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Tag: SECURE TECHNOLOGY ALLIANCE

Digital Wallets and Biometrics: A New Era for Identity and Payments

Maya Rodriguez05 mins

The Identity and Payments Summit highlighted the merging of identity and payment systems, focusing on digital wallets and mobile driver’s licenses (mDLs). With 59% wallet usage among consumers, the trend shows a blurring of lines between payments and digital ID. Interoperability remains a concern, particularly for mDLs. Insights on biometrics suggest they play a crucial…

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Addressing Evolving Fraud Threats: A Layered Approach in Digital Security

Raj Desai04 mins

The article discusses the growing threat of digital fraud and emphasizes the need for a layered response from various stakeholders, including payments firms and digital identity providers. Panelists from AuthenticID, Daon, and Aware highlighted how fraudsters leverage technological advances like AI to create identities and manipulate systems easily. They advocate for risk-based authentication to balance…

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