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Entrust has introduced an authentication solution consolidating identity verification (IDV) and identity and access management (IAM) into a single platform.
online authentication, identity verification, cybersecurity, deep fake, phishing
Cyprus-based provider of trust services Fidesta has implemented iDenfy’s ID, AML, phone, and address verification solutions for an improved customer experience.
identity verification, regtech, digital onboarding, AML, KYC, compliance
Identity proofing and passwordless authentication company 1Kosmos has announced the expansion of its offering with the launch of a Credential Service Provider (CSP) managed solution.
identity verification, identity fraud, digital identity, digital verification, multi-factor authentication
The travel industry is undergoing a digital revolution, with digital identity wallets playing a key role in simplifying the journey for passengers. Annet Steenbergen from the EU Digital Wallet Consortium (EWC) delves into the potential of these wallets.
digital identity, digital wallet, payment processing, data privacy, travel payments
acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, fintech
US-based payment technology corporation Mastercard has announced the launch of Scam Protect, a suite of AI-enabled solutions that aim to prevent scams and fraud.
fraud detection, fraud prevention, fraud management, scam, product launch, partnership
US-based fintech PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations to enable Pay-by-Palm for cardholders.
payment methods, digital wallet, contactless payments, credit card, financial institutions
Mastercard has announced the launch of its mobile virtual card application in order to simplify and make travel and business expenses more secure.
product launch, payments , mobile payments, digital payments, online payments, ecommerce
Australia-based fintech Waave has introduced ‘Wallet’ to house its Pay by Bank product, a real-time account-to-account payment method with biometric security access.
Open Banking, account-to-account payment, biometrics, payment methods, fraud prevention
Ray Shinzawa, Managing Director at JCB International (Europe), discusses how merchants can adopt technological advances to offer frictionless payments and address security concerns.
payments , credit card, merchants, digitalisation, contactless payments, mobile payments, e-wallet, digital wallet, tokenization, biometric authentication, 3-D Secure, compliance, customer experience
Lithuania-based fintech Paysera has integrated Apple Pay into its payment solution, augmenting payment acceptance for merchants.
payment methods, fintech, ecommerce, mobile payments, biometrics
US-based customer engagement, billing, and payments company Everyware has announced the launch of its Identity Verification Solutions suite aimed at mitigating payment fraud.
identity verification, fraud management, identity fraud, payments , online payments, online fraud, digital verification
Travel technology company Amadeus has completed the acquisition of provider of biometric solutions Vision-Box.
travel payments, acquisition, biometrics, merger
As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.
KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy
Bangladesh-based Mutual Trust Bank (MTB) has announced its plans to launch biometric payment cards based on IDEX Pay, IDEX Biometrics’ solution.
biometrics, biometric authentication, credit card, debit card, product launch, payments
Samsung Pay, a South Korea-based payment service, has announced its decision to stop working with Russia’s national Mir payment cards starting April 3 2024.
regulation, payments , online payments, mobile payments, digital payments, ecommerce
Portugal’s data regulator CNPD has ordered Worldcoin to stop collecting biometric data for 90 days, as the company raised privacy concerns in multiple countries.
compliance, regulation, data, data breaches, data privacy, fraud management, fraud detection, identity fraud
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
Alisdair Faulkner, CEO at Darwinium, discusses the change in the threat landscape and what payments professionals need to know to efficiently fight fraud.
fraud management, fraud detection, online fraud, identity fraud, cybercrime, cybersecurity, behavioural biometrics, biometrics, biometric authentication, deep fake, artificial intelligence, transactions , transaction fraud, generative AI, APP fraud
US-based Darwinium has added behavioural Identification to its security and fraud prevention solution with digital signature for devices and behavioural biometric.
biometrics, identity verification, behavioural biometrics, fraud prevention, data privacy