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Complete Story
07/02/2024
Physical Cards Hold the Keys to a Passwordless Future
PYMNTS
It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need to make sure the payments experience goes off with minimal friction.
It’s a tension that has not escaped the attention of Adam Lowe, chief product and innovation officer at metal premium card issuer CompoSecure, whose digital security platform Arculus streamlines digital authentication processes and secures digital assets.
The password has proven to be sticky — and effective — across the decades. But FinTechs, merchants and banks, Lowe told PYMNTS in a recent interview, need new levels of trust and authentication — and the physical card itself can become a vehicle for a hands-free conduit to seamless commerce.
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