Digital Identity Authentication Provides Additional Security as Breaches Intensify

As large-scale data breaches continue to compromise personal information like login credentials and Social Security Numbers, companies have realized that they need to evolve their security methods over time in order to maintain consumer trust. In the past, many companies have solely relied on knowledge-based factors like birth dates and addresses to verify the identity … Continue reading “Digital Identity Authentication Provides Additional Security as Breaches Intensify”

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Facial Recognition Technology Helps Retailers Comply with FDA Regulations

Last year, the FDA impacted a $3.7 billion industry by ruling that vape pens and e-cigarettes won’t be available for sale to anyone under the age of 18 because they fall under the category of tobacco products. According to a survey conducted by the Center for Disease Control (CDC), one in four teenagers use vaping … Continue reading “Facial Recognition Technology Helps Retailers Comply with FDA Regulations”

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What We Learned at SDW 2017

SDW 2017, a conference for professionals involved in secure ID credentials and government-identity solutions, was last week in London and brought together top minds in the Identity Proofing Industry who all agreed that a trusted identity is the cornerstone of a trusted transaction. Key issues covered included identity fraud, document design, travel documents, smart borders, … Continue reading “What We Learned at SDW 2017”

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Tech Solutions to Address the Alarming Rise of Healthcare Fraud

The FBI estimated costs associated with U.S. healthcare fraud was at $80 billion in 2013. A 2016 healthcare fraud sweep by the FBI involved $900 million in false billing and more than 301 individuals, including 61 medical professionals and 28 doctors. There a number of surprising and frightening ways that people internally and externally can … Continue reading “Tech Solutions to Address the Alarming Rise of Healthcare Fraud”

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What We Learned at the K(NO)W Identity Conference: Part Two

B&B: Biometrics & Blockchain We are back with more from the K(NO)W Conference and focusing on solutions that create trusted transactions. Digital identity is relatively new. Physical identity has been around for millions of years. We are really just starting to figure out how to build digital trust and what that means for different industries. … Continue reading “What We Learned at the K(NO)W Identity Conference: Part Two”

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What We Learned at the K(NO)W Identity Conference: Part One

  Identity is the New Currency, Biometrics is the New Black, Blockchain is Bringing Sexy Back (Maybe) & Spoiler Alert – Edward Snowden is Still Not an NSA Fan The first annual KNOW Identity Conference was well attended last week in the nation’s capitol, bringing together industry leaders, organizations and individuals that are shaping the … Continue reading “What We Learned at the K(NO)W Identity Conference: Part One”

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Enhance Hospitality Experiences with Identity Verification Solutions

A recent JD Power study showed that hotel guest satisfaction has plateaued as perks have become standard expectations. When picking and choosing exact specifications via an app is a better experience than getting to a hotel only to argue with a desk agent, it becomes clear why Millennials have such low engagement with the hospitality … Continue reading “Enhance Hospitality Experiences with Identity Verification Solutions”

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Customer-Friendly and Cost-Efficient Technology to Prevent eCommerce Fraud

Online fraud rose 15 percent between 2015 and 2016, and approximately $32 billion in costs associated with e-commerce fraud occurred in 2014. LexisNexis reported that 1.5 percent of retailers’ revenue is linked to fraudulent transactions. Continued data breaches also put online shoppers and retailers at risk. However, you can safeguard your eCommerce business from fraud … Continue reading “Customer-Friendly and Cost-Efficient Technology to Prevent eCommerce Fraud”

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IMPROVING IDENTITY VERIFICATION SOLUTIONS IN FINANCIAL SERVICES

Despite advances in technology, such as the spread of credit cards with microchips, in 2016 more than 15 million Americans lost $16 billion as a result of identity theft. Financial services is an area where identity verification is crucial. Financial institutions must ensure that customers are who they claim to be, but they also do … Continue reading “IMPROVING IDENTITY VERIFICATION SOLUTIONS IN FINANCIAL SERVICES”

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