Latest news with #digitalcommerce
Yahoo
9 hours ago
- Business
- Yahoo
Prove Launches Unified Authentication Solution with Passive, Persistent Customer Recognition
New solution delivers measurable ROI by replacing SMS OTPs and mitigating SIM swap fraud – cutting costs, reducing abandonment, and enabling seamless customer experiences across channels. NEW YORK, August 12, 2025--(BUSINESS WIRE)--Prove, the leader in digital identity, today announced the launch of Unified AuthenticationSM, a modern authentication solution that passively and persistently recognizes customers, no matter where they appear or how often their devices or credentials change. This launch reflects a critical market shift: identity is no longer just a tool for fraud prevention or compliance – it's a core enabler of digital commerce. Businesses must seamlessly recognize and authenticate customers across mobile apps, desktops, laptops, call centers, kiosks, and third-party platforms. But as companies move away from SMS OTPs and other legacy tools, they face new challenges. While device fingerprinting, behavioral biometrics, and passkeys each add value, none single handedly solve the challenge of reliably identifying returning users throughout their lifecycle. Device fingerprints are probabilistic, biometrics can drift, and while passkeys sync for convenience, they no longer prove possession of a specific device on their own. As a result, many organizations revert to outdated methods that compromise both security and experience. Prove's Unified Authentication solution solves these challenges by harnessing the strengths of these technologies – and addressing their limitations – through a layered, orchestrated approach. At its core is the Prove KeySM, a next-generation cryptographic key that is persistently bound to a user's identity and secured directly on the device. Paired with real-time signal intelligence and advanced key management, the Prove Key delivers continuous, cross-channel authentication that endures through every lifecycle event. Key capabilities: Compliant MFA: Combines device fingerprinting, behavioral biometrics, and passkeys while addressing their limitations, delivering passive MFA with two strong factors and dynamic linking to support PSD2 and PSD3 compliance. Passive Key Management: A passive, identity-bound cryptographic credential that enables seamless reauthentication without re-enrollment, even when new keys are issued after device changes or number updates. Omnichannel Coverage: Operates across apps, browsers, desktops, kiosks, call centers, and third-party platforms to support portable "passport-like" digital experiences. Resilient to Change: Maintains identity persistence through lifecycle events like device upgrades, SIM swaps, carrier ports, and phone number changes. Real-Time Risk Defense: Provides real-time protection against synthetic identities, stolen credentials, scams, mules, and social engineering. The result: less fraud, reduced costs, reduced abandonment, and measurable ROI through improved customer experience and long-term loyalty. "Key-centric authentication is a valuable tool for fraud prevention," said John Snyder, Senior Manager, Product at BetMGM. "It's a great way to scale up fraud control without sacrificing user experience, making things easy for good users and hard for bad ones." "At Prove, we've always believed identity is the gateway to a new generation of digital experiences," said Rich Rezek, Head of Platform and Solution Strategy at Prove. "With Unified Authentication, we're bringing that vision to life – synchronizing identity and authentication in a more sophisticated way than ever before to eliminate friction, build trust, and protect every step of the customer journey, from onboarding to recovery and beyond." Unified Authentication is now available in over 190 countries, delivering persistent recognition across onboarding, servicing, authentication, and payments – enabling businesses to engage customers securely, seamlessly, and at scale. To learn more, visit: About ProveProve makes identity work – verifying real people in real time without friction or guesswork. Trusted by 19 of the top 20 U.S. banks and more than 1,500 leading brands worldwide, Prove helps the biggest names in banking, fintech, crypto, gaming, commerce, insurance, and healthcare grow with confidence. Prove's identity verification and authentication solutions streamline onboarding, prevent fraud, and deliver seamless customer experiences across channels. With Prove, identity is no longer a question, it's proven. Learn more at View source version on Contacts Media Contact: prove@ Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
NCR Voyix to Present at the Oppenheimer 28th Annual Technology, Internet & Communications Conference
ATLANTA, August 06, 2025--(BUSINESS WIRE)--NCR Voyix Corporation (NYSE: VYX), a leading global provider of digital commerce solutions, today announced that James G. Kelly will present at the Oppenheimer 28th Annual Technology, Internet & Communications Conference on Monday, August 11, 2025 at 2:05 p.m. Eastern Time. A live webcast and subsequent replay of the presentation will be available on the NCR Voyix investor relations website at About NCR Voyix NCR Voyix Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail and restaurant industries. NCR Voyix transforms retail stores and restaurant systems through experiences with comprehensive, platform-led SaaS and services capabilities. NCR Voyix is headquartered in Atlanta, Georgia, with customers in more than 30 countries across the globe. View source version on Contacts Investor Contact Sarah Jane Media Contact Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
31-07-2025
- Business
- Finextra
Risk management firm EverC and AWS collaborate to fight fraud
Since Q4 2024, EverC, a leading provider of AI-driven risk management solutions for digital commerce, has been working with Amazon Web Services (AWS) to support innovation. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. EverC began to integrate GenAI into their core solutions, with an eye to streamlining and scaling risk management for acquiring banks, payment processors, and online marketplaces. Leveraging AWS GenAI solutions has allowed EverC to set new industry standards in the use of AI to identify and root out online fraud. Through a multi-model approach, EverC deploys AI to: • Fully automate processes, enhancing efficiency and reducing the need for manual intervention • Classify merchants, MCCs, content, categories, and products quickly and accurately. • Add new features and functionality, for a solution that evolves dynamically. • Achieve precision comparable to human analysts, in a way that is more efficient with time, cost, and resources. • Identify novel patterns and anomalies, for a more comprehensive picture of risk. • Rapidly adjust to customers' risk tolerance and business goals, as well as changes in regulations and industry trends EverC leverages sophisticated artificial intelligence to address the intricate challenges within a complex industry. Recognizing that risk management requires tailored solutions, the company develops AI-driven technologies that are not one-size-fits-all. EverC emphasizes the crucial role of its data and domain experts, who continuously train, refine, and verify these models to ensure their ongoing effectiveness in a constantly evolving landscape. AI is considered a fundamental driver of EverC's growth and scalability. Through the implementation of automated processes, the company experiences accelerated development, reduced latency in production, and significant operational and cost efficiencies. EverC believes that AI enables exponential growth, overcoming the limitations associated with linear growth models that are dependent on the number of analysts. Going forward, EverC will continue to develop AI-driven technology to solve the increasingly complex challenges of payments and ecommerce, shifting more classification tasks into Gen-AI based on AWS Bedrock, testing and evaluating various models, and building agentic systems for proactive, complex, and autonomous systems. Working together with AWS will allow EverC to remain in the forefront of AI-driven technological advancements but also aligns with AWS's mission to promote the use of Generative AI to support innovation worldwide. EverC is proud to promote its utilization of GenAI, which has significantly transformed its processes – and its products.
Wamda
30-07-2025
- Business
- Wamda
Libya's Mataa closes seed round from local angel investors
Mataa, the Libya-based e-commerce platform, has closed its first Seed investment round with participation from a group of Libyan business angels. Founded in 2022 by Ibrahim Shuwehdi, Mataa is a shopping app that offers users variant items with an express delivery option. The funding will be used to enhance Mataa's operational capabilities, including first- and last-mile logistics, warehouse expansion, and onboarding more suppliers and product categories. Press release: Mataa, a Libya-based e-commerce platform, announced the closing of its first Seed investment round, backed by a group of Libyan business angels. The funding marks a significant milestone in the startup's journey to enhance digital commerce in Libya and the broader North African region. Speaking on the occasion, Mataa's Founder and CEO Ibrahim Shuwehdi stated that the funds will be used to strengthen operational capacity, particularly in first-mile and last-mile logistics, expand its central warehouse, and onboard new suppliers and product categories. The company also plans to recruit experienced regional talent in the e-commerce sector to support long-term growth. Mataa will now double down on its marketplace model, enabling Libyan merchants to reach over 6 million internet users nationwide. The platform also supports Facebook-based sellers by allowing seamless product integration, which can boost conversions and reduce paid advertising expenses. Shuwehdi emphasised that investor confidence in the founding team and Libya's central geographic location—at the heart of a 275 million-person, $830 billion-gross North African market—were key factors in attracting this round.
Yahoo
23-07-2025
- Business
- Yahoo
NCR Voyix to Release Second Quarter 2025 Earnings Results
ATLANTA, July 23, 2025--(BUSINESS WIRE)--NCR Voyix Corporation (NYSE: VYX), a leading global provider of digital commerce solutions, will report financial results for the second quarter 2025 before the market opens on Thursday, August 7, 2025. The NCR Voyix management team will host a conference call at 8:00 a.m. ET the same day to discuss the financial results. Conference Call Details Date and time: August 7, 2025 | 8:00 a.m. ET Dial In Number: (877) 407-3088 (Toll free) | +1 (201) 389-0927 (Toll) A live webcast of the conference call and related presentation materials will be available on the company's investor relations website at A replay of the webcast will be available on the company's investor relations website following the live event. About NCR Voyix NCR Voyix Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail and restaurant industries. NCR Voyix transforms retail stores and restaurant systems through experiences with comprehensive, platform-led SaaS and services capabilities. NCR Voyix is headquartered in Atlanta, Georgia, with customers in more than 30 countries across the globe. View source version on Contacts Investor Relations:Sarah Jane Media Relations: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
