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Payfont raises £1.2 million

In the midst of the current cyber-attacks on firms such as “TalkTalk” and many others, “Payfont”, the Scottish Cybersecurity company have raised a further £1.2m from investors taking their funding to £2.8m since their move to commercialisation in July 2014.

Dutch banks team up on digital identity service pilot

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Dutch banks team up on digital identity service pilot

Dutch banks are banding together on a digital identification service which will let online customers use their login details to access other commercial and government sites.

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Ultra Electronics bolsters HSM offering

Ultra Electronics AEP, the provider of trusted security, announces major enhancements to its Ultra Safe KeyperPlus HSM.

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Mitek adds facial recognition to Photo Verify

Mitek a leading innovator of mobile capture and identity solutions, will demonstrate the addition of facial recognition capabilities to the company’s instant ID document verification solution, Photo Verify.

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Paycasso appoints Berenice Levenez MD

Paycasso, provider of market leading consumer identity verification software, today announced the appointment of Berenice Levenez as Managing Director.

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Visa brings token security to ecommerce

Visa, Inc. (NYSE:V) today announced that it has integrated token technology into Visa Checkout, the company’s online check out service used by merchants and consumers globally to make safe, easy payments in just a few clicks. Visa made the announcement at the Money2020 conference in Las Vegas.

Capital One lets customers ditch security questions for a phone swipe

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Capital One lets customers ditch security questions for a phone swipe

Capital One is offering customers the chance to replace security questions for some transactions with a simple swipe of their mobile phones.

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Encap Security enlists FS industry veterans for new advisory board

Encap Security, provider of uncompromising authentication for financial institutions, announced today that it has created an advisory board made up of global experts with a vast array of experience within financial services.

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Early Warning promises unified approach to authentication

Early Warning, a leader in fraud prevention and risk management, today introduced the Authentify Platform.

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ID startup Veridu raises £800k

Veridu has successfully completed yet another major funding round and is aiming for a valuation of £20,000,000 in 2016.

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Biometrics payment startup Zwipe raises $5m

Zwipe, which launched the world’s first fingerprint authenticated payment card on 17 October last year, today announced that it has raised $5 million in equity from Photon Future Ltd.

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Vasco adds Cronto digital signing tech to Digipass authenticators

VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, electronic signatures, and identity management, announced today two new DIGIPASS authenticators with Cronto-based visual transaction signing capabilities.

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Touch ID authentication added to PNC mobile banking app

PNC Bank, N.A. now offers commercial customers Touch ID authentication to access its Pinacle mobile banking app for iPhone.

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Avoka launches on-boarding transaction platform

Avoka, the leader in digital customer acquisition for the financial services industry, has today launched Avoka Transact Bundles, a frictionless way for retail financial institutions and wealth managers to onboard customers onto multiple products from one digital application.

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Trunomi closes $3 million capital rise

Trunomi, a provider of consent-based Know Your Customer (KYC) data-sharing technology, announced that it closed a $3 million capital raise, led by Saturn Partners with additional participation by Fenway Summer, Persistent Ventures and SenaHill Partners.

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Luxembourg’s banks choose Worldline’s ACS platform for 3D-Secure

Worldline, European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority.

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HID Global extends identity assurance product for banks

HID Global®, a worldwide leader in secure identity solutions, today expanded its broad offering of its identity assurance portfolio with the addition of the ActivID® Flexi Token.

MasterCard trials selfie payments in the Netherlands and US

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MasterCard trials selfie payments in the Netherlands and US

MasterCard is embarking on two pilots, one in the US and one in the Netherlands, which use facial recognition technology for payment verification.

Taiwan bank trials face-recognition ATM

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Taiwan bank trials face-recognition ATM

Taiwan's CTBC Bank has launched a pilot version of an ATM that uses both facial recognition and finger-vein scanning to verify identity.

Card fraud rises across Europe - ECB

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Card fraud rises across Europe - ECB

The European Central Bank (ECB) has reported an eight percent increase in fraud among cards issued or acquired within the Single Euro Payments Area (Sepa) for 2013.

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