Speaking at a recent cybersecurity conference, Microsoft’s Sangeeta Ranjit presented some disturbing statistics. “In the last year alone, we saw password attacks almost double at Microsoft — over 7,000 per second,” said Ranjt, whose comments were reported Tuesday (Oct. 15) by the website Biometric Update. “This includes a 58%...
Among the meteoric rise of payments innovation, tokenization’s widening adoption has been among the most notable. It’s been around for more than a decade, but even today — with explosive growth — most financial executives probably don’t know as much as they should about what...
In the 21st-century financial services sector, security is paramount, and threats abound. As sophisticated cyber threats, from deepfakes to cloud vulnerabilities, spread from every corner of the globe, experts debate the best form of authentication. Adam Lowe, Ph.D., chief product and innovation officer at CompoSecure/Arculus,...
As the Major League Baseball (MLB) postseason kicks off this week, the league hopes to expand its facial recognition entry program known as Go-Ahead Entry. “Go-Ahead Entry is a completely optional, fast and easy, hands-free, free-flow entry experience, where fans don’t need to stop or...
October 22, 2024
You can’t get to what’s next in payments without getting to what’s next in identity. That’s according to Mary Ann Miller, vice president of client experience at Prove Identity, who told PYMNTS for the series “What’s Next in Payments: Embedded Everything: Priority One for Financial Services in 2025” that businesses are realizing the real innovation […]
October 10, 2024
Among the meteoric rise of payments innovation, tokenization’s widening adoption has been among the most notable. It’s been around for more than a decade, but even today — with explosive...
October 07, 2024
In the 21st-century financial services sector, security is paramount, and threats abound. As sophisticated cyber threats, from deepfakes to cloud vulnerabilities, spread from every corner of the globe, experts debate...
September 24, 2024
Banks and financial institutions (FIs) face challenges in balancing the convenience of digital banking with the need for robust security measures. Economic impacts from fraud have forced these institutions to...
October 16, 2024
Speaking at a recent cybersecurity conference, Microsoft’s Sangeeta Ranjit presented some disturbing statistics. “In the last year alone, we saw password attacks almost double at Microsoft — over 7,000 per second,” said Ranjt, whose comments were reported Tuesday (Oct. 15) by the website Biometric Update. “This includes a 58% increase in phishing attempts.” By 2027, the global cost of cybercrime […]
September 03, 2024
The Democratic Republic of the Congo has reportedly canceled what would have been one of the most expensive digital identity projects ever executed. The country canceled the $1.2 billion project amid...
August 29, 2024
Mastercard chose India for the launch of its Payment Passkey Service. The online checkout security measure comes as India is dealing with a surge in fraud cases, according to a...
August 20, 2024
India’s Airtel Payments Bank has added a biometric verification solution called Face Match to enhance the security of customer accounts. This solution uses facial recognition and liveliness checks to verify...
