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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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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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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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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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Why Strong Digital Identity Verification Is Key To Meeting AML Requirements

PYMNTS

specifically, identity verification has long relied on credit-based data — the existence of credit history along with knowledge-based authentication (KBA) questions — in digital channels or by showing a physical, government-issued ID in person. In the U.S. The Physical Side of ID Theft .

Meeting 111
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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. Take passwords, for instance.

Security 109
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Is “Enterprise Intelligence” an Oxymoron? Breaking the 5 Blockers

FICO

Disruptive companies with new technologies bring the heat of the marketplace into their planning: they empower business users to create and manage the strategies, rules and analytics that drive decisions and actions – without dependence on IT. Insight 3: Fragmented decision assets. Jim Neumann. See all Posts. chevron_left Blog Home.