A bipartisan bill looks to take some initial steps toward creating nationwide digital identity standards that can address a range of security issues, including theft and fraud stemming from data breaches. The legislation is backed by the Better Identity Coalition.
Customers expect a fully digital account opening process - available online and on mobile. Banks, credit unions, and other financial institutions (FIs) need to offer customer-centric, mobile-first account opening and customer agreement experiences to convert customers and drive growth.
This white paper provides...
Digital identity will be a dominant technology trend over the next decade, within the financial services industry, and more broadly in our digital economies. But banks can't take their prime position in digital identity for granted. Even in countries where banks have already driven the digital identity agenda,...
The new work reality has created a change in how information is accessed and used, and attackers are targeting remote users with increasing frequency and efficiency. This has brought on a new shift in the IT paradigm which requires identity to act as the central control point in defining an enterprise security...
To help prevent payments-related fraud, better identity verification of merchants and consumers is needed, says Alastair Johnson of Nuggets, a payments and identity management company.
The emerging cloud-delivered service model known as security access service edge, or SASE, is designed to help simplify security for remote access, says Sean Duca of Palo Alto Networks, who explains how the model works.
Which entities will be custodians of our identities? David Birch of Consult Hyperion discusses why banks could be likely candidates for this emerging role.
Ramping up authentication as e-commerce continues to grow requires achieving a delicate balance of a frictionless, yet secure, consumer experience, says Robert Capps of NuData Security, a unit of Mastercard.
Joni Brennan, president of the Digital ID & Authentication Council of Canada (DIACC), says identity management is a core component to building a solid foundation for a socioeconomic safety net, particularly during a pandemic. However, engagement and education are also vital components to establishing a strong...
Implementing trusted digital IDs will create benefits for end users as well as service providers, says Nick Mothershaw, chair and executive director at the Open Identity Exchange. But widespread international adoption of such IDs will take time to achieve, he acknowledges.
A Russian national charged in connection with co-creating the Infraud Organization's online cybercrime forum that sold stolen payment card data and was tied to $530 million in fraud losses has pleaded guilty.
Addressing digital payment security challenges requires having good identity verification capabilities as well as a strong authentication process that's friction-free for consumers, says Singapore-based Gautam Aggarwal, senior vice president and regional chief technology officer, Asia Pacific, at Mastercard.
A robust customer identity and access management strategy is critical to digital success for today's financial institutions. Eugenio Pace of Auth0 and Paul Bedi of IDMWORKS discuss CIAM in the age of the remote worker.
Jeremy Grant has spent more than two decades championing the cause of secure digital identities. But as the COVID-19 pandemic has created a remote workforce of unprecedented scale seemingly overnight, are current approaches to securing the identity management and attestation practice up to the challenge?
Over the course of three days, ISMG and SecureAuth teamed up for a series of virtual roundtable discussions on the future of identity security. Bil Harmer of SecureAuth reflects on these discussions and how they inform his view of the factors influencing both the present and future of identity.
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