), citing unnamed sources....

The Passkeys Primer: Making Sense of the New Security Paradigm
Cybersecurity // May 27, 2024

Consumers hate passwords. Fraudsters love them. There might be no better business case for passkeys, which are a biometric, digital alternative to manually selected and stored passwords. Passkeys have also been at the center of recent product introductions from Visa, Mastercard and other payments and financial services companies....

Firms Tap Passkeys to Safeguard Connected Economy Digital Infrastructure
Cybersecurity // April 08, 2024

With cyberthreats evolving in sophistication and frequency, firms are constantly seeking robust solutions to strengthen their digital defenses.  Passkeys have emerged as a player in this space, offering a more secure alternative to traditional authentication methods.  First introduced in 2022, the passwordless technology is based on industry...

Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants
Authentication // March 21, 2024

Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still stubbornly in place, and for a reason. Paguandas also outlined some key principles guiding the...

Interviews & Exclusives
The Passkeys Primer: Making Sense of the New Security Paradigm

May 27, 2024
Consumers hate passwords. Fraudsters love them. There might be no better business case for passkeys, which are a biometric, digital alternative to manually selected and stored passwords. Passkeys have also been at the center of recent product introductions from Visa, Mastercard and other payments and financial services companies. The development and usage of passkeys is arguably one of […]

Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants

March 21, 2024
Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still...

Authentication Gold Standard Balances Security and Utility

February 29, 2024
If payments make the world go ’round, authentication keeps it spinning. As online interactions spread, and commerce goes digital, the critical role of authentication processes, protocols and innovations is growing...

Consumers Like Biometrics More Than Passwords

August 10, 2023
Consumers may be stuck using the outmoded authentication system, but most prefer more sophisticated methods. Traditional use of passwords currently remains the most prevalent method for digital activities, despite recent...

Quick Reads
Report: Apple to Unveil Password Manager App

June 06, 2024
Apple will reportedly unveil a password manager app Monday (June 10) at its Worldwide Developers Conference. Dubbed “Passwords,” the app is expected to be part of the next versions of the iPhone, iPad and Mac operating systems, Bloomberg reported Thursday (June 6), citing unnamed sources. Apple did not immediately reply to PYMNTS’ request for comment. […]

Entersekt Launches Authentication Solution for Mobile Banking Apps

October 18, 2023
Entersekt, a leading provider of authentication solutions, announced Wednesday (Oct. 18) the launch of a fully integrated mobile application authentication solution for financial institutions (FIs), using the Q2 Digital Banking...

Prove Identity Raises $40 Million at Over $1 Billion Valuation

October 17, 2023
Prove Identity, a smartphone-based identity verification startup, has secured $40 million and reached unicorn status with a valuation exceeding $1 billion. The company will use the capital to “launch new...

Netflix Could Hike Prices Following Password Crackdown Success

October 16, 2023
Netflix is reportedly expected to raise prices following the success of its password-sharing crackdown. The streaming service is set to release earnings this week that show its ban on password-sharing...