Remove Cards Remove Compliance Remove Knowledge Base Remove Online
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IdentityMind On The Need For FinTech Compliance Marketplaces

PYMNTS

Compliance and risk? Automating that compliance is now a “need to have.”. Compliance and risk officers have the unenviable task of finding out, sometimes after the fact, that not all the boxes are checked — if they even knew the boxes were there for checking in the first place.

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Outfoxing The Cyberfraudsters In Real-Time With Live IDs

PYMNTS

Among the front row seat observers in the battle for payments security is Stephen Stuut, CEO of online mobile payments and identity verification company Jumio. Furthermore, delay in application processing leads to about 75 percent drop off in online applications, and businesses witness a decline in conversion rates. You know the ones.

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Jumio CTO Paints A Portrait Of ‘IDV Nirvana’

PYMNTS

For instance, knowledge-based authentication is well-understood by users – but the answers to security questions can be socially engineered without too much trouble just by visiting victims’ social profiles. This method, Patel said, also ensures that organizations are meeting compliance and regulatory requirements.

Fraud 129
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Stop the Social Engineering of Customers and Employees

FICO

This can include credentials, such as usernames and passwords, identity documents, knowledge-based information and payment details. For example, a complete digital identity is worth more than a partial one, and platinum credit cards are worth more than standard cards. Customers at Risk.

Fraud 52
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FinovateSpring 2016 Live Blog – Day 2

William Mills

Credit cards offer rewards but over 60% of payments are made on debit cards. Demo: Sezzle app with knowledge based authentication to link bank accounts. Chip card reader for when customers are shopping online to improve security. Integrate with any online merchant site. Plus the 1% rewards. ^KT.

Video 40
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How Merchants Can Brace For SCA’s Looming Deadline

PYMNTS

In only two days, banks, payment providers and merchants in the European Union will finally hit the controversial deadline for compliance with Strong Customer Authentication (SCA). In the United Kingdom, 70 percent of adults feel as though there are already too many identity checks required for online purchases.

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Boloro Takes An ATM Approach To Consumer IDV

PYMNTS

The biggest problem with online authentication is that it’s, well, online. That means in order for a transaction to be completed, a user must have more than just credentials, such as name, address, date of birth, Social Security and credit card number. Cutting Out the Internet.

ATM 109