FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Discover Ditches Signatures at the POS

Grace NotobyGrace Noto
December 7, 2017
in Payments, Risk & Security
Reading Time: 1 min read
0
Share on Facebook

Discover will no longer require signatures as a form of authentication at the point-of-sale, turning instead to identification methods like tokenization and biometrics, the company announced yesterday.

The move is part of efforts by Discover to improve its payment experience, both by “speeding up the time spent at checkout” while simultaneously “maintaining a high level of security,” the company sia din a press release issued yesterday.

The company said:

Discover has already implemented a number of digital authentication technologies such as tokenization, multi-factor authentication, and biometrics that are more secure than requiring a signature and provide a more seamless payment transaction.

Discover will stop requiring signatures in April 2018, the company said. The company is the second of the major card networks to fully eliminate the signature step, following Mastercard’s announcement of the same in October.

Mastercard is also set to eliminate signatures in April 2018.

Read more at BusinessWire, PYMNTs, and Mastercard.

Tags: biometric authenticationcybersecurityDiscoverExclusiveMastercardpaymentsPOStokenization
Previous Post

INV Fintech Announces Its Fourth Class of Startups

Next Post

Mastercard, Cross River Partner for New Cash ‘Pick-Up’ Service at Bank ATMs

Related Posts

data streams being bottlenecked
Risk & Security

Implementing AI can relieve bottlenecks amid growing AML complexity

July 20, 2026
A flag displaying Capital One's logo
Risk & Security

Capital One’s Evan Baker to speak at FinAi Lending Summit

July 20, 2026
Photographer: Andrew Harrer/Bloomberg
Payments

Pliant prepares for agentic B2B payments amid U.S. launch

July 17, 2026
Next Post

Mastercard, Cross River Partner for New Cash ‘Pick-Up’ Service at Bank ATMs

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

The Buzz Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

 [wt_cli_manage_consent]

Connect

twitter linkedin podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account