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

Behavioral Analytics Helps FIs Spot Fraudsters Posing as Legitimate Businesses
Behavioral Analytics Helps FIs Spot Fraudsters Posing as Legitimate Businesses
February 22, 2022  |  Authentication

Identity fraud is one of the most well-known forms of cybercrime, with 15 million Americans experiencing it each year. Still, there is an even more...

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61% of Consumers Are Willing to Use Anything but a Password to Access Online Accounts
61% of Consumers Are Willing to Use Anything but a Password to Access Online Accounts
February 21, 2022  |  Authentication

Username and password combinations remain the authentication method most commonly used by consumers to access digital financial services accounts.  In fact, 64% of consumers still...

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Meta’s Facial Recognition Lawsuit May Intensify Privacy Law Discussion 
Meta’s Facial Recognition Lawsuit May Intensify Privacy Law Discussion 
February 16, 2022  |  Meta

There was a time when online platforms “moved fast, broke rules,” and were rewarded with massive consumer (and financial) growth while encountering limited regulatory pushback,...

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Behavioral Analytics Turn the Tables on Fake Accounts
Behavioral Analytics Turn the Tables on Fake Accounts
February 16, 2022  |  Digital Identity

You would think that decades into life lived online, we would have figured out an easier, more accurate way to authenticate someone. For brands —...

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56% of Businesses Are Concerned About Cross-Border Payments Fraud
56% of Businesses Are Concerned About Cross-Border Payments Fraud
February 15, 2022  |  B2B Payments

In the global marketplace, successful payments decision makers have learned to connect the dots between optimizing their enterprise’s resources and ensuring that consumer and B2B...

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New UK Rules May Require Additional Authentication Measures From Consumers
New UK Rules May Require Additional Authentication Measures From Consumers
February 14, 2022  |  Authentication

After more than a year delay, stricter know your customer (KYC) eCommerce rules are set to take effect in the United Kingdom March 14. The...

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Had It With Passwords? Two-Thirds of Consumers Are Done With Antiquated Authentication
Had It With Passwords? Two-Thirds of Consumers Are Done With Antiquated Authentication
February 14, 2022  |  Authentication

The increased global penetra­tion of mobile devices has transformed how consumers transact with their preferred financial institutions (FIs), merchants and service providers. As consumers’ lives...

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PYMNTS Intelligence: Behavioral Analytics’ Role In Multilayered Fraud Defense Systems
PYMNTS Intelligence: Behavioral Analytics’ Role In Multilayered Fraud Defense Systems
February 11, 2022  |  Authentication

A recent PYMNTS study found that 11% of credit and debit card users experienced some form of fraud in 2021, as did more than 5% of consumers using social...

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PYMNTS Intelligence: Keeping Cryptocurrency Payments Safe From Identity Fraud
PYMNTS Intelligence: Keeping Cryptocurrency Payments Safe From Identity Fraud
February 01, 2022  |  Cryptocurrency

Cryptocurrency is one of the fastest-moving trends in the financial industry, with more than 6,000 different currencies on the market and a global projected value...

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