PYMNTS

SEPTEMBER 17, 2020

The following Deep Dive examines how digital ID verification and user authentication can foster consumer trust and why providing seamless enrollment is essential. . Other account takeover (ATO) schemes involve bots, which can conduct some 100 hits per second. Seamless, Secure Onboarding . More than 111 million U.S.

Verification 89

Verification Authentication Economy Data Breach 89

FICO

APRIL 8, 2020

Enrollment. Identity verification at point of account opening ensures that you have set up an account for a legitimate customer, but you must also be sure that you are still dealing with your legitimate customer at every interaction. Enrollment of other factors, such as a voice biometric, can be done as the account is opened.

Accounts 52

Accounts Enrollments Authentication Verification 52

PYMNTS

NOVEMBER 7, 2016

” Theien added other sources of uncertainty in payments security, like transaction authorization, enrollment and account takeovers. . “The scope of another working group is data protection, how to go about identifying what data of a B2B transaction needs to be protected and how best to protect it.”

Fed 77

Fed Secure Payments Task Force Security Federal Reserve 77

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.

MFA 46

MFA Multifactor Authentication AI Authentication 46

PYMNTS

MARCH 27, 2020

Doing so, he said, can help a firm ascertain whether first-party fraud is in play — and the transaction should ultimately go through — or whether fraudsters are attempting account takeovers or establishing new accounts with synthetic IDs.

Account Takeovers 55

Account Takeovers Due Diligence Accounts Email Compromise 55

FICO

JANUARY 11, 2021

Identity-based fraud takes many forms: application fraud , bust-out fraud , account takeover , synthetic identities and identity theft. Enrollment for future authentication. Binding the identity to the account. But, taken too far, having too many controls makes for a frustrating experience that can drive customers away.

Online and Mobile Banking 52

Online and Mobile Banking Authentication Identity Theft Account Takeovers 52

PYMNTS

FEBRUARY 22, 2019

The fallout hits everyone involved via a fraudulent transaction, and, as the data shows, account takeovers are on the rise. To make it all ubiquitous, Zekri said Acuant is currently focused on the first piece of the puzzle, tied to enrollment, across all manner of devices and locations.

Credential 52

Credential Account Takeovers Authentication Ubiquitous 52