Authorized push payment (APP) fraud, identity theft, synthetic account fraud and first-party misuse are all growing problems for many industries and countries. In the United Kingdom, financial loss from APP scams, which involve fraudsters deceiving individuals into sending payments to bank accounts that the fraudsters...
Digital authentication company Twilio said some employees and customers were victims of a hack, a Bloomberg report said Monday (Aug. 8). The hackers tricked employees into giving up their passwords. The report said attackers targeted Twilio employees with fake texts, which said the staffers’ password...
This week marked a historical milestone that many Americans probably missed in the course of trying to follow a news cycle that is always full, to say the least. This week, allegedly, an American citizen’s bank account was hacked. From space. The story, admittedly, is...
Thanks to the digital economy and its supporting technology, we can say we are in the “golden age” of this and that. The golden age of delivery and quick fulfillment. The golden age of product reviews and price comparisons. What about the golden age of...
February 10, 2023
Streamlined digital account opening is a must-have for all financial institutions (FIs). A critical step in that process is the login experience, for which customers increasingly require speed and security. The need for a seamless experience is crucial, as incorrect password attempts cause consumers to abandon their login sessions or even switch providers completely. Poor […]
August 26, 2019
This week marked a historical milestone that many Americans probably missed in the course of trying to follow a news cycle that is always full, to say the least. This...
July 02, 2019
Thanks to the digital economy and its supporting technology, we can say we are in the “golden age” of this and that. The golden age of delivery and quick fulfillment....
August 08, 2022
Digital authentication company Twilio said some employees and customers were victims of a hack, a Bloomberg report said Monday (Aug. 8). The hackers tricked employees into giving up their passwords. The report said attackers targeted Twilio employees with fake texts, which said the staffers’ password credentials had expired. The texts had links to websites which […]
April 26, 2017
IDology said Tuesday that it has launched two digital authentication solutions to boost consumer security during mobile transactions. The company said in a press release April 25 that its ExpectID Mobile Authentication...
March 04, 2016
Whether it’s on mobile or an online browser, users are switching their digital activities between channels more than ever before. But can authentication keep up? Paul Miller, CEO and cofounder...
October 06, 2015
Securing cards is no easy feat since it is a given that there is an innovative, evolving and increasingly professional legion of cybercriminals actively seeking to grab as much user...
