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The Pandemic’s Push For The FI/FinTech ‘Win-Win’

PYMNTS

For example, if I should lose my card, I should be able [to] get a replacement, get it instantly pushed to my digital wallet and be able to activate it instantly online.”. He added that while convenience and simplicity both sound like easy and obvious goals, providing them in a secure manner to customers across any and all channels isn’t.

Fintech 224
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Why State And Local Governments Struggle To Shred The Paper Check

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Digital disbursement innovation is picking up speed in certain states, luckily, as digital payment technology becomes more readily available and less costly. Innovations in this area are moving slightly faster in Idaho, which has been slowly introducing digital disbursements to a few programs. government departments.

Idaho 130
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Kicking The Paper Check From Its Public Payment Perch

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At base, every government agency wants three simple things when it comes to disbursements: increased efficiency, transparency and security. That is just the start of what institutions can do with a digital disbursement program as they continue to evolve with new technologies and mechanisms to improve.”. A Patchwork Project .

Payments 188
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Deep Dive: Digital ID Developments From Around The World

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Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 billion people worldwide will carry digital IDs with embedded biometrics by 2021.

Security 159
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SaaS Platform Kount Partners With Verifi To Help Firms Minimize Disputes, Fraud

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Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company. In June, Visa signed an acquisition agreement with Verifi.

Fraud 183
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Boosting Access To Financial Services In Brazil

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A recent partnership in India aims to add further biometric security to the nation’s Aadhaar system. Identity Devices Sweden AB will provide a new biometric privacy platform (BPP) to Aadhaar, essentially adding a new layer of security to its online and offline authentication systems. Deep Dive: Making National IDs Biometric-Friendly.

Wyoming 134
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Why Voice Authentication’s Doing Prison Time

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What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. New technology often starts out at the U.S. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”.

Fraud 161