biometrics

Face-Scanning Technology Becomes Focus of EU’s AI Act Negotiations 
Face-Scanning Technology Becomes Focus of EU’s AI Act Negotiations 
December 08, 2023  |  Artificial Intelligence

European Union (EU) negotiators are reportedly engaged in discussions to establish the most comprehensive regulation of artificial intelligence (AI) in the western world.  After a marathon...

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Why Lifecycle Management Matters When Fighting Payments Fraud
Why Lifecycle Management Matters When Fighting Payments Fraud
December 07, 2023  |  Security & Fraud

Brian Holbrook, director of product strategy at LSEG Risk Intelligence, told PYMNTS in an interview that financial institutions (FIs) are going to have to gird...

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Experian and NeuroID Team to Fight Fraud Amid Surge in Sophisticated Financial Crime
Experian and NeuroID Team to Fight Fraud Amid Surge in Sophisticated Financial Crime
December 05, 2023  |  Fraud Prevention

In a bid to tackle the rising threat of fraud, global information services company Experian has partnered with behavioral analytics firm NeuroID to enhance its...

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Consumers Embrace Facial Biometrics as Lawmakers Raise Fresh Privacy Concerns
Consumers Embrace Facial Biometrics as Lawmakers Raise Fresh Privacy Concerns
December 04, 2023  |  Biometrics

As biometric authentication, and notably facial recognition technology, continues its rapid advancement, heightened concerns about privacy and ethical implications have reignited global discourse.  This conversation...

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FortressPay Launches Enterprise-Ready Biometric Payment Platform
FortressPay Launches Enterprise-Ready Biometric Payment Platform
December 01, 2023  |  Biometrics

FortressPay launched an enterprise-ready biometric payment platform. With its new Payment Identity platform, FortressPay aims to provide a frictionless customer experience while eliminating payment fraud,...

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Non-Retail Firms Launch Biometric Tools Amid Consumer Interest
Non-Retail Firms Launch Biometric Tools Amid Consumer Interest
December 01, 2023  |  Biometrics

Biometric authentication methods have expanded into multiple applications in recent years, from online payments to mobile devices to banking transactions or facial identification for security....

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Millennials Want Payments Security in Their Retail Subscriptions
Millennials Want Payments Security in Their Retail Subscriptions
December 01, 2023  |  Subscriptions

Younger consumers have spent their formative years online, and they’re inclined to share details and information about themselves across digital channels. That comprises personal information...

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Nearly 40% of Millennials Want More Visible Security Measures for Routine Transactions
Nearly 40% of Millennials Want More Visible Security Measures for Routine Transactions
December 01, 2023  |  Safety and Security

In today’s digital age, security is a top concern for consumers, especially when it comes to financial transactions, regardless of their frequency — be it...

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Amazon Debuts Palm-Based ID Service Amazon One Enterprise
Amazon Debuts Palm-Based ID Service Amazon One Enterprise
November 28, 2023  |  Biometrics

Amazon is bringing its palm-based identity service to the world of corporate security. Amazon Web Services (AWS) announced Monday (Nov. 27) the debut of Amazon One Enterprise, a...

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