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

Digital ID Aims to Simplify Brits’ Use of Public Services
Digital ID Aims to Simplify Brits’ Use of Public Services
January 10, 2023  |  Authentication

The United Kingdom is preparing legislation to help people prove their identity online. In a draft legislation to support identity verification published this month, the...

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UK and EU’s Payments and Crypto Regulation Divergence Set to Accelerate
UK and EU’s Payments and Crypto Regulation Divergence Set to Accelerate
December 30, 2022  |  Cryptocurrency

In 2023, the U.K. will accelerate its divergence from EU payment and crypto regulations. Meanwhile, the EU is moving ahead with its own policy agenda...

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Trusted ID Networks Offer Best Line of Defense Against Fraudsters
Trusted ID Networks Offer Best Line of Defense Against Fraudsters
December 28, 2022  |  Security & Fraud

Dynamic friction keeps the bad guys out, and trusted identity verification networks (ID networks) keep good customers transacting. Brad Wiskirchen, senior vice president and general...

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Digital-First Shoppers Top 2022 Retail Technology Trends
Digital-First Shoppers Top 2022 Retail Technology Trends
December 27, 2022  |  Retail

In 2022, trends in retail technology materialized or matured in a year that defied predictions. Confining our scope to just what happened in retail, PYMNTS...

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Biometrics and Passkey Adoption Seen Strengthening Payment Authentication Defenses
Biometrics and Passkey Adoption Seen Strengthening Payment Authentication Defenses
December 22, 2022  |  Authentication

Despite being the weakest link in cybersecurity, passwords remain the most common digital authentication method. It’s a challenge that Fast Identity Online (FIDO), a global...

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PYMNTS Intelligence: Better, Faster Digital Identification a Must-Have for Consumers, Regulators
PYMNTS Intelligence: Better, Faster Digital Identification a Must-Have for Consumers, Regulators
December 16, 2022  |  Digital Identity

Authorized push payment (APP) fraud, identity theft, synthetic account fraud and first-party misuse are all growing problems for many industries and countries. In the United...

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‘Trusted’ Data Sets Take Fraud Out of Online Onboarding Processes
‘Trusted’ Data Sets Take Fraud Out of Online Onboarding Processes
December 16, 2022  |  Digital Onboarding

When it comes to a user-friendly experience, online onboarding processes play a key role. Not only in keeping things flowing smoothly but also by providing...

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New SCA Rules to Reduce Friction in Open Banking Payments
New SCA Rules to Reduce Friction in Open Banking Payments
December 14, 2022  |  Bank Regulation

Changes to strong customer authentication (SCA) rules in Europe are aiming to reduce customer friction. In the EU, the European Banking Authority (EBA) has updated...

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Panini Debuts ID Verification Tool BioCred
Panini Debuts ID Verification Tool BioCred
December 05, 2022  |  Identity

Fraud prevention company Panini has debuted BioCred, its identity verification product. Unveiled Monday (Dec. 5) at the Future Branches conference in Austin, BioCred is designed...

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