PYMNTS

FEBRUARY 13, 2020

So before we add another layer of authentication , we should ask, is this actually going to serve a purpose or solve our problem?”. What is necessary, said Xie, is a different, more holistic paradigm for fighting fraud – with a broad goal of not adding more authentication steps, but fewer. The Zero-Authentication Future.

Authentication 98

Authentication Bots Identity Theft Mitigation 98

PYMNTS

SEPTEMBER 10, 2019

Since the days of desktop computing there has been an arms race between cybercriminals and cybersecurity teams. Phone companies, to bill consumers, need a high level of security around authentication. Using telecom data for authentication may seem simple and obvious — actually doing it is anything but.

Consumer Authentication 59

Consumer Authentication Authentication Consumer Identity Theft 59

PYMNTS

NOVEMBER 10, 2020

PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web. New York-headquartered PAAY, a consumer authentication innovator co-founded in 2011 by James Ruffer and Yitz Mendlowitz, has a new security solution that aims to obliterate hacking and fraud threats.

Transactions 93

Transactions Security Encryption CCPA 93

PYMNTS

MARCH 22, 2016

Alexander, at PYMNTS’ Innovation Project 2016 last week at Harvard, gave a sobering reality check about the cybersecurity threats that could become an even scarier reality in the click of a button. If nobody can pass the standard, we have to come up with a way to make cybersecurity more successful. Bush and Barack Obama.

Cybersecurity 41

Cybersecurity Authentication Security Innovation 41

PYMNTS

FEBRUARY 19, 2020

Game-changing identity/security edicts like the European Union’s second Payment Services Directive (PSD2) and its strong consumer authentication (SCA) requirement has hit implementation snags , further complicating matters. Fraudsters can seem like unstoppable ghosts in the machine, outsmarting or overwhelming intervention attempts.

Law Enforcement 52

Law Enforcement Fraud Detection Bots Phishing 52

PYMNTS

OCTOBER 14, 2019

Some of these changing regulations include the role of consumers, as when the Consumer Financial Protection Bureau (CFPB) — which is not quite to the level of open banking in Europe — issued guidelines for when consumers can access their own financial data. How money laundering, AML will change.

AML 43

AML Money Laundering Consumer Financial Protection Bureau (CFPB) Innovation 43