The pandemic’s push towards online learning not only accelerated the integration of online payment platforms and cashless transactions in higher education but also catalyzed the broader transformation of the connected campus. This shift has prompted colleges and universities to invest significantly in automation and advanced mobile systems,...
Identity verification company Intellicheck has rolled out enhancements for digital users of its identity platform. “Clients integrating the new Capture process can be up and running with no more than two simple web hooks,” the company said in a Thursday (Jan. 4) news release. “The new digital authentication experience...
Visa has teamed with biometrics firm TECH5 to help build “digital government ecosystems on a global scale.” The partnership will involve the two companies working to “implement digital ID-based payment infrastructure and services on a national level,” Visa CEMEA Head of Commercial and Money Movement Solutions Shahebaz Khan said in a...
Confirm launched a portable identity solution designed for use in online peer-to-peer marketplaces. The solution allows people to create a secure, verified digital ID called a ConfirmID that they can use to prove their identity online without sharing too much personal information, the company said...
As the payments ecosystem continues to evolve, it is missing just one key element. That element? A single source of truth in the form of a dynamic digital identity that can navigate multiple commerce contexts and support real-time interoperability. This, as the European Union (EU)...
As fraudsters grow more sophisticated, so too must the fraud defenses of eCommerce sites and other operators who sail the shark-infested waters of digital commerce. We explore aspects of the fraud fight in “Combating Online Fraud With Digital Identification,” a PYMNTS and Prove collaboration, and part...
Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, recently told PYMNTS that open banking can — and will — give rise to empowered consumers, and take the tedium out of online commerce. We’ve gone from an environment where one carried physical...
NatWest Group and OneID have partnered to launch a new digital ID service for businesses. The collaboration between the British banking and insurance company and the identity service provider has enabled NatWest Group to make its new Customer Attribute Sharing service available as an embedded...
Consumers do not like waiting to access their accounts. According to PYMNTS’ research, nearly half of consumers have concerns about waiting a long time during identification processes, demonstrating how customers want frictionless and streamlined experiences when logging in to their accounts. Advanced digital ID tools are gaining wider acceptance,...