identity verification

Entrust Enters Exclusive Discussions to Acquire Onfido
Entrust Enters Exclusive Discussions to Acquire Onfido
February 06, 2024  |  Acquisitions

Entrust has entered into exclusive discussions to acquire Onfido. This potential acquisition would add Onfido’s cloud-based, artificial intelligence (AI)-powered identity verification (IDV) technology to Entrust’s existing portfolio...

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Campuses Tap AI-Powered Checkout to Make Payments Invisible
Campuses Tap AI-Powered Checkout to Make Payments Invisible
January 29, 2024  |  Artificial Intelligence

From universities to hospitals, campuses with their own identity verification systems are using computer vision checkout to integrate payments more seamlessly into shoppers’ on-site routines....

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Mastercard Launches Service to Ease Adoption of Biometric Authentication
Mastercard Launches Service to Ease Adoption of Biometric Authentication
January 24, 2024  |  Biometrics

Mastercard has launched the Mastercard Biometric Authentication Service, a solution aimed at enhancing security and convenience for consumers. The service leverages biometrics, such as fingerprints,...

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Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
January 18, 2024  |  Authentication

With more consumers looking to find bargains on groceries, Costco is trying a new, more prohibitive membership verification process. The warehouse club giant is testing...

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Business Leaders Must Recognize Value of Multi-Lender Financing Programs
Business Leaders Must Recognize Value of Multi-Lender Financing Programs
January 09, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Instant Payments Speed Need for Fraud Prevention
Instant Payments Speed Need for Fraud Prevention
January 08, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Versatile Credit Enhances Fraud Screening With Prove Identity Integration
Versatile Credit Enhances Fraud Screening With Prove Identity Integration
December 19, 2023  |  Security & Fraud

Versatile Credit has integrated with Prove Identity to both enhance its fraud screening and streamline its customer onboarding experience. As a software provider connecting merchants, lenders and consumers...

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Scienaptic AI and SentiLink Enhance Fraud Detection Tool Partnership
Scienaptic AI and SentiLink Enhance Fraud Detection Tool Partnership
December 18, 2023  |  Artificial Intelligence

Scienaptic AI and SentiLink enhanced their product partnership to provide credit unions and lenders with artificial intelligence-powered fraud detection capabilities. The fraud detection tools will...

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40% of Bank Customers Still Don’t Trust Online Authentication When Making Purchases
40% of Bank Customers Still Don’t Trust Online Authentication When Making Purchases
December 15, 2023  |  Authentication

In today’s digital era, banking customers are asserting more control over their financial security and no longer relying solely on their banks to protect their...

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