On The Fly POS Adds Biometric Authentication to Stem Both Merchant And Consumer Fraud

biometric verification

Seeking to reduce merchant-account fraud, also known as merchant bust-out fraud, and provide merchants with a way to authenticate consumers, payments-technology provider On The Fly POS is adding Ipsidy Inc.’s Identity as a Service (IDaaS) biometric identity-verification technology to its platform. Ipsidy’s app validates a merchant’s identity by comparing a government issued photo identification, such … Read more

Ipsidy to provide On The Fly POS with its identify fraud prevention services

Ipsidy Inc (OTCQB:IDTY) CEO Phil Kumnick tells Proactive it will deploy passwordless login and transaction authorization for On The Fly POS, a US provider of cloud-based payment solutions. Kumnick says On The Fly POS, a subsidiary of The POS Lab, chose Ipsidy’s IDaaS platform to enhance the security and operational efficiency of its merchant point-of-sale … Read more