Identity RSS

biometric, Biometrics, Daily news, Fraud & Security, Identity, Mobile Banking, one-time passcode (OTP) -

New reveals that despite universal consumer advice that one password for all financial accounts is equivalent to leaving the front door open, only 40% of UK consumers have separate passwords... more

The post Digital banking study: Biometrics have the last password appeared first on Payments Cards & Mobile.

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AI, Artificial Intelligence (AI), Cyber Crime, Cyber Security, Daily news, Fraud, Fraud & Security, Identity, Machine Learning (ML), ML, Risk & Compliance -

Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... more

The post Rule of the machines: can AI and ML really help fight fraud? appeared first on Payments Cards & Mobile.

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Cyber Security, Daily news, Digital Identity, Fraud & Security, GDPR, Identity, personally identifiable information (PII) -

Since the beginning of lockdown measures in late March, digital services have been the only recourse for consumers needing to prove their identity in order to access services, whether that... more

The post UK consumers confirm shift towards digital identity to be permanent appeared first on Payments Cards & Mobile.

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BitPay, Blockchain.com, Brave, Contracts, Cyber Security, Daily news, Flutterwave, GoPay, Identity, Mercy Corps, Mobile Remittance, PayID, Remittance, Ripple, Risk & Compliance, universal ID -

A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... more

The post Multinational industry alliance launch PayID – universal ID for payments appeared first on Payments Cards & Mobile.

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Account takeover, ATO (Account Take Over), Cyber Security, Daily news, Fraud & Security, Identity, One-Time Passcodes (OTP) -

The latest data to emerge on rising ATO (Account Take Over) fraud in the US should be of real concern to anyone engaged in online commerce. In its 2020 E-Commerce... more

The post New data on account takeover is concerning – industry needs to take action appeared first on Payments Cards & Mobile.

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