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Who Should Lead The Digital ID Push?

PYMNTS

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. There’s no question the world is moving in a digital direction. Department of Commerce.

Wyoming 136
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Imposter Scams Top FTC’s List of 2018 Consumer Complaints

CFPB Monitor

The report summarizes consumer complaints stored in the Consumer Sentinel Network, a secure online database. Nearly half of these reported scams involved government imposters that falsely claimed to be from the IRS, Social Security Administration, other government agency to get victims to turn over money and/or personal information.

Nevada 74
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The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week?s News

PYMNTS

Exclusive Data: Twenty-Five Percent of Consumers Say Retail, Online Grocery Digital Shift Will Stick . In the June B2B API Tracker, PYMNTS examines how the need for real-time payments has required equally fast security measures prior to the time that stolen funds are forever lost. Trackers And Reports.

Las Vegas 130
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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

As a digitized, secure, and tamper-proof ledger, blockchain could serve the same function, injecting enhanced accuracy and information-sharing into the financial services ecosystem. Elections require authentication of voters’ identity, secure record keeping to track votes, and trusted tallies to determine the winner. Healthcare.