Yellow Path Authentication Measures for Banks
How Banks Can Fix Apple Pay Vulnerabilities Yellow path authentication uses a color coding system to flag unverified users for further confirmation. This is intended to prevent digital wallet fraud on iPhones and other Apple Pay-compatible devices. Unfortunately, cybercriminals have developed methods to exploit vulnerabilities in the yellow path Apple Pay procedures. Banks and credit card providers […]
What Is a Customer Identification Program (CIP)?
Quick Answer A Customer Identification Program or CIP is a set of procedures used by financial institutions to confirm the ID credentials of new customers and cross-reference them against lists of suspected terrorist and criminal organizations. A Customer Identification Program (CIP) helps you confirm that new clients are who they say they are. If you’re […]