Identity verification

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

01/14/20

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.

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More regulation's needed to protect biometrics

01/03/20

The current climate is akin to the Wild West, with little protection for the consumer, and new regulations are needed if the technology is to continue to expand in a safe and sustainable way, argues Mitek's Stephen Ritter.

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Expect 'a lot more dismantling': A fintech entrepreneur's vision for 2020

12/30/19

Jason Gardner, founder and CEO of the card issuer Marqeta, discusses his experiences in starting up multiple fintechs and makes predictions for the new year.

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Congress needs to hurry up on data protection

10/30/19

Consumer identities are becoming increasingly digital and more prone to privacy risks. Lawmakers cannot sit idle.

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Stop marketing to women and start designing for them

10/15/19

Companies are turning off prospective customers and employees with misguided approaches.

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Fake ID fraud is declining, but small lenders are still vulnerable

10/08/19

Though synthetic identity fraud is down across the industry, there's been an uptake in such attacks targeting credit unions.

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Data aggregators push back against notion they have a fraud problem

09/30/19

Fincen and others say third parties are proving to be treasure chests for crooks who create synthetic identities, but aggregators argue they help detect risk banks can’t see.

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N.Y. regulator voices objections to CFPB's debt collection plan

09/18/19

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

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Digital IDs: The next financial services frontier?

08/28/19

The idea of a common digital identity for consumers has become more compelling amid the digitalization of the world's economy. Many bank and credit union executives consider it a natural fit, one the industry should be prepared to lead on.

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Safeguard data on kids, reap customer retention rewards

08/05/19

Banks have to do a better job of protecting personal information about their customers' children.

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