Remove Authentication Remove Consumer Authentication Remove Encryption
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Introducing WollettePay: One-Tap Payments Finally Come to Open Banking

Fintech Finance

With WollettePay, each transaction is protected by biometric verification, tokenisation, and advanced encryption, providing merchants and consumers with complete confidence in a seamless, secure experience. “WollettePay is the first solution to bring open banking up to speed with the card networks.

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Wollette unveils WollettePay

Finextra

With WollettePay, each transaction is protected by biometric verification, tokenisation, and advanced encryption, providing merchants and consumers with complete confidence in a seamless, secure experience. No cards Merchants avoid card fees and reduce fraud. Omnichannel Works online and in-person.

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Is No-Factor Authentication Digital Security’s Future?

PYMNTS

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.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web.

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FIDO ED On Google’s Biometric Move Beyond The Password

PYMNTS

This new capability marks another step on our journey to making authentication safer and easier for everyone to use,” Google said in the post. or FIDO2), which helps companies bypass passwords for authentication that involves fingerprints or facial recognition. The biometric option leverages the standard known as FIDO 2.0 (or

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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

Consumers can also take more advantage of tap-to-pay technology. By using this contactless payment method, consumers can take advantage of tokenization and encryption of card details, making it much harder for criminals to capture sensitive card information. Debbie holds a B.A.

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Ex-NSA Director: ‘Cyberthreats As Bad As Ever’

PYMNTS

It’s about authentication, authentication, authentication.” A debate ensued about two-factor authentication and the value of such security measures, with it boiling down to one question: how to balance consumer authentication without a frictionless commerce experience.