Remove Authentication Remove Consumer Authentication Remove Privacy
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Wollette unveils WollettePay

Finextra

Highlights Contactless tap, familiar ease Consumers pay instantly from their bank accounts without redirects or entering card details. Strong Consumer Authentication Each transaction is securely authorized via biometric authentication, with tokenisation and encryption protecting all payment data.

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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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Why Layering Is Going Out Of Fashion In Consumer Authentication

PYMNTS

Google’s Project Zero, an in-house team tasked with finding and publishing security and privacy vulnerabilities it finds in public software, released a blog post detailing major security holes it had discovered in iPhone software going back two years. Phone companies, to bill consumers, need a high level of security around authentication.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

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.

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Do Consumers Own Digital ID Algorithms? Look To Illinois.

PYMNTS

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. for use of biometric data. Larger Trends.

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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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AML/KYC Fast-Tracked In Open Banking Boom

PYMNTS

Increasingly, that work is being performed by dynamic global identity verification platforms that use strong consumer authentication (SCA) and/or multi-factor authentication (MFA) to harden the onboarding process against an army of cyberthieves exploiting pandemic disorder. Doing data right” is now critically important.

AML