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UK merchants warned to get ready for imminent SCA

/regulation

UK merchants warned to get ready for imminent SCA

With the UK finally set to officially enforce Strong Customer Authentication (SCA) rules, vendor Forter is warning merchants that issuing banks are already issuing soft declines on transactions which have not been sent to 3DS and are not flagged as either exempt or out of scope.

TSB overhauls onboarding with Onfido’s biometric facial recognition

/identity

TSB overhauls onboarding with Onfido’s biometric facial recognition

TSB has shaved 20 minutes off its onboarding journey to allow accounts to be opened in just 10 minutes. Further, mobile functionality has been updated so only eight scrolls are needed to sign up on a mobile device, compared to 60 scrolls on the website.

/security

iOS users pass facial biometric checks faster than applicants on Windows

Sumsub, an online verification platform that onboards tens of millions of users annually, is sharing data insights from its research on facial biometric checks.

/identity

Trulioo appoints Ramsbacker as CPO to advance digital identity strategy

Trulioo, the leading global identity verification company, today announced the appointment of Michael Ramsbacker as its first Chief Product Officer. A veteran product management leader, Ramsbacker has over 20 years of experience in the strategic execution of product strategies, particularly in the B2B technology industry. Ramsbacker will oversee the launch of new digital identity verification solutions via Trulioo GlobalGateway, the world’s largest network of identity data and services.

Will banks use digital security as a post-pandemic differentiator?

/Authentication

Will banks use digital security as a post-pandemic differentiator?

376 downloads

iDenfy launches new phone verification service

/identity

iDenfy launches new phone verification service

Identity verification service company in Europe, iDenfy, has launched an enhanced version of phone verification.

The Reinvention of Card Payments

/Authentication

The Reinvention of Card Payments

1208 downloads

/security

South African payment security outfit Entersekt score investment from Accel-KKR

Entersekt, a global payment security company headquartered in Cape Town, today announced a strategic investment from Accel-KKR, a leading technology-focused private equity firm. The investment will enable Entersekt to accelerate its roadmap and fuel expansion into new markets.

Israeli fintech Tipalti sees valuation exceed $8bn

/payments

Israeli fintech Tipalti sees valuation exceed $8bn

Tipalti, a provider of AI-powered commercial payments and accounting services, has completed a series F funding round that has seen its valuation reach $8.3 billion.

Future-Ready Payments Solutions: Remaining competitive with reusable technology

/Authentication

Future-Ready Payments Solutions: Remaining competitive with reusable technology

788 downloads

BofA launches Account Validation service

/security

BofA launches Account Validation service

Bank of America has rolled out a fraud prevention service for corporate and public sector clients making payments in the US.

VisionLabs unveils facial recognition payment terminal

/payments

VisionLabs unveils facial recognition payment terminal

Facial recognition company VisionLabs has unveiled a payments terminal that lets shoppers make payments with a look.

/people

Big xyt hires new head of business development for Continental Europe

big xyt, the independent provider of smart data and analytics solutions to the global trading and investment community, is pleased to announce that Gilles Meyruey has joined their executive team as Head of Business Development (Continental Europe).

/identity

iDenfy to provide identity verification services to DoFinance

A Lithuanian company iDenfy will now provide their identity verification services to a European P2P investment platform DoFinance.

/devops

Cloud security solution provider ThycoticCentrify enhances devops offering

ThycoticCentrify, a leading provider of cloud identity security solutions formed by the merger of privileged access management (PAM) leaders Thycotic and Centrify, today announced enhancements to its PAM solution for DevOps, Thycotic DevOps Secrets Vault. The latest version offers certificate-based authentication and the ability to configure Time-to-Live (TTL) for secrets, leading to even tighter DevOps security and easier management.

/identity

Monneo partners with iDenfy

Monneo, a virtual IBAN and eCommerce bank account provider, has announced its partnership with iDenfy, a global identity verification service.

/crime

Smartsearch launches document verification system to combat money laundering

Leading UK anti-money laundering specialist SmartSearch has launched a new weapon in the ongoing fight against dirty cash being cleaned around the world through activity such as buying property.

/security

FFIEC presses banks on authentication

The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today issued guidance that provides financial institutions with examples of effective authentication and access risk management principles and practices for customers, employees, and third parties accessing digital banking services and information systems.

/regulation

Refinitiv completes Epic platform integration

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, today announced that the EPIC Platform from GIACT and World-Check are now together and accessible via a single API.

/identity

Trulioo reports deal wins; preps hiring spree

Trulioo, the leading global identity verification company, today announced new partnerships with four major European payment providers: PayDo, Pollen Technologies, Sokin and XanderPay.

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