The Green Sheet: The extraordinary life of a payment – Security checkpoints

Andrew Shikiar is quoted in the lead story of The Green Sheet: “Simply put, verification is the process of confirming someone’s identity. Authentication is the process of recognizing someone’s identity,” he said. “The easiest way to think about it is that you verify someone’s identity less often—usually at the point of account creation—to confirm they are who they say they are. You then authenticate them at subsequent sign-ins to confirm the person logging in is the person who created the account.”