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Fiserv Rolls Out Enhanced Consumer Authentication Solutions

PYMNTS

22) that it has rolled out two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers. In a press release , Fiserv said the two new solutions expand beyond knowledge-based consumer authentication that can be vulnerable to fraud.

Fraud 101
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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. Verifies the card and pushes that information onto the merchant.

Video 40
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Identify Proofing’s Break With Fraud’s Tradition

PYMNTS

According to Barnhardt, social media may hold value for applications in which machine learning and artificial intelligence (AI) hold sway. For firms such as GIACT — firms seeking to help other companies reduce payment fraud — other tells can come from the ways people relate to technology.

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Confirming Identity, An Art And Science

PYMNTS

In an age where credentials are lifted and bartered and sold like the currencies hackers target themselves, the concept of anti-fraud efforts revolves around a simple idea: to make sure that the person being done business with is who they say they are in the first place.

Data 101