Home Posts tagged "verification"
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Over 150 Biometric and 2FA Products Certified to Meet FIDO’s Interoperability Standard

In early April, the Fast Identity Online (FIDO) Alliance announced that they have now certified over 150 two-factor authentication and biometric products for replacing static passwords, an increase of 50 percent just in the last quarter. These products meet the group’s specifications under their published Universal Authentication Framework, with several major mobile handset manufacturers and

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MasterCard to Launch Identity Check App in 14 Countries this Summer, Bringing Biometrics to More Card Absent Transactions

MasterCard showcased their new Identity Check product at the Mobile World Congress in late February, announcing that after successful trials they will be rolling it out this summer in North America and across much of Europe. Identity Check is an application consumers will be able to download onto their mobile devices, tablets and PCs that

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Mitek Systems Acquires IDchecker for $10.6 Million

Mitek, who specializes in mobile onboarding and capturing solutions, announced they would be acquiring identity document verification provider IDchecker for $10.6 million. Mitek owns several patents related to mobile imaging technology used for mobile deposits and other applications for financial institutions but will now incorporate photo verification of identity and other documents following the acquisition

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Leveraging Identity Document Verification in the Mobile Channel

More and more consumers, as well as fraudsters, are browsing, buying and banking via their mobile devices. While this has benefited consumers with increased convenience it has also created new challenges for merchants, financial institutions and others that want to reach customers in the mobile channel, as they now must also manage new risks. In this feature article

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Common Pitfalls When Performing Identity Document Verification as a Fraud Prevention Technique

It is common to find risk management teams relying on legacy identity document verification practices, which limits their ability to take advantage of the opportunity to leverage new technology and techniques to verify modern identity documents.  Making use of new identity document features and services can help protect the organization and improve customer retention and

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New technology verifies device users by how they use the touchscreen

Researches at Georgia Tech have developed a security system that recognizes and distinguishes a mobile device user from other people based on patterns, pressure and speed when swiping and tapping touch screens. Successful implementation would provide extra protection against device theft and preventing access to banking, email and other apps or accounts. The new behavior-based

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3 Techniques you can Still Implement to Improve Fraud Detection this Holiday

It is that time of year again, the holidays are almost here, and merchants are finalizing their preparations for the holiday selling season. The holiday season not only brings increased traffic and sales volume, but also increased fraud attempts. Fraudsters know that organizations are often overwhelmed during the holiday rush and will try to get

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