Authentication

294 articles tagged with this keyword

/identity

Are passkeys the future of payment authentication?

As the internet has developed, many of us have become reliant on a varying amount of passwords but our dependence on passwords has given way to just as many security risks. As such, the industry is beginning to turn to passkeys as a new promise of security and ease.

/identity

AI power centres are fresh targets for hackers - Experian

Experian’s 12th annual Data Breach Industry Forecast includes five 2025 predictions for 2025 that show that global data breaches show no signs of slowing down.

/crime

5 most common fraud methods in 2024, according to AIB

‘Smishing’ accounts for 94% of all fraud cases from January to October this year.

/ai

NextGen: AI: How the intelligence revolution is driving what AI can do for banking

At NextGen: AI 2024 taking place for the first time in London, Dr Joe Lyske, co-founder and managing partner of Time Machine Capital², presented the keynote, ‘What can we do with AI?’

/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

/security

Fintech Australia backs government's scam prevention plan

The industry group for Australia's startup sector, Fintech Australia, has given its support for the government's proposals to implement scam obligations for financial services firms.

/crime

Big tech and banks fall out over compensation for fraud victims

A war of words has broken out between banks and big tech firms over who should be primarily responsible for reimbursing victims of fraud.

/ai

Firms struggling to find RoI for AI projects

More than half of the companies investing in artificial intelligence (AI) projects have been unable to extract any tangible benefit, according to recently published research.

/ai

Finextra launches NextGen:AI, a new event defining AI's future in financial services

Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.

/regulation

Australia passes Digital ID Bill

The Australian Government has passed the Digital ID Bill 2024 and Digital ID (Transitional and Consequential Provisions) Bill 2024.

/retail

Bank of Ireland to equip call centres with single customer view and voice biometrics

Bank of Ireland is spending €34 million to overhaul its call centre operations, providing operators with a single customer view and introducing voice biometrics for added security.

/payments

NextGen Nordics 2024: A closer look at Confirmation of Payee

Moderating her last panel of the day, Finextra’s head of content Madhvi Mavadiya discussed Confirmation of Payee (COP) with Christina Fransson, senior payment product specialist of FIS in EMEA, Greg Huguet, European regional director at iPiD, Paulina Kudlacik, Confirmation of Payee scheme manager at the Nordic Payments Council, and Richard Ross, global payment market infrastructure expert at Swift.

/identity

NextGen Nordics 2024: Can behavioural biometrics fix fraud?

Moderating her second panel of the day - Fraud prevention and AML: the need for behavioural biometrics in this instant age - Finextra’s senior reporter Niamh Curran spoke to Megan Heald, senior project manager at NICE Actimize, John Sam-Kubam, senior vice president at Crown Agents Bank, Beju Shah, head of Nordic centre at the Bank of International Settlements, and Robert Woods, director international market planning and financial services SME at LexisNexis® Risk Solutions.

/markets

NextGen Nordics 2024: NPC promoting innovation and harmonisation in the Nordics

NextGen Nordics, Finextra’s annual payments event, kicked off on April 23 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry.

/crime

Lloyds warns against fraudsters on Booking.com and Airbnb

With summer holidays on the horizon, Lloyds Bank is cautioning customers against scams as they book their vacations.

/security

Bank of Ireland blames latest glitch on "technical issue"

Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.

/regulation

US and UK sign agreement to regulate AI models

The governments of the UK and US have signed what they claim is the first international bilateral agreement to regulate the risks of artificial intelligence (AI) models.

/security

Banks told to expand risk management to cover AI

A report from the US Treasury has called on banks to bolster their risk management frameworks in order to avoid being overwhelmed by AI-powered fraudsters and cybercriminals.

/crypto

Worldcoin banned in Portugal over privacy concerns

Worldcoin, the crypto biometric project fronted by OpenAI boss Sam Altman, has been temporarily banned in Portugal over data privacy concerns.

/startups

UK fintech to be elevated to 'ubiquitech' with Smart Data Roadmap, new report reveals

Chair of the Ubiquitech Group Dr. Ruth Wandhöfer has released a report offering practical recommendations for bolstering a digital economy that builds trust, provides access to sustainable infrastructure and secure data highways, and accelerates digital inclusion and education.