Identity verification

GM joins Spring Labs' ID verification blockchain

02/12/19

The automaker's finance arm joins Avant, OnDeck Capital and SoFi in the system, which is designed to help verify loan applicants' identities.

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Digital IDs would help unlock Canada's economy, bank group says

01/15/19

Canada needs to embrace digital identification to "unlock the full potential" of banking and the economy, Canadian Bankers Association Chief Executive Officer Neil Parmenter said.

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Securing bank apps: What if mobile carriers get hacked?

12/24/18

There are steps financial firms can take to protect their customers in the event a major wireless network is compromised, including reconsidering the use of SMS messaging for account authentication.

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Security risk in cardless ATMs? The customer

11/13/18

Fifth Third Bank customers were swindled out of over $100,000, but not because the bank didn't have protection in place.

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Banks need to stop relying on Social Security numbers

11/12/18

SSNs are used to verify identity across the financial services industry, but use of the numbers is outdated and leaves consumers vulnerable to data breaches.

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What's working, what's not in banks' battle against 'credential stuffing'

11/09/18

HSBC is the latest bank to be hit with this type of attack, in which hackers take stolen user names and passwords from one site and attempt to reuse them to login to banks.

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HSBC suffers data breach on small number of online accounts

11/06/18

The breach may have occurred through a technique called "credential stuffing," in which hackers who have stolen passwords for other websites try them out on an online banking site.

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Mitek CEO to depart in leadership shuffle

08/27/18

Jim DeBello will leave his post as CEO of digital capture and mobile identity company Mitek, one of a handful of high-level personnel moves at the company.

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Corporate customers want retail’s bells and whistles, too

07/03/18

"Banks should be investing in innovation in this area or risk getting left behind," a fintech CEO warns.

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Modernizing the customer onboarding experience with ID verification & e-signature

06/27/18

The unmet need for digital and mobile onboarding presents an opportunity for growth.

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