Mfa news and trends

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

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 the go-to device for online financial activities for most consumers, particularly younger generations. Couple this shift with consumers’ desire for...

An Industry Insider on Balancing Security With Seamlessness
Credit Unions // February 24, 2023

58% of FIs reported a rise in the cost of fraudulent transactions in 2022, which is why Seth Ruden of First Tech Federal Credit Union says “targeted friction” is essential to fighting fraud without compromising the user experience.

Call Centers Become Prime Target for Identity Fraud
Security & Fraud // January 03, 2023

Retail call centers are the front line of consumer queries and the favorite new target for identity fraud. Daniel Flowe, head of identity strategy at Refinitiv, told PYMNTS that while the majority of consumers still want — and like — to speak to a human,...

Finding the Utility in Authentication Friction
Digital Identity // November 04, 2022

An interview with Lenny Gusel, former head of cybersecurity solutions at J.P. Morgan and fraud strategy executive at Bank of America, about the implications and effective implementation of advanced payments authentication — Cross-platform ubiquity  Plans to implement passkey sign-in across platforms by Google, Microsoft and...

Interviews & Exclusives
Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents

April 26, 2023
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 the go-to device for online financial activities for most consumers, particularly younger generations. Couple this shift with consumers’ desire for increased control of safeguarding their financial information, and it is […]

Call Centers Become Prime Target for Identity Fraud

January 03, 2023
Retail call centers are the front line of consumer queries and the favorite new target for identity fraud. Daniel Flowe, head of identity strategy at Refinitiv, told PYMNTS that while...