PYMNTS

OCTOBER 31, 2016

The challenge is authenticating a consumer across a landscape where that individual is actively opening accounts and performing transactions. Who is really in the best position to issue, and authenticate, the digital identity assigned to a consumer? Therefore, biometrics must also deploy a system of enrollment.

Online and Mobile Banking 76

Online and Mobile Banking Verification Database Authentication 76

PYMNTS

DECEMBER 13, 2017

Identity verification and user authentication are hot spaces right now, and only getting hotter as merchants, financial institutions (FIs) and consumers demand more foolproof protection against fraudsters. Too many have been compromised, and many people are saying this old-fashioned static identifier isn’t enough anymore.

Verification 62

Verification Social Security Enrollments Authentication 62

PYMNTS

NOVEMBER 1, 2017

protocol and the European Union’s second Payment Services Directive (PSD2) have delivered a one-two punch for issuers and merchants in order to comply with these new regulatory requirements and network authentication processes. Biometric authentication does both, said Sass. The updated 3D Secure 2.0 3D Secure 2.0 Data Trove.

Security 43

Security Enrollments Authentication Issuers 43

PYMNTS

JULY 15, 2020

This seismic shift is, in turn, making it more important than ever for providers to examine the use of digital identity authentication technologies.”. As things like “deep fakes” get real and digital onboarding replaces face-to-face document presentation and authentication post-pandemic, KYP tech is fast becoming indispensable.

Data Breach 58

Data Breach CCPA Breach Social Security 58

PYMNTS

APRIL 11, 2017

Initial enrollments may happen online, added the executive, where regulatory hurdles must be leapt, for identity verification, at the front end. This is the reported number of accounts compromised just at Yahoo alone over the last several years. That’s a lot of data at risk for compromise, said Geiman.

Credential 40

Credential Enrollments Authentication Breach 40

PYMNTS

AUGUST 10, 2017

Assurance of such digital safety has several components, among them identity proofing, authenticators and federation assertions, governed by risk analysis, and, in this case, the guidelines target federal agencies, offering up required and suggested practices. Each agency has jurisdiction over the levels of assurance they employ.

Social Security 53

Social Security Security Credential Authentication 53

PYMNTS

AUGUST 21, 2018

He said, “As an individual, you have to assume your data is already compromised,” so much so that all identity proofing solutions that rely on static knowledge about a person have been rendered invalid. As Pointner said, “There is not enough understanding yet about how tough it can get when, really, someone compromises your data.”.

Data Breach 42

Data Breach Breach Laws Authentication 42

Stax

NOVEMBER 6, 2023

In 2022, there were 1802 instances of data compromise in America which affected 422 million people. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. Today, data is as important as currency and should be safeguarded as such. Let’s get started.

Encryption 88

Encryption PCI DSS Data Security Origination 88

Nanonets

APRIL 3, 2024

When you make an in-person or digital purchase, the digital wallet generates a unique, one-time authentication and communicates that alongside transaction data to the recipient or payee. In this case, though your enrolled physical card is charged, no actual card data is exchanged between buyer and seller.

Credit Cards 40

Credit Cards Venmo Payment APIs and Integration Non-Bank 40

CB Insights

AUGUST 25, 2017

Other potential applications include using blockchain to provide massive scale data authentication: for example, using its blockchain-enabled KSI (Keyless Signature Infrastructure), cybersecurity startup Guardtime tags and verifies data transactions for cryptographic assurance of their integrity and authenticity.

Blockchain 78

Blockchain Law Enforcement Bitcoin Transactions 78