PYMNTS

APRIL 22, 2020

Using biometrics in place of old-school knowledge-based authentication (KBA) procedures and passwords can also help improve the overall onboarding experience. FIs have been interested in biometrics ever since fingerprint-based login became a common functionality on smartphones and other devices. Biometrics and Onboarding.

Security 133

Security Data Fraud Tools 133

PYMNTS

SEPTEMBER 6, 2018

IdentityMind Global has debuted the RegTech Webstore , billed as a RegTech online marketplace that enables firms to integrate regulatory compliance functions directly into their own offerings. There also is what is being billed as a “plugin knowledge base” that offers implementation and reference guides, along with videos.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

PYMNTS

JANUARY 27, 2017

This can present a challenge to companies, especially as the number of online channels continues to grow. The first, called Academy, is a consumer- and internal-facing, self-learning knowledge base of customer support content. Customers are looking for support where they’re spending time,” Ramey noted.

Knowledge Base 100

Knowledge Base Software Columbus Ohio 100

PYMNTS

MARCH 17, 2017

A classic image of payment fraud involves a fraudster stealing credit card numbers and shopping for goods in-person or online. He gave a telling example: he and a colleague once conducted an experiment where Dewey dialed the call center listed on the back of the other’s credit card.

Fraud 107

Fraud Cards Houston Retail 107

PYMNTS

JANUARY 31, 2020

Consumers appear to be moving their debit payments away from brick-and-mortar stores toward eCommerce channels, meaning FIs and card issuers must work to support them while minimizing online security risks. FIs have long been aware that relying on knowledge-based authentication (KBA) goes only so far. Holistic Security.

Fraud 148

Fraud ATM Cards Security 148

PYMNTS

OCTOBER 7, 2019

Nav was founded in 2012 as Creditera, an online credit-monitoring service that helped small business owners track their personal and business credit information on one platform. One example he pointed out lists several names, and asks users to identify individuals with whom they have lived. How Nav Works.

Tools 101

Tools Data Security Fraud 101

PYMNTS

SEPTEMBER 21, 2016

-based company works with more than 250 merchants in 50-plus countries to boost sales at brick-and-mortar locations and reduce costs by providing them with eCommerce-related customer data they can use to enhance both online and in-store shopping experiences. Retailers Look To Expand Their Knowledge Base.

Data 100

Data San Jose Retail Analysis 100

PYMNTS

MARCH 14, 2017

specifically, identity verification has long relied on credit-based data — the existence of credit history along with knowledge-based authentication (KBA) questions — in digital channels or by showing a physical, government-issued ID in person. In the U.S. Which is why, Clark said, it’s time for a change.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

PYMNTS

MAY 15, 2018

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. For example, someone has to show the machines which part of the ID is a face and where the first and last name are listed.

Fraud 129

Fraud Training Security Compliance 129

NCR

DECEMBER 15, 2017

The UK-based banks TSB and Barclays have recently enabled mobile iris scanning and voice payments via Siri , for example. These might involve the use of one-time passcodes or knowledge-based authentication.

Fraud 96

Fraud Security Knowledge Base Analysis 96

NCR

DECEMBER 20, 2017

There is a strong argument that the traditional username and password protections used in online banking, for example, are no longer sufficient to prevent fraudulent access. What contingency plans are in place if a consumer’s biometric data is somehow stolen or compromised in a data breach, for example?

Security 77

Security Knowledge Base blockchain Analysis 77

FICO

JUNE 8, 2020

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. Once harvested, the data is sold. Customers at Risk.

Fraud 52

Fraud Training Data Knowledge Base 52

PYMNTS

AUGUST 7, 2019

NIST has been responsible for federal digital ID security for many years, but its collaboration with the private sector kicked into high gear in 2011, when President Barack Obama created the National Strategy for Trusted Identities in Cyberspace (NSTIC) — an initiative to improve the security and privacy of online transactions.

Knowledge Base 118

Knowledge Base United States Security National 118

William Mills

MAY 11, 2016

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. Customers can store all of their online profiles in one secure location to improve user experience. ^KT.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

SEPTEMBER 29, 2016

In addition to its recent funding, Jumio has forged ID verification and KYC/AML partnerships with companies ranging from European online gaming operator, Tipico ; to the Paris-based mobile scooter sharing network, Cityscoot ; to Spanish crypto-currency specialist Krypto Commerce – all in the past few months alone.

Security 12

Security Mobile Industry Knowledge Base 12

PYMNTS

NOVEMBER 15, 2017

Take, for example, the advent of thumbprint technology a decade ago and the smart devices using such biometrics that were originally deemed untrustworthy by consumers. For example, how long has someone been associated with his or her phone number or even email accounts? Those early adopters of technology died pretty quickly.

social media 100

social media Fraud Knowledge Base Data 100

PYMNTS

SEPTEMBER 4, 2019

Whether bank or business, call centers need to make sure they’re providing an innovative, robust experience for the customer online, over the phone, through mobile apps and on social media. That can make the authentication process tricky when it comes to satisfying consumers who want things done quickly. contact centers for TD Bank.

Security 152

Security social media Tools Knowledge Base 152

PYMNTS

APRIL 11, 2017

And I think a lot of that has come with how business has changed … moving more and more transactions,” which run the gamut from opening a bank account to transferring money, or even paying a babysitter through an online service. You can get a lot of things accomplished in life online. Data Point One: One Billion Plus.

Data 101

Data social media Fraud Online 101

PYMNTS

MAY 31, 2018

The biggest problem with online authentication is that it’s, well, online. The user’s specific device must also be present, and the final, knowledge-based layer must be provided – so even if a fraudster managed to get his hands on the right device, he would still be barred from doing any damage without the user’s PIN.

ATM 109

ATM Data Security Regulation 109

CB Insights

MAY 10, 2018

For example, Bain & Company highlights a case study in which it worked with a major beverage manufacturer interested in taking more advantage of digital channels. The “BeverageCo” from the example above can’t just start using Power BI to understand its business at a deeper level, because it doesn’t even know where to start.

Strategy 78

Strategy Management Analytics Tools 78

PYMNTS

SEPTEMBER 19, 2016

Payment options are embedded inside of those apps to, in theory, make checkout online and in-app efficient and fast (even though our work via the Checkout Conversion Index shows a very different reality for most retailers). Alexa can also order an Uber or a Domino’s pizza using the embedded payments credentials inside of those apps.

Payments 100

Payments Mobile Apple Google 100