PYMNTS

JUNE 11, 2020

What is new is the way in which the technology is being incorporated into businesses’ broader efforts to comply with relevant AML/KYC regulations to help mitigate identity theft and fraud and the legislation being adopted to support those technologies and govern the ways they are implemented. Digital Innovation, Legal implementation.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

SEPTEMBER 22, 2017

PYMNTS: How would you define your company’s approach to innovation? SS: Our approach to innovation is two-pronged. The third tier of technical innovation involves people — not just APIs. The second and overlooked area of innovation is in the area of user experience. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 140

Innovation Knowledge Base Online Mobile 140

NCR

DECEMBER 15, 2017

As exciting and beneficial as these innovations might be, it’s the job of the FI to think about the potential flaws and weak points in biometric systems that could be exploited by fraudsters. These might involve the use of one-time passcodes or knowledge-based authentication. What are the risks?

Fraud 96

Fraud Security Knowledge Base Analysis 96

PYMNTS

NOVEMBER 1, 2017

Sass says weak security challenges like passwords and knowledge-based questions (i.e. The innovation that 3DS 1.0 The original 3DS drove down fraud instances while simultaneously optimizing the user experience by only challenging the transaction when absolutely necessary, Rendell said. Take passwords, for instance.

Security 109

Security Payments CA Data 109

PYMNTS

DECEMBER 26, 2016

As a result, authentication and identity verification practices that rely on data only, such as passwords and knowledge-based authentication questions, have been scrutinized and are largely seen as no longer sufficient. Close to 75 percent of companies surveyed are planning to move away from relying on passwords for this very reason.

Mobile 109

Mobile Payments eBook User Experience 109

Gonzobanker

MAY 7, 2018

Most banks have horrible business, mortgage servicing and wealth management self-service capabilities, and the amount of online lending and deposit account opening is sad compared to more innovative players like USAA and Capital One 360. Force the discipline of a KPI culture.

Leadership 87

Leadership Operations Lending Strategy 87

NCR

DECEMBER 20, 2017

Among those organizations that use two-factor authentication, the most common secondary checks are knowledge-based – such as static questions – as opposed to possession-based systems such as security keys or on-device biometrics. ” So what is the future of authentication?

Security 77

Security Knowledge Base blockchain Analysis 77

FICO

OCTOBER 26, 2021

On the other side, you have FinTechs – they are much smaller and less regulated, but they have the digital savvy to steal customers and they’re taking advantage of market gaps in innovative ways. Don’t shy away from competing while staying true to your core values. Credit unions need as much insight into their members as possible.

Analytics 52

Analytics Community Branding Data 52

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. In a recent PYMNTS interview, Sacknoff explained why call centers need to be sure to approach fraud holistically, which means relying on tools like AI.

Security 152

Security social media Tools Knowledge Base 152

William Mills

MAY 11, 2016

Demo: Sezzle app with knowledge based authentication to link bank accounts. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Then confirm identity with knowledge based authentication.

Video 40

Video Mobile social media Analytics 40

PYMNTS

SEPTEMBER 12, 2019

In this month’s Feature Story, Rodgers discusses why SCA is a necessary step forward for online authentication and payment innovation, despi te its challenges. To learn more about how merchants are responding to SCA, visit the Tracker’s Feature Story. Deep Dive: Biometric Authentication in a Post-SCA World.

Regulation 126

Regulation Google Compliance Knowledge Base 126

PYMNTS

APRIL 11, 2017

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

Data social media Fraud Online 101

Fintech Labs Insights

DECEMBER 5, 2016

“Last year, a Javelin report said that there was $9 billion lost due to card fraud. The platform is designed to allow companies to “innovate as you authenticate your customers” as well as add the latest authentication technologies available. That’s a problem,” White said.

Security 12

Security Mobile Technology Virginia 12