1Kosmos launches credential service
The Paypers
APRIL 25, 2024
Identity proofing and passwordless authentication company 1Kosmos has announced the expansion of its offering with the launch of a Credential Service Provider (CSP) managed solution.
Credential Related Topics 
Polygon ID partners Verida for zero knowledge credentials
The Paypers
MAY 15, 2023
Polygon ID has partnered with Australia-based Verida to help the latter launch a mobile crypto wallet supporting zero knowledge credentials.
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Mastercard works with Web3 companies to launch crypto credentials
The Paypers
MAY 2, 2023
US-based Mastercard has joined forces with several Web3 partners to launch crypto credentials in a bid to improve the reliability of crypto transactions.
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Brivo Expands Brivo Wallet Pass Mobile Credentials With Google Wallet
The Nilson Report
MARCH 13, 2024
The post Brivo Expands Brivo Wallet Pass Mobile Credentials With Google Wallet appeared first on Nilson Report.
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Chipotle Hacked, Payment Credentials Compromised
PYMNTS
APRIL 19, 2019
.” “We are among the many retail, hotel and restaurant companies affected by credential stuffing, in which combinations of user names and passwords are accessed by third parties and used on websites of different companies to see if they can gain access,” she added. billion and $1.34 per share.
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AU10TIX, Microsoft partner on decentralised verifiable credentials
The Paypers
MARCH 28, 2023
Identity verification company AU10TIX has announced a partnership with Microsoft on Reusable ID, a new approach in verifiable credentials (VC) architecture for identity management.
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As fraudsters seek easier marks, credential stuffing tactics rise
Payments Source
MAY 8, 2019
Not unlike consumers finding it convenient to make a one-click payment online, fraudsters want less friction as they steal payment or personal credentials.
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The Chipotle Hack And The Troubling Trend Of Credential Stuffing
PYMNTS
APRIL 24, 2019
Consumers often repeat passwords across sites, the firm noted, and fraudsters use a technique known as credential stuffing — wherein they’ve taken email addresses and passwords gleaned in other attacks, and used them to brute force their way into customers’ Chipotle accounts. It could easily be credential stuffing. So, what’s going on?
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Visa Accelerates Tokenization Of Credentials On File For Digital Payments
PYMNTS
OCTOBER 17, 2018
Visa announced today the commercial expansion of its Visa Token Service for “credential-on-file token requestors.” Network tokens offer merchants an appealing solution to boosting the security of transactions while also helping merchants manage the account credentialing that is now the reality of multichannel retail payments.
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Verafide rolls out open-source solution for verifiable credentials in the UK
The Paypers
JULY 13, 2021
Verafide, a verifiable credentials technology provider for issuers, holders and verifiers of digital credentials and ID, has launched their platform on the SETL enterprise blockchain.
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Understanding POS Security: Protecting Your Business and Customer Data
VISTA InfoSec
MAY 12, 2024
Implementing 2FA adds an extra layer of security to a POS system by requiring users to prove their credentials through other means such as one-time passwords on other devices or through biometrics. This additional step helps prevent unauthorized access even if login credentials are compromised, keeping your data secure.
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Bitcoin Daily: COVID-19 Credentials Initiative Works On Certificate; Digital Currency Exchange Blackmoon Crypto To Shutter
PYMNTS
APRIL 13, 2020
The COVID-19 Credentials Initiative (CCI) is putting effort toward a digital certificate that allows people to show, and ask for evidence from others of, a recovery from COVID-19, a receipt of vaccination, or a positive test result for antibodies.
Transact Campus meets students' needs by launching Transact Mobile Credential
The Paypers
MAY 15, 2020
US-based campus credential solution provider Transact Campus has launched Transact Mobile Credential app for Google Pay , to meet students’ payment needs.
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Deep Dive: QSRs Leverage AI To Fight ATOs And Credential Stuffing
PYMNTS
FEBRUARY 26, 2020
Coffee giant Dunkin’ fell victim to a credential stuffing attack in October 2018, and the fraudsters who initiated the scheme were soon after selling users’ loyalty credits on dark web marketplaces for a fraction of their values. Selecting the Target.
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CommBank's x15 Ventures rolls out Truyu digital ID app
Finextra
MAY 14, 2024
In the week that the Australian Federal Government committed $288 million to advance digital ID and tackle identiy theft, CommBank's venture scaler unit x15Ventures has developed Truyu, an app that alerts users when there credentials are at risk of being misused by fraudsters.
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75 Arkose Labs reveals warranty against credential stuffing
The Paypers
AUGUST 11, 2021
Online fraud and abuse prevention tech provider Arkose Labs has unveiled an industry-first USD 1 million Credential Stuffing Warranty.
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28 Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
PYMNTS
DECEMBER 17, 2019
An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The victim is then offered a choice of logging in through email credentials from providers such as Google, Microsoft and Yahoo. Anomali, a security firm, says it has found bogus websites of the U.S.,
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Transact Campus meets students' needs by launching Transact Mobile Credential
The Paypers
MAY 15, 2020
US-based campus credential solution provider Transact Campus has launched Transact Mobile Credential app for Google Pay , to meet students’ payment needs.
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Baylor becomes first ‘Big 12’ US university to roll out NFC student IDs
NFCW
JANUARY 9, 2024
The implementation of mobile credentials not only enhances the overall student experience but also improves operational efficiencies and drives revenue for administrators.” “This strategic move further cements Baylor’s commitment to providing a safe, modern and efficient campus for its students.
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Elastos joins forces with The Metaverse Bank
The Paypers
FEBRUARY 7, 2024
Elastos has partnered with The Metaverse Bank (TMB) to deliver decentralised digital ID services, to enable users to verify any form of personal credential securely.
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Nacha Celebrates AAP Professionals on National AAP Recognition Day
NACHA
FEBRUARY 13, 2024
13, 2024 – Today, in support of National AAP Recognition Day, Nacha is pleased to spotlight the accomplishments of the 324 newly-minted AAPs earning their credential by passing the 2023 exam. HERNDON, Va., They are now among the nearly 4,500 payments professionals nationwide being honored for holding the AAP accreditation.
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TransUnion credential stuffing attack exposes Canadian users' credit info
The Paypers
OCTOBER 8, 2019
(The Paypers) An unauthorised person was able to gain access to a TransUnion Canada web portal, via a credential stuffing attack, and use it to pull consumer credit files.
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Visa tracks spike in retail, e-commerce fraud
Payments Dive
SEPTEMBER 13, 2023
Fraudsters developed sophisticated techniques to evade safeguards and steal payment credentials, the card network said in its biannual report.
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Google aims to bulk up wallet
Payments Dive
JUNE 1, 2023
The tech behemoth is adding features that will let consumers stuff more information, such as healthcare insurance credentials and state IDs, into its digital wallet.
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How Project Savannah Paves the Way for MSMEs to Embrace ESG Reporting
Fintech News
MAY 8, 2024
Source: Project Savannah: Common ESG Metrics for Generating Digital Sustainability Credentials for MSMEs Pillar 1: Harmonising Metrics for MSMEs The first pillar of Project Savannah focuses on establishing a globally relevant and harmonised set of common ESG metrics for MSMEs.
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Retail sector the top target for credential stuffing attacks
The Paypers
FEBRUARY 28, 2019
(The Paypers) An Akamai report has revealed that retailers are a favourite target of cybercriminals looking to cash in through easy, automated credential stuffing attacks.
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Visa to roll out credential-on-file tokenisation
The Paypers
OCTOBER 16, 2018
(The Paypers) Visa has launched credential-on-file (COF) tokenisation, a tech set to reduce ecommerce fraud, while updating customers’ details online every time they get a new card.
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Hotel booking app to receive biometric onboarding, immunity credentials from Onfido
The Paypers
MAY 13, 2020
Onfido has announced that it will be providing identity verification and immunity credentials to people booking hotel rooms through Sidehide.
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Dunkin' Donuts accounts compromised in credential stuffing attack
The Paypers
FEBRUARY 15, 2019
(The Paypers) Dunkin’ Donuts has been the victim of a credential stuffing attack during which hackers gained access to customer accounts.
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New ransomware that steals PayPal credentials using phishing discovered
The Paypers
JANUARY 15, 2019
(The Paypers) MalwareHunterTeam have discovered a new ransomware that not only encrypts users’ files, but also tries to steal their PayPal credentials with an included phishing page.
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Multifactor authentication critical for banks, IBM says
Bank Automation
MARCH 21, 2024
In 2023, cyberattacks using valid credentials to gain access to user accounts increased 71% from 2022, according to IBM’s 2024 X-Force Threat Intelligence Index. Financial institutions must prioritize multifactor authentication as hackers take advantage of a lack of identity protection.
Unlocking Renewable Energy in Latin America Through Blockchain
Paystand
APRIL 22, 2024
It enables greater transparency and traceability in energy transactions, allowing consumers to track their source and verify sustainability credentials. In the context of renewable energy, blockchain offers several key advantages.
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ID.me grants patent for third-party credential authentication
The Paypers
MARCH 27, 2019
has granted a patent for a technology to authenticate identity and credential information online. (The Paypers) ID.me
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Netsuite Certification: Everything You Need to Know
Paystand
APRIL 1, 2024
NetSuite certification is one credential that demonstrates expertise in this cloud-based software and ERP payments. In today's competitive job market, having specialized skills can make all the difference.
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59 Chronic credential reuse is making data breaches universal
Payments Source
JULY 9, 2018
All service providers, even those with a strong security posture, are only as secure as the Home Depots, LinkedIns and Equifaxes of the world, argues George Avetisov, chief executive of HYPR.
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67 Wallets Versus Stored Credentials: How Consumers Shop And Pay With Smartphones
PYMNTS
MAY 20, 2019
Mobile commerce might just be the key to saving brick-and-mortar stores. Consumers use their smartphones to shop for everything, everywhere – including using them to help them shop in-store. What’s more, consumers who use their smartphones while shopping in-store visit them more often than consumers who don’t. As much as 81.5
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Connect SimplyAP to Azure & BC for Single Sign-on
Paymerang
APRIL 22, 2024
With SSO, users can log in to all their applications with a single set of credentials, eliminating the need to remember multiple usernames and passwords. Single sign-on (SSO) is an important feature for businesses that want to make it easier for their employees to access their applications.
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How do I create and manage users?
Paymerang
APRIL 15, 2024
SimplyAP stores only the “UserID” and does not store any user credentials. The authentication of the user is managed by Microsoft Azure. The user will need to be granted access to the SimplyAP Azure application to access to SimplyAP. A SimplyAP administrator may navigate to SimplyAP Administration for user management.
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Account takeover fraud growth signals wider need for biometrics
Payments Source
JUNE 9, 2020
If a fraudster gets hold of a consumer's credentials, everything from mobile wallets, to a checking account, savings account or P2P account is in jeopardy of takeover. Identity fraud holds no prisoners when it comes to payments.
Mac users' banking credentials threatened by new malware
The Paypers
JULY 17, 2017
(The Paypers) A new scheme that steals banking credentials from Mac users via the Signal private-messaging app has been revealed.
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PayPal confirms data breach
Payments Dive
JANUARY 20, 2023
It’s unclear where or how customer account credentials were obtained. Impacted customers were notified of the incident nearly a month after it was discovered.
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Account takeover losses may exceed $635B in 2023
Bank Automation
NOVEMBER 21, 2023
Account takeovers using stolen credentials and related financial crime increased by 354% year over year in the second quarter, according to the September “Q3 2023 digital trust and safety index” report by […]
Number of stolen credentials from UK's largest businesses tripled in 2017
The Paypers
NOVEMBER 29, 2017
(The Paypers) More than three quarters of UK’s largest businesses have been exposed by compromised credentials, a report from Anomali reveals.
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28 The Heart of Magensa’s Credential Authentication Service
Payments Dive
JULY 6, 2016
MagnePrint is a dynamic card authentication technology based on the unique physical properties of the magnetic stripe, also referred to as the stripe’s digital identifier.
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