Remove Authentication Remove Multifactor Authentication Remove Ubiquitous
article thumbnail

Remote Onboarding Boom Being Secured By Multifactor Authentication

PYMNTS

Overtaxing the royal attention span — that of the consumer — is a mistake, so multifactor authentication (MFA) processes are morphing in various ways to reduce onboarding frictions while maintaining rigorous multifactor authentication (MFA) and other fraud-fighting tools. Taking Authentication To The Streets.

article thumbnail

US Mobile Adopts Digital Identity Protocols To Protect Against SIM Swap Fraud

PYMNTS

Digital identity solutions have become increasingly widespread in recent years as alternatives or supplements to old-fashioned authentication methods like passwords. Multifactor authentication (MFA) and biometric scans are quickly becoming the norm in numerous fields, including online accounts for banks and other businesses.

article thumbnail

Deep Dive: How Biometrics Help Telecommunication Companies Fight Onboarding Challenges, SIM Swap Fraud

PYMNTS

Consumers’ ownership of smartphones has become all but ubiquitous in the U.S. Bank accounts, credit cards, social media and more are linked to cellphone numbers, meaning cybercriminals can easily complete two-factor authentication (2FA) checks and seize control of victims’ funds and personal data.