Remove Fraud Remove Knowledge Base Remove Marketing Remove User Experience
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Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure

PYMNTS

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure. Biometrics and Onboarding.

Security 133
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How Face ID Can Power End-To-End Verification

PYMNTS

That resulted in a quite fractured user experience, and inconsistent user experiences.”. When that person seeks to access the account or another service, they must go through an authentication process. Those two things haven’t been really tied to each other,” Pointner said. Face Familiarity.

St. Louis 144
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Why Strong Digital Identity Verification Is Key To Meeting AML Requirements

PYMNTS

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
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Payments 2016: The Year Mobile, Biometrics And Trust Converged

PYMNTS

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. With this in mind, financial institutions have invested heavily in biometric authentication user experiences.

Mobile 109
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The Perfect Secure Payments Storm

PYMNTS

In a recent digital discussion with Karen Webster, Michael Sass, VP Market Product Management, Security Solutions, Europe, Mastercard , and James Rendell, VP Product Management, Payment Security, CA Technologies , discussed the advantages as well as the obstacles that are still in the way. Second, biometrics reduces fraud risk dramatically.

Security 109
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Outfoxing The Cyberfraudsters In Real-Time With Live IDs

PYMNTS

The second and overlooked area of innovation is in the area of user experience. A large number of banks and online sites still rely on knowledge-based authentication. SS: Our industry and our market dominance have paralleled the growth of smartphones. Now, consider the impact this has on the identity market.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Demo: Sezzle app with knowledge based authentication to link bank accounts. Customers can store all of their online profiles in one secure location to improve user experience. What’s the market strategy? Then confirm identity with knowledge based authentication. Plus the 1% rewards. ^KT.

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