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

Banks Balance Customer Convenience and Security With ‘Intelligent Friction’
Banks Balance Customer Convenience and Security With ‘Intelligent Friction’
June 28, 2022  |  Authentication

Intelligent friction is among the holy grails of commerce in general, and for financial services firms in particular. As a trio of payments executives told...

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Spike in BNPL Fraud Prompts Cybersecurity ‘Arms Race’
Spike in BNPL Fraud Prompts Cybersecurity ‘Arms Race’
June 24, 2022  |  Security & Fraud

Paper checks, credit cards, bank accounts — all have been favored targets of fraudsters over the years. Enter buy now, pay later (BNPL), the latest...

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Volt Intros Account Verification Services in UK, Europe
Volt Intros Account Verification Services in UK, Europe
June 23, 2022  |  Authentication

Real-time payments and open banking startup Volt is introducing a bank account authentication service for online merchants and businesses, according to a press release Thursday...

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PYMNTS AM Radar: Apple Goes Rogue; Real-Time Resistance; Passwordless Future; Crypto No Go; ICYMI
PYMNTS AM Radar: Apple Goes Rogue; Real-Time Resistance; Passwordless Future; Crypto No Go; ICYMI
June 09, 2022  |  Digital Payments

Today is Thursday, June 9, and gas prices are still rising as package sizes are shrinking, along with some sandwich sizes at popular quick-serve restaurants....

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Moving the Passwordless Future to the Here and Now
Moving the Passwordless Future to the Here and Now
June 09, 2022  |  Authentication

Even amid the great digital shift, some things haven’t changed. “Many people still love to hate passwords, and still have to wait for authentication requests...

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Consumers Warming to Biometrics, Still Worry About Fraud
Consumers Warming to Biometrics, Still Worry About Fraud
June 07, 2022  |  Authentication

Around the world, companies are rolling out innovations designed to authenticate identities, replacing cumbersome methods involving usernames, passwords and paper-based ID. Biometrics like facial recognition,...

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Today in Data: Banking Customers Pick Security Over Convenience
Today in Data: Banking Customers Pick Security Over Convenience
June 03, 2022  |  Today In Data

Today in data, a majority of digital banking customers in the U.S. say they value security more than convenience. Data 282%: Rise in account takeover...

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PYMNTS Intelligence: Leveraging Behavioral Analytics To Counter Identity Fraud
PYMNTS Intelligence: Leveraging Behavioral Analytics To Counter Identity Fraud
June 02, 2022  |  Authentication

The pandemic has altered day-to-day life in countless ways, driving a digital shift in banking, commerce and countless other services. For the first time, eCommerce...

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REPORT: Two-Thirds of US Digital Banking Customers Choose Security Over Convenience
REPORT: Two-Thirds of US Digital Banking Customers Choose Security Over Convenience
June 02, 2022  |  Authentication

As life becomes more digitally connected, consumers increasingly expect that all online transactions will be highly secure, simple and convenient. This standard is especially strong...

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