PYMNTS

JULY 10, 2019

With the digital identity market expected to reach $15 billion by 2024, major ID providers such as Google and Apple are racing to improve the identity verification experience. Switzerland’s Jura Hospital is currently testing a 3D finger vein scanner to more effectively secure patient data. Find the feature story in the Tracker.

Apple 158

Apple social media Knowledge Base Mobile 158

PYMNTS

SEPTEMBER 5, 2019

Fraud protection has never been taken lightly by call centers, but the need for stricter authentication is reaching new levels in the face of automated bot attacks and near-daily account takeover (ATO) attempts. Fraud is an ever-evolving space, [so] it’s important, with multifactor authentication, to look at it holistically,” she said.

social media 116

social media Fraud Tools Knowledge Base 116

PYMNTS

OCTOBER 19, 2018

Bill Nelson, CEO of the Financial Services Information Sharing and Analysis Center (FS-ISAC), told PYMNTS that these rumors are likely the result of an overzealous watchdog, or security vendors that are hoping to create a market for their offerings. Using data to fight fraud. Detection is really important,” he noted.

Fraud 100

Fraud Knowledge Base System Tools 100

PYMNTS

MARCH 28, 2017

Many smartphone users go through biometric authentication processes every time they unlock their phone using a fingerprint, and many secure applications, including banking and other financial services apps, are enabling users to log into their accounts using a fingerprint or eye scan or other biometric indicators.

Report 100

Report Knowledge Base Security Technology 100

NCR

DECEMBER 15, 2017

By allowing consumers to verify their identity with a fingerprint scan or a spoken word, biometrics could eliminate the need for passwords and unique user IDs – removing one of the weakest links in the security chain. These might involve the use of one-time passcodes or knowledge-based authentication.

Fraud 96

Fraud Security Knowledge Base Analysis 96

PYMNTS

MAY 15, 2018

The Pros and Cons of Standard Security Choices. Beyond the static password, there are a few methods that organizations have been implementing in recent years to try to stay ahead of the fraud problem. Plus, data breaches have left a lot of those security responses exposed. Then there’s two-factor authentication.

Fraud 129

Fraud Training Security Compliance 129

PYMNTS

FEBRUARY 12, 2019

The ideal — the goal of ongoing work across much of the digital payments and commerce industries — is to join two related, but distinct, tasks in the hopes of bringing more security and convenience to financial and retail transactions. The Hot Thing. The key to all that? According to Pointner, that would be facial recognition technology.

St. Louis 144

St. Louis Mississippi User Experience Knowledge Base 144

PYMNTS

MARCH 14, 2017

Though money laundering is a dangerous and enormous aspect of fraud, it’s often overshadowed by high-profile data breaches and other cybercrime activities. As fraud moves away from point of sale, Clark said the landing spot of choice is application fraud — applying for an account using a fraudulent identity that’s either stolen or synthetic.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

PYMNTS

JANUARY 24, 2018

states passed laws allowing documents to be notarized electronically if the participants were in the same room as the notary, thus opening the market for solutions like DocVerify’s. Securing the Signatures. Both solutions rely on knowledge-based authentication (KBA) protocols, like those used by banks or other financial players. “If

Knowledge Base 121

Knowledge Base Virginia Security Technology 121

PYMNTS

SEPTEMBER 6, 2018

Might an on-demand mindset benefit those tech upstarts when tackling issues like fraud and anti-money-laundering (AML)? There also is what is being billed as a “plugin knowledge base” that offers implementation and reference guides, along with videos. IdentityMind has come to market with two offerings: the KYC and ICO plugins.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

PYMNTS

AUGUST 21, 2018

According to Philipp Pointner, chief product officer at Jumio , a full 90 percent of consumers are comfortable with simply answering knowledge-based questions when it comes to proving their identity. billion consumer records are exposed on the black market — and that’s just a tally from the past year. They really shouldn’t be.

Knowledge Base 110

Knowledge Base Data Security Trends 110

PYMNTS

JULY 26, 2017

The earlier regulation was designed to increase competition in the European financial services market. It forces some players in the market to open up their information to other parties, and that is really a very new element.”. This controversy speaks to larger security concerns surrounding the regulation. First Name*.

Regulation 110

Regulation Fintech Data Security 110

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. billion end users making domestic as well as international P2P payments. Download the eBook.

Mobile 109

Mobile Payments eBook User Experience 109

PYMNTS

SEPTEMBER 22, 2017

Among the front row seat observers in the battle for payments security is Stephen Stuut, CEO of online mobile payments and identity verification company Jumio. A large number of banks and online sites still rely on knowledge-based authentication. Now, consider the impact this has on the identity market. Guess what?

Innovation 140

Innovation Knowledge Base Online Mobile 140

FICO

JULY 15, 2020

By building a 360 º view around their customers, companies are able to develop a very detailed knowledge base around each customer that reveals all sort of unprecedented insights about their future behaviors and needs. No need to tell them it came from knowledge base full of algorithms. TIP 4: Be a good listener.

How To 52

How To Study Analytics Knowledge Base 52

William Mills

MAY 11, 2016

Demo: Sezzle app with knowledge based authentication to link bank accounts. It’s all done through the smartphone, with bank-level security. Chip card reader for when customers are shopping online to improve security. Customers can store all of their online profiles in one secure location to improve user experience.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

SEPTEMBER 29, 2016

Here’s what CEO Stuut had to say about his company, its current initiatives, and what we can expect from the Palo Alto-based security specialist in the months and years to come. Finovate: Where will ID scanning and technologies like FaceMatch make the biggest impact in terms of replacing passwords and security codes?

Security 12

Security Mobile Industry Knowledge Base 12

PYMNTS

AUGUST 21, 2018

This is the number of consumer records exposed on the black market, a tally from the past year. This data is not merely exposed: Now, that billion-plus number is floating around on the digital black markets, ripe for the plucking. Data Point One: 1.4 In other words, it’s not just about onboarding.

Data 105

Data Knowledge Base Security Cards 105

Fintech Labs Insights

DECEMBER 5, 2016

. “Last year, a Javelin report said that there was $9 billion lost due to card fraud. So do we have a security problem or a convenience problem?” ” “As a security professional I’ve always been told you can be secure or you can be convenient but you can’t be both,” White said.

Security 12

Security Mobile Technology Virginia 12