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

Visa Partners With Prove for Faster Customer Onboarding
Visa Partners With Prove for Faster Customer Onboarding
May 10, 2023  |  Authentication

Identity verification firm Prove has teamed with Visa to speed up customer onboarding. The partnership, announced Wednesday (May 10), gives Visa clients access to Prove’s Pre-Fill identity verification solution, which lets...

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Oura Acquires Proxy to Expand Into Payments and Authentication
Oura Acquires Proxy to Expand Into Payments and Authentication
May 09, 2023  |  Biometrics

Oura has acquired Proxy in a bid to expand into payments and authentication. The acquisition adds Proxy’s digital identity signal platform to Oura’s lineup of...

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Unauthorized GCash Withdrawals Highlight Dangers of Digital Wallet Fraud 
Unauthorized GCash Withdrawals Highlight Dangers of Digital Wallet Fraud 
May 09, 2023  |  Security & Fraud

The hackers have been foiled.   At least in one case, and at least for the moment, they have been foiled. But the threats to, and...

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71% of Gen Z Consumers Prefer Banking via Smartphone for Security
71% of Gen Z Consumers Prefer Banking via Smartphone for Security
May 04, 2023  |  Security & Fraud

As smartphone security measures like biometrics become more advanced, more consumers feel safe conducting financial transactions via mobile, including over half of seniors and baby...

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Google Adds Passkeys as Option for Google Accounts
Google Adds Passkeys as Option for Google Accounts
May 03, 2023  |  Google

Google Account users can now sign in without a password. The tech giant began rolling out support for passkeys across Google Accounts on all major...

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PYMNTS Intelligence: How Fraud Damages P2P Payment Organizations
PYMNTS Intelligence: How Fraud Damages P2P Payment Organizations
May 02, 2023  |  Digital Payments

Fraud is a constant worry for companies of all types, driven by the sheer variety of different fraud methods that bad actors deploy. Man-in-the-middle attacks,...

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42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
May 02, 2023  |  Security & Fraud

Security is top-of-mind for consumers as data breaches swirl across the headlines. To that end, as found in the report “Consumer Behaviors and Perceived Security...

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Mastercard Unveils Standards to Verify Interactions Using Blockchain Networks
Mastercard Unveils Standards to Verify Interactions Using Blockchain Networks
April 28, 2023  |  Blockchain

Mastercard has unveiled standards and infrastructure that will help verify interactions using blockchain networks. The new Mastercard Crypto Credential is meant to ensure that financial...

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Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
April 26, 2023  |  Security & Fraud

Banks are at a critical juncture in an era of increasing digital threats and a smartphone-centric culture. PYMNTS’ latest research shows that smartphones are already...

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