Remove Multifactor Authentication Remove Online and Mobile Banking Remove Ubiquitous
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Remote Onboarding Boom Being Secured By Multifactor Authentication

PYMNTS

Remote onboarding has overtaken (some might say overwhelmed) banks and merchants all year long as a deluge of faceless applicants opened accounts and cards. Per the November Tracker , “Many banks, utility companies and government agencies have been leveraging two-factor authentication (2FA) for several years. Phone Call For You.

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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.

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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. A universal pleasure among mobile phone users is purchasing a new phone and the new experiences it will offer, such as better quality, larger memory, faster app loading, new features — like facial recognition — or even getting to buy a new case.