Tag : facial recognition

Checkout.com First PSP to Launch Secure Payment Authentication Service From Google Pay, Speeding up Checkout Process by 30%
Digital Payments News

Checkout.com First PSP to Launch Secure Payment Authentication Service From Google Pay, Speeding up Checkout Process by 30%

PR Newswire
by PR Newswire0
Checkout.com is the first payment provider to integrate Google Pay’s secure payment authentication service into its payment processing service for merchants This new service streamlines the online checkout process by incorporating biometric checks, reducing the number of steps required, and boosting conversion rates In an initial roll-out, the technology has already......
Artificial Intelligence Banking Blockchain Cryptocurrency Digital Payments Featured Finance Fintech

Exploring The Rise of Embedded Payments and The Future of Frictionless Transactions

Prajakta Ayade
by Prajakta Ayade0
Cash, once the king of commerce, is steadily losing ground to digital alternatives. Contactless payments, mobile wallets, and now, embedded payments, are ushering in an era of frictionless transactions, where the act of paying becomes seamless and invisible. This shift is driven by multiple factors: the rise of the digital......
Yuanta Life Selects CyberLink FaceMe eKYC & Fintech Solution to Strengthen Identity Verification in Remote Insurance Service
Fintech InsurTech News

Yuanta Life Selects CyberLink FaceMe eKYC & Fintech Solution to Strengthen Identity Verification in Remote Insurance Service

Business Wire
by Business Wire0
CyberLink (5203.TW), a pioneer of AI and facial recognition technologies, announced a collaboration with Yuanta Life to securely conduct remote insurance services. By integrating FaceMe eKYC & Fintech, an AI based plug and play eKYC solution inclusive of state-of-art facial recognition and proprietary video conference technologies, Yuanta Life is able......
Digital Payments News

Juniper Research: Biometrically Authenticated Remote Mobile Payments to Reach $1.2 Trillion Globally by 2027

Fintech News Desk
by Fintech News Desk0
Security Regulations to Drive Adoption of Biometric Authentication Systems A new study from Juniper Research has found the value of biometrically authenticated remote mobile payments will reach $1.2 trillion globally by 2027; rising from $332 billion in 2022. These transactions use biometrics, typically facial and fingerprint recognition, to authenticate remote mobile payments.......
Socure Announces Industry-First Predictive Document and Identity Verification Solution with Unparalleled Precision and Multi-Dimensional Risk Insights
Analytics Business News

Socure Announces Industry-First Predictive Document and Identity Verification Solution with Unparalleled Precision and Multi-Dimensional Risk Insights

Fintech News Desk
by Fintech News Desk0
Solution Delivers Up to 98% Auto-Decision Rates for Increased Customer Conversions while Providing 99.5% Accuracy in Detecting Spoofing and Presentation Attacks Socure, the leading provider of digital identity verification and fraud solutions, announced the industry’s first predictive document and identity verification solution with native fraud risk signals and intelligence. Socure’s......
The Limits of SCA and Why Fraud Protection Is More Important Than Ever
Guest Posts Security

The Limits of SCA and Why Fraud Protection Is More Important Than Ever

Shagun Varshney
by Shagun Varshney0
Risk professionals and retail leaders for months have been fixated on the new strong customer authentication (SCA) requirements that arrived with PSD2 — and rightfully so. The new payments regulation, set for enforcement in the UK in March 2022, is a once-in-a-generation change with the potential to massively disrupt an......
World Economic Forum Launches Global Alliance for Responsible AI
Artificial Intelligence Fintech News

World Economic Forum Launches Global Alliance for Responsible AI

Fintech News Desk
by Fintech News Desk0
The World Economic Forum announced the launch of the Global AI Action Alliance (GAIA), a new flagship initiative to accelerate the adoption of inclusive, transparent and trusted artificial intelligence globally. AI holds the promise of making organizations 40% more efficient by 2035, unlocking an estimated $14 trillion in new economic......
1