authentication

Authentication is the act of proving an assertion, such as the identity of a computer system user. In contrast with identification, the act of indicating a person or thing's identity, authentication is the process of verifying that identity.

Source: en.wikipedia.org

Consumers Like Biometrics More Than Passwords
Consumers Like Biometrics More Than Passwords
August 10, 2023  |  Authentication

Consumers may be stuck using the outmoded authentication system, but most prefer more sophisticated methods. Traditional use of passwords currently remains the most prevalent method...

READ MORE >
China Calls for Limits on Facial Recognition Tools
China Calls for Limits on Facial Recognition Tools
August 08, 2023  |  Biometrics

China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial...

READ MORE >
What If: Elon Musk’s X Becomes the Next Super App?
What If: Elon Musk’s X Becomes the Next Super App?
August 03, 2023  |  financial apps

Super apps like Alibaba’s Alipay and Tencent’s WeChat have become super successful in Asia. Their market dominance in turn has made Western entrepreneurs “super” interested...

READ MORE >
When AI Walks Like a Duck: Navigating Future Content Landscapes
When AI Walks Like a Duck: Navigating Future Content Landscapes
August 01, 2023  |  Artificial Intelligence

The problem with artificial intelligence (AI) is that its intelligence is, well, artificial. And AI-generated content can spread potentially harmful misinformation and synthetic media across images, text,...

READ MORE >
Nearly a Third of Consumers Want More Than Biometric Authentication When Accessing Bank Accounts
Nearly a Third of Consumers Want More Than Biometric Authentication When Accessing Bank Accounts
July 27, 2023  |  Authentication

When it comes to authentication, consumers increasingly trust and prefer the biometrics afforded by smartphones to protect their identities. But although they love this seamlessness,...

READ MORE >
Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
July 05, 2023  |  Credit Unions

Credit unions need to innovate — and quickly. Scott Young, managing VP of emerging services as PSCU, said credit unions (CUs) have the tools, and,...

READ MORE >
Getting Consumers Ready to Move From Passwords to Passkeys
Getting Consumers Ready to Move From Passwords to Passkeys
June 29, 2023  |  Authentication

Passwords — and even one-time passcodes (OTPs) — render us vulnerable to fraudsters, which has always been so.   The fraudsters are stepping up their attacks...

READ MORE >
EU Proposes PSD2 Revamp for ‘Digital Age’
EU Proposes PSD2 Revamp for ‘Digital Age’
June 28, 2023  |  Regulation

In Europe, the Payments Services Directive is getting a makeover. To that end, as announced on Wednesday (June 28), the European Commission has proposed a...

READ MORE >
Synthetic Fraud Rises at ‘Alarming’ Rate as AI Evolves
Synthetic Fraud Rises at ‘Alarming’ Rate as AI Evolves
June 28, 2023  |  Security & Fraud

Can one stolen ID, augmented with artificial intelligence, yield $2 million in pilfered government benefits? It’s a scenario Haywood Talcove, chief executive of LexisNexis Risk...

READ MORE >