Payfone rebrands, buys authentication tech from Early Warning


The company has renamed itself Prove and says that the acquisition will allow it to
help banks fine-tune their security procedures when serving customers.


Biometric spoofing is harder than people think


New authentication methods make it harder to fake biometrics, Eric Setterberg of Fingerprints argues.


AI startup Deep Labs lands $16M in funding commitments


The company, which develops "persona-based intelligence," software counts Visa and American Express among its clients.


Will banks get caught up in facial recognition backlash?


Consumer advocates and policymakers are railing against use of the technology by government, universities and others. Banks using it for authentication need to tread cautiously, experts say.


'Everything is breakable': Why BBVA wants to ditch passwords


The bank is investing in a new authentication platform because password-based security systems have too many weaknesses, says Juan Francisco Losa, BBVA’s global head of security architecture.


The gaping security holes plaguing real-time payments


Stephen Ranzini, CEO of University Bank, says The Clearing House's RTP and Early Warning's Zelle handle enrollment, encryption and authentication insecurely.


Should San Francisco's ban on face-recognition tech worry banks?


Police and city agencies can no longer use facial-recognition technology, which civil liberties groups say infringes on human rights. The measure may be an ominous sign for biometric login authentication.


'Friendly fraud' is on the rise. Are banks complicit?


Reports of improper charges by perpetrators who know the victim soared last year. Issuers and card networks are failing to tighten security, clearly label transactions and police chargebacks, critics say.


The smart fridge and other tech in Wells Fargo’s innovation lab


Shari Van Cleave, head of digital labs at the bank, discusses customer-facing technology it's testing, including wearables and the so-called internet of things.


Wells Fargo, PayPal back effort to fund female fintech entrepreneurs


Female startup founders consistently receive far less venture capital money than male founders, but a program by Quesnay is looking to change that.