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Why Mobile Phones Are The Better Consumer Authentication Mousetrap

PYMNTS

There are all kinds of verification use cases, he said, that don’t quite need full AML/KYC compliance, and classification purposes as to whether the consumer is in good standing or not. Preventing mobile account takeovers of existing accounts, or recognizing and proactively thwarting identity theft are two of the most common.

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TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

Waterhouse said the big evolution for the year ahead will involve taking what are now typically debit transactions like check or automated clearing house (ACH) debit and migrating those to the RTP network combining a Request for Payment (RfP) with a consumer authenticated RTP payment. However, with U.S.

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

FICO

Debbie is responsible for the products’ strategic direction and enabling enterprise use cases across a global client base. Her roles have included developing a consumer authentication solution for Experian and managing credit and identity theft management applications.

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With This Ring, I Thee Pay — Buy, And Authenticate

PYMNTS

In the latest edition of the PYMNTS “Matchmakers” podcast series, Karen Webster spoke with Tejash Unadkat, CEO at Motiv , a company that is trying to make a greater place for rings — yes, simple rings for fingers — as dominate wearable devices that can enable near-field communication (NFC) payments, purchases and consumer authentication.

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How Face ID Can Power End-To-End Verification

PYMNTS

As PYMNTS readers probably know better than others, those easily exploited sources of knowledge-based consumer authentication data continue to endure, even as criminals steal and trade massive amounts of that information on the digital black market. For one, legacy and inertia serve as powerful anchors that can work against change.

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Automated Retail’s ‘Fast And Frictionless’ Ambitions

PYMNTS

As for the third piece of the puzzle (needed for an eCommerce setting that is as fluid in the tangible realm as it is online), Clarke said there’s a consumer hunger for contactless payments, as evidenced in the embrace of such use cases in mass transit. Consumers use it for a majority of payments [where they can].

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FICO World 2023: Four Enterprise Fraud Management Takeaways

FICO

Debbie is responsible for the products’ strategic direction and enabling enterprise use cases across a global client base. Her roles have included developing a consumer authentication solution for Experian and managing credit and identity theft management applications.