Multi Factor Authentication news and trends

MultiFactor Authentication Meets Passkeys To Address eCommerce Usability Concerns
Authentication // June 18, 2024

When it comes to payments and digital commerce, proper security is a necessity. And with the news that Amazon Web Services (AWS) is pushing ahead with making multi-factor authentication (MFA) mandatory for certain users, striking a productive and seamless balance between user experience and security is...

Browser ID and ‘Silent Authentication’ Underpin Online Banking Security
Authentication // May 30, 2024

With so much focus placed on mobile banking and digital wallets, online transactions are often lost in the mix. While mobile devices have become ubiquitous, conducting transactions via desktop browsers is still an essential channel. And with the move online comes a different variety of...

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,...

Multi-Factor Authentication Makes QSRs Promotions, Discounts Fraud-Free
Security & Fraud // June 14, 2021

In keeping with the adage that “no good deed goes unpunished,“ it turns out that those popular promotions and discounts that restaurants use to reward existing customers and attract new ones are also a favorite venue for fraud. In a recent conversation with PYMNTS, Vikram Dhawan,...

Interviews & Exclusives
Browser ID and ‘Silent Authentication’ Underpin Online Banking Security

May 30, 2024
With so much focus placed on mobile banking and digital wallets, online transactions are often lost in the mix. While mobile devices have become ubiquitous, conducting transactions via desktop browsers is still an essential channel. And with the move online comes a different variety of fraud and identity theft. Browser-based authentication presents unique challenges, particularly […]

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...

Multi-Factor Authentication Makes QSRs Promotions, Discounts Fraud-Free

June 14, 2021
In keeping with the adage that “no good deed goes unpunished,“ it turns out that those popular promotions and discounts that restaurants use to reward existing customers and attract new ones...

Remote Work Challenges FIs To Rethink Data Security

May 28, 2021
The past year saw an explosion in the number of employees working from home, and many are expected to remain there. Seventy-four percent of chief financial officers expect some of...

Quick Reads
Lawsky Pressures Banks To Adopt Multifactor Authentication

June 03, 2016
“We live in a world where each day we are surprised by something new when it comes to the sophistication and the capabilities of hackers,” Benjamin Lawsky, banking and cybersecurity expert, told CNBC on Wednesday (June 1) during an interview for its “Power Lunch” program. Lawsky, the former superintendent of financial services for the state […]

mSIGNIA Secures Digital Biometrics Patent

May 03, 2016
Digital biometric technology and authentication provider mSIGNIA announced on Monday (May 2) that it was issued U.S. Patent 9,294,448 covering digital biometric technology by the United States Patent and Trademark...

An eBay First: FIDO’s eCom Certification

March 30, 2016
EBay is opening up, as it were, to the Fast IDentity Online (FIDO) Alliance — marking a first for any eCommerce company. The online marketplace announced yesterday (March 29) that it...

Multichannel Authentication Goes Invisible

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...