PYMNTS

APRIL 22, 2020

Banks must enable fast and seamless onboarding experiences, but these processes should also be secure. New account fraud is a significant problem for FIs, with 48 percent of values generated from fraud attempts coming from accounts that have only been open for one day, according to a recent report. Biometrics and Onboarding.

Security 133

Security Data Fraud Tools 133

PYMNTS

FEBRUARY 12, 2019

That resulted in a quite fractured user experience, and inconsistent user experiences.”. That fact, in turn, gives fraudsters the tools they need to create illegitimate accounts and conduct other forms of online theft. Online college education is another area that seems good for end-to-end verification.

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. Sarah Clark, GM of identity at Mitek , joined Karen Webster to discuss what process and technology can do to help meet AML requirements to truly authenticate who people are. In the U.S.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

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. 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.

Innovation 140

Innovation Knowledge Base Online Mobile 140

PYMNTS

NOVEMBER 1, 2017

Sass says weak security challenges like passwords and knowledge-based questions (i.e. coincides almost too neatly with the introduction of the European Union’s second Payment Services Directive, or PSD2 — a whole new set of regulatory requirements for online payments that 3DS 2.0 Take passwords, for instance.

Security 109

Security Payments CA Data 109

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.

Video 40

Video Mobile social media Analytics 40

PYMNTS

MAY 31, 2018

The biggest problem with online authentication is that it’s, well, online. That means in order for a transaction to be completed, a user must have more than just credentials, such as name, address, date of birth, Social Security and credit card number. End User Experience. Cutting Out the Internet. Regulations.

ATM 109

ATM Data Security Regulation 109