biometrics

Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
Gen Z Consumers Give Banks Less Than a Passing Grade on Bank Authentication
May 26, 2023  |  Security & Fraud

When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade...

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Generative AI Fabrications Are Already Spreading Misinformation
Generative AI Fabrications Are Already Spreading Misinformation
May 23, 2023  |  Artificial Intelligence

As buzz around generative artificial intelligence (AI) grows, critics have called for more guardrails. Observers are particularly worried about the potentially harmful effects of the landmark technology’s ability...

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Amazon One Pay-by-Palm Technology Adds Age Verification
Amazon One Pay-by-Palm Technology Adds Age Verification
May 22, 2023  |  Amazon

Amazon has added age verification to its pay-by-palm technology. With this expansion of the capabilities of Amazon One, customers will be able to buy alcohol...

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FTC: Biometric Surveillance Could Threaten Civil Rights
FTC: Biometric Surveillance Could Threaten Civil Rights
May 18, 2023  |  Biometrics

The FTC says increased use of biometrics raises “significant” concerns about security, privacy and discrimination. In a policy statement published Thursday (May 18), the Federal Trade Commission...

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J.P. Morgan Payments’ Georgakopoulos: Internet of Things and Embedded Finance Forge New Commerce Ecosystems  
J.P. Morgan Payments’ Georgakopoulos: Internet of Things and Embedded Finance Forge New Commerce Ecosystems  
May 10, 2023  |  Connected Economy

No one wakes up, grabs their phone and declares, I’m going to go omnichannel shopping today. But here we are, three years after the pandemic...

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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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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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Meta Vows to Fight as FTC Proposes New Privacy-Related Restrictions
Meta Vows to Fight as FTC Proposes New Privacy-Related Restrictions
May 03, 2023  |  Regulation

The Federal Trade Commission (FTC) has proposed several restrictions on Meta. Saying the firm has violated a 2020 privacy order issued when it was still...

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Fraud Detection Firm BioCatch Adds Permira to Investors List
Fraud Detection Firm BioCatch Adds Permira to Investors List
May 03, 2023  |  Security & Fraud

BioCatch says investment firm Permira has acquired a “significant” stake in its fraud detection company. The company, which has offices in New York and Tel...

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