PYMNTS

AUGUST 8, 2019

And that fact — shared by Cognito CEO Alain Meier during a recent PYMNTS interview centered around changes in digital ID – serves to show the weakness of knowledge-based authentication. “We Meier said there is serious pressure to move further away from knowledge-based authentication methods and even Social Security numbers.

Security 147

Security Knowledge Base Fraud Online 147

PYMNTS

JUNE 11, 2020

Biometric recognition technology uses a combination of artificial intelligence (AI) and machine learning (ML) to scan, analyze and store users’ biometric data, such as fingerprints, facial features, voices or even online browsing patterns to confirm that users are who they say they are. Compliance Enforcement Goes Remote With Biometrics.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

SEPTEMBER 6, 2018

Might an on-demand mindset benefit those tech upstarts when tackling issues like fraud and anti-money-laundering (AML)? 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.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

PYMNTS

MARCH 14, 2017

As banks and payments companies endeavor to meet anti-money laundering (AML) regulations to avoid hefty fines for non-compliance, easily identifying customers in the digital channel becomes paramount to their success. Some “old school” methods that worked in the past aren’t working anymore. In the U.S. Getting Implementation Right.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

PYMNTS

MAY 15, 2018

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. That leaves online identity verification: a marriage of biometrics, machine learning and human intelligence to verify the true physical identity of the person who is trying to transact.

Fraud 129

Fraud Training Security Compliance 129

PYMNTS

OCTOBER 10, 2019

Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. The iPhone’s adoption of passcodes, thumbprints and Face ID to unlock the device, for instance, led to online and mobile banking solutions embracing Face ID to sign into their systems, too.

Strategy 124

Strategy Lending Knowledge Base Tools 124

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. government has strict standards regarding credit check regulations, and Nav’s investor and partner Experian sets its own expectations. How Nav Works.

Tools 101

Tools Data Security Fraud 101