Entersekt

60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
June 09, 2023  |  Security & Fraud

Companies have had to ensure the validity of customers interacting with them — while also providing a frictionless experience — since the very dawn of...

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Delegated Authentication Helps Speed the Shift to Passwordless Future 
Delegated Authentication Helps Speed the Shift to Passwordless Future 
June 02, 2023  |  Authentication

In a world where online commerce continues its inexorable rise, authentication and transaction processes have become more critical than ever. Delegated authentication has the potential...

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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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Bank’s Best Customers Now Willing to Trade Convenience for Security
Bank’s Best Customers Now Willing to Trade Convenience for Security
May 26, 2023  |  Security & Fraud

Fueled by rising digital threats, security stands top of mind for retail banking customers. Nearly 7 in 10 worry about their personal and financial data...

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42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
May 02, 2023  |  Security & Fraud

Security is top-of-mind for consumers as data breaches swirl across the headlines. To that end, as found in the report “Consumer Behaviors and Perceived Security...

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Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
April 26, 2023  |  Security & Fraud

Banks are at a critical juncture in an era of increasing digital threats and a smartphone-centric culture. PYMNTS’ latest research shows that smartphones are already...

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What Experts Say It Takes to Stem the $49 Billion Rising Tide of Card-Not-Present Fraud
What Experts Say It Takes to Stem the $49 Billion Rising Tide of Card-Not-Present Fraud
April 25, 2023  |  Security & Fraud

The physicality of face-to-face commerce has put a huge dent in fraud. Or at least some types of fraud. EMV chips have made it hard...

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Multifactor Authentication May Be Bridge Between Biometrics, Passwords
Multifactor Authentication May Be Bridge Between Biometrics, Passwords
April 24, 2023  |  Authentication

Until more advanced security goes mainstream, an already accepted method may fill the gap.  Consumers are more security-savvy than ever, especially when it comes to fraud prevention...

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Open Banking and Machine Learning Aid the Battle Against False Declines
Open Banking and Machine Learning Aid the Battle Against False Declines
April 12, 2023  |  Digital Banking

Elizabeth Graham, product manager at Entersekt, said false declines carry significant risks for banks and merchants, where consumer loyalty is critical. Merchants and issuers are losing...

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