article thumbnail

Why Financial Services Ranks Highest In Consumer Authentication Satisfaction

PYMNTS

Whether going online to view their bank balance, book a doctor’s appointment or buy a pair of shoes, consumers must first confirm their identities. Online authentication is a built-in component in how consumers interact with products and services in their daily lives.

article thumbnail

PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do Consumers Own Digital ID Algorithms? Look To Illinois.

PYMNTS

What that means for future use of biometrics for consumer authentication in payments and commerce is unclear, but it’s a good idea to keep an eye on such cases to see how the law develops. In fact, the Wendy’s fast food chain was recently hit with such a suit in Illinois.

article thumbnail

Deep Dive: How Banks Are Innovating AML Strategies In The Face of Global Fraud

PYMNTS

Federal standards exist for data security, AML and other anti-fraud measures, but state-level governments and legislation can also affect what is or is not allowed. Starting an innovation battle can be more difficult than expected for banks, in part because of how U.S. financial regulations work. How money laundering, AML will change.

AML 43
article thumbnail

Deutsche Bank Acknowledges Complexity, Confusion In PSD2 Implementation

PYMNTS

Among them are the Regulatory Technical Standards (RTS) on Strong Consumer Authentication (SCA) and Common and Secure Communication (CSC), which will not see an implementation date until the first half of 2019 at the earliest.