PYMNTS

NOVEMBER 27, 2020

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. Phone Call For You.

Multifactor Authentication 107

Multifactor Authentication Authentication Security MFA 107

The Payments Association

JUNE 3, 2025

KYC and customer authentication innovation For most mainstream banks and fintechs, KYC (know your customer) and customer authentication are key steps in verification processes that allow customers to access products and services.

Financial Inclusion 88

Financial Inclusion Financial Literacy Treasury Governance 88

Segpay

OCTOBER 17, 2024

Age verification systems are essential tools for ensuring compliance with regulations designed to prevent minors from accessing inappropriate content or services. What is Age Verification? Verification can be completed using government-issued ID scans, credit card authorizations, or other forms of identity verification.

Verification 111

Verification Privacy Laws Compliance 111

Fintech News

SEPTEMBER 17, 2024

Major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months in a concerted effort to bolster security against phishing scams. SFV will be used in high-risk scenarios to complement existing authentication methods during DT setup.

Verification 113

Verification Scams Financial Crimes Phishing 113

Fintech Finance

NOVEMBER 25, 2024

These transactions are initiated through existing bank authentication processes, including biometric verification, making the payment process both straightforward and efficient. “At In contrast to traditional payment methods, open banking enables any bank account holder to make fast digital payments directly to a merchant.

Visa 96

Visa Payment Gateways Payments Gateways 96

Evolve Payment

OCTOBER 22, 2024

This newly developing deepfake trend poses a serious risk to businesses of all sizes, making advanced identity verification more critical than ever. One way we do this is through rigorous qualification processes, which sometimes include requests that seem strange on the surface, such as requesting a selfie for identity verification.

Deepfake 98

Deepfake Verification Fraud Detection AI 98

Fintech News

MAY 14, 2024

The Evolution of Deepfakes The term “deepfake” itself reflects the technology’s foundation in deep learning and its ability to fabricate authentic-looking content by seamlessly combining and altering existing visual and audio elements.

Deepfake 117

Deepfake Authentication Verification AI 117

Clearly Payments

NOVEMBER 13, 2024

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. Card Verification and Authentication : BINs support the verification process by providing immediate access to the issuing institution’s information.

Process 104

Process Processors Payments Compliance 104

PYMNTS

AUGUST 11, 2020

In the latest Digital Consumer Onboarding Tracker® , PYMNTS analyzes how the ongoing COVIID-19 pandemic is continuing to affect digital onboarding, the technologies companies are employing as part of these processes and why robust address verification has become essential during this time. Around The Digital Onboarding World.

Addressing 99

Addressing Verification API Authentication 99

Finovate

APRIL 9, 2025

“Security Bank is transforming digital banking in the Philippines, and we’re proud to support their vision with advanced identity verification that makes onboarding both more secure and convenient,” said Entrust Regional VP of Sales, APAC, Harvinder Singh. Entrust came out of the gates strongly in 2025.

Security 87

Security Verification Deepfake Fraud Detection 87

Fintech Finance

APRIL 28, 2025

Checkout.com , a leading global digital payments company, today announced the launch of face authentication, an AI-powered extension to its Identity Verification (IDV) solution. “ Face authentication is designed for those points in the user journey, like account recovery or re-onboarding, where friction often creeps in. .

Authentication 59

Authentication Verification Deepfake Returns 59

PYMNTS

NOVEMBER 20, 2020

An old Los Angeles gas station is getting a new life as a drive-thru authentication hub for eBay , according to a company statement on Friday (Nov. eBay’s first-ever "Authentication Station" can be used by sellers to verify the authenticity of frequently counterfeited merchandise like sneakers and watches.

Authentication 98

Authentication NOV Verification Global Payments 98

PYMNTS

NOVEMBER 24, 2020

This is leading many to utilize two-factor authentication (2FA) methods to safeguard customers’ personal information. Many FIs and businesses are relying on 2FA measures that leverage SMS — or text message-based — verification to cater to a growing number of consumers who are using mobile channels to transact. About The Tracker.

Authentication 108

Authentication Consumer Online and Mobile Banking Verification 108

Basis Theory

NOVEMBER 12, 2024

Instead of using the original sensitive data, developers and their applications use previously-generated tokens to execute traditional operations that sensitive data would provide, like performing analyses, generating documents, or customer verification. Tokens, on the other hand, do not depend on the sensitive data to be created.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

PYMNTS

NOVEMBER 25, 2020

He said that identity verification can be well-achieved by AI models, but the teams creating those models need access to data that doesn’t have built-in bias. A starting point to conducting identity verification is document-based, he said. By contrast, face verification is about establishing one’s identity.

AI 141

AI Verification Disaster Recovery Authentication 141

Stax

AUGUST 20, 2024

One solution to counter this problem is 3D Secure Authentication. This article will discuss what 3D Secure Authentication is and how the 3DS authentication process works. We will also examine the benefits of using 3D Secure Authentication for merchants and provide some tips on implementing it at online checkout.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

VISTA InfoSec

FEBRUARY 25, 2024

User Account Details Usernames, passwords, security questions, login timestamps, failed login attempt logs, password reset tokens, multifactor authentication details, and session IDs. Accidental data leaks by insiders mishandling information also trigger breaches frequently.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Fintech News

MARCH 3, 2025

Security measures include OTP verification and PIN or biometric authentication for transactions exceeding S$1,000. Transfers can only be made from funds topped up via PayNow or a linked bank account, with transaction limits set at S$20,000 per transaction and S$100,000 annually.

Multi-Currency 106

Multi-Currency Cross-Border Payments Cross-Border Transaction Limits 106

Fintech Finance

APRIL 17, 2025

MoneyGram customers in the United States can now use Plaid’s technology to help authenticate their bank accounts, enabling fast and secure funding for both domestic and cross-border payments. This partnership enhances the MoneyGram Online (MGO) experience and is expected to scale to additional markets later this year.

Global Payments 85

Global Payments Cross-Border Payments Cross-Border Credit Union 85

Finovate

MAY 28, 2025

The partnership will combine Daon’s identity verification and biometric authentication technology with Giesecke+Devrient’s digital security product suite. Daon conducts more than 250 million daily authentications and serves hundreds of millions of users on six continents.

Fraud Prevention 52

Fraud Prevention Verification Deepfake Central Bank 52

Fi911

DECEMBER 18, 2024

The Future of Geolocation Technology in Fraud Prevention By combining it with other security techniques such as biometric authentication, multi-factor authentication, and behavioral analytics. However, businesses can strengthen their geolocation fraud prevention measures with a multi-layered approach.

Fraud Prevention 96

Fraud Prevention Fraud Detection Addressing Authentication 96

PYMNTS

DECEMBER 8, 2020

The December AML/KYC Tracker® explores the latest in AML/KYC developments, including the growing problem of money laundering at cryptocurrency exchanges, the transaction analysis and user verification procedures exchanges are deploying to stop launderers, and the still-extant problem of money laundering at traditional financial institutions.

AML 104

AML Cryptocurrency Verification Money Laundering 104

The Paypers

APRIL 26, 2024

Entrust has introduced an authentication solution consolidating identity verification (IDV) and identity and access management (IAM) into a single platform.

Authentication 69

Authentication Verification 69

PYMNTS

APRIL 21, 2020

The Royal Bank of Canada (RBC) is one such FI that recently rolled out digital government identity verification capabilities, allowing customers to verify their identities using its RBC mobile app. Customers click on their IDs in the mobile app to receive and complete ID verification processes at home with a high level of security.

Verification 121

Verification Accounts Online and Mobile Banking CHIPS 121

The Fintech Times

DECEMBER 10, 2024

AI-powered automated document authentication and fraud detection solutions provider, IDVerse is set to be acquired by data and analytics platform, LexisNexis Risk Solutions and become a part of LexisNexis Risk Solutions Business Services to combat AI-generated fraud. AI-powered document verification represents this kind of balance.”

AI 64

AI Risk Acquirers Deepfake 64

The Paypers

JANUARY 24, 2025

Entrust has launched an AI-powered identity verification as a new tool for its IDaaS platform, enabling facial biometric authentication by verifying users against their encrypted identity.

Authentication 68

Authentication AI Encryption Verification 68

The Paypers

NOVEMBER 21, 2024

Global identity verification provider Shufti has announced the launch of its Fast ID authentication and portable identity service for its customers.

Authentication 69

Authentication Verification 69

Fintech Finance

AUGUST 5, 2024

For the past 25 years, he has been involved in online identity verification including being a key member of the team that built the UK’s first eIDV product (BT URU). David then moved on to work with GBG to lead the development team on their ID3 Global online identity verification product, which was the global market leader for many years.

Technology 124

Technology Financial Crimes Verification Crime 124

The Payments Association

JUNE 3, 2025

This transformation is further accelerated by the rise of Passkey authentication, which, as Srinivasan put it, enables secure and frictionless payments. Traditionally, identity verification and credential storage were separate from payment processes.

88

88

The Payments Association

JANUARY 22, 2025

This increased digital dependency has raised the need for secure access and quick and easy identity verification online. Electronic forms of authentication and identification help individuals to access these services smoothly and quickly. Previously, these exchanges relied on in-person verification.

Security 88

Security Online and Mobile Banking Credential Verification 88

Fintech Review

OCTOBER 1, 2024

A new focus on digital identity verification As the financial landscape continues to evolve, the importance of Anti-Money Laundering ( AML ) and Know Your Customer (KYC) processes has never been more pronounced. Surveying 1000 consumers, the study delved into their experiences and expectations regarding digital verification.

AML 98

AML Verification Research Consumer 98

The Payments Association

MARCH 19, 2025

Today, they facilitate everything from identity verification to peer-to-peer transactions, quietly redefining the banking experience and making traditional financial institutions play catch-up. Technological advancements, including NFC, QR codes, and biometric authentication, have made digital wallets more user-friendly and secure.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

PYMNTS

MARCH 27, 2020

The gateway to all of this digitization running smoothly is, of course verification. And verification can come only on the heels of having the right documentation, attributes and offerings in place that can be verified with speed and security through the use of advanced technologies.

Verification 144

Verification Authentication Gateways SWIFT 144

The Fintech Times

AUGUST 30, 2024

To speed up this process to a matter of seconds, iDenfy , the Lithuanian regtech, is launching its new ‘Face Authentication’ service. The iDenfy Face Authentication check enables businesses to onboard new customers quickly and securely. The extracted information then verifies the authenticity of the face.

Authentication 64

Authentication Due Diligence Verification Compliance 64

The Payments Association

DECEMBER 9, 2024

These capabilities make LLMs ideal for real-time fraud detection, transaction monitoring, and identity verification, helping payment providers stay one step ahead of fraudsters and ensuring a more secure financial ecosystem. Enhanced fraud detection extends to biometric authentication, a key element of payment security.

Privacy 88

Privacy Payment Security AI Security 88

The Fintech Times

JUNE 3, 2025

Biometric security has long been viewed as one of the most secure ways of authenticating someones identity but in an age of rapidly developing AI which can create lifelike spoofs, the reliability of fingerprint and facial recognition technology is being called into question.

Technology 45

Technology Database Verification Governance 45

Fintech Finance

JUNE 14, 2024

Fingerprint Cards AB (Fingerprints ) and WiBioCard , an Italy-based smart card integrator specializing in web access authentication, verification and physical and logical access control have partnered to offer innovative smart card solutions for the global access market.

Verification 98

Verification Privacy Authentication End User 98