On Wednesday, January 25 at 2:00 pm Eastern Standard Time, the CyberRisk Alliance and Incode Technologies will jointly host a live webcast, “Bolstering Customer Account Security Without Diminishing Privacy.” Identity authentication is a critical tool in the fight against fraud, especially as malicious attackers steal consumer credentials in an attempt to take over their online […]
How Banks Can Fix Apple Pay Vulnerabilities Yellow path authentication uses a color coding system to flag unverified users for further confirmation. This is intended to prevent digital wallet fraud on iPhones and other Apple Pay-compatible devices. Unfortunately, cybercriminals have developed methods to exploit vulnerabilities in the yellow path Apple Pay procedures. Banks and credit card providers […]
Quick Answer A Customer Identification Program or CIP is a set of procedures used by financial institutions to confirm the ID credentials of new customers and cross-reference them against lists of suspected terrorist and criminal organizations. A Customer Identification Program (CIP) helps you confirm that new clients are who they say they are. If you’re […]
Know Your Business (KYB) Essentials for Regulatory Compliance Know Your Business (KYB) is the B2B counterpart of Know Your Customer (KYC) identification verification procedures, and it’s equally important for compliance with Anti-Money Laundering (AML) regulations. If you’re in banking or another financial service industry, you are required to perform KYB checks. This article will cover the essentials you need […]
Chapter 1: What Is Money Laundering? What is money laundering, what can financial institutions do to stop it, and what technology tools can help? This comprehensive guide will cover what you need to know about anti-money laundering (AML) essentials. We’ll look at: To lay a foundation for discussing these topics, let’s begin by understanding what […]
Facial recognition vs. fingerprint identification: is one better than the other? Security teams today are shifting to biometrics, prompting an assessment of whether fingerprinting remains viable in a digital context or whether selfies now offer a better option. Here we’ll cover what you need to know to make an informed assessment. First, we’ll look at […]
The Future of Biometrics: A Glimpse at Emerging Trends The future of biometrics is the future of security technology. Biometric authentication methods such as facial recognition and fingerprint recognition are becoming increasingly popular tools to secure digital transactions while providing customers with a frictionless user experience. Applications of biometrics are growing in industries from healthcare […]
With biometric boarding, your face is your boarding pass. As facial recognition software becomes more widespread, the use of biometrics in airports is growing rapidly. This blog looks at this emerging trend in airport biometrics technology. We’ll examine what biometric boarding is, how it works, how it’s being used in airports, and what its pros and cons […]
Liveness detection is today’s most important tool for preventing identity thieves from bypassing biometrics security checks. Cybercriminals have begun developing techniques for getting around these protective measures as security technology has begun incorporating biometrics identity verification methods such as facial recognition. For example, identity thieves may use photos or videos to fool facial recognition checks. Liveness […]
Age Verification and Age Gating: What Your Website Needs to Protect Minors Age gating is a common but outdated way to prevent minors from accessing websites they shouldn’t. Sites dealing with products and services such as alcohol, gambling, and online dating often ask visitors to confirm their age. But anyone can pretend to be an adult, […]
Customer Identity and Access Management (CIAM) solutions help you verify account logins and protect yourself and your customers from fraud. They form a critical tool for combining digital security with frictionless customer experience. For industries such as financial services, eCommerce, and healthcare, an effective CIAM solution is essential. Here we’ll cover what you need to know […]
NFT Ticket Authentication: How It Can Protect Your Event Security Non-Fungible Token (NFT) tickets use encryption to verify ticketholders and prevent fraud. Combining NFT ticketing with biometric authentication methods such as facial recognition provides one of today’s most secure methods of safeguarding event ticket sales. Here we’ll introduce you to the essentials you need to […]
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