Authentication

527 articles tagged with this keyword

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Card giants bid to boost online checkout security with digital tokens

Visa, MasterCard and American Express want to overhaul global e-commerce security, ditching account numbers in favour of digital tokens for online and mobile transactions.

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PE firms buy IdenTrust

Private equity firms Parallax Capital Partners and StepStone Group have acquired a majority stake in digital identity authentication outfit IdenTrust. Financial terms have not been disclosed.

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Santander has UK's weakest online banking security - Which?

NatWest and RBS have been crowned the UK's most secure online banking providers by consumer group Which?, with Santander ranked bottom of the pile.

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Bionym bids to replace passwords with heartbeat

Canadian start-up Bionym is promising to make passwords, keys and wallets relics of the past with a bracelet that authenticates its wearer through their heartbeat.

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PayPal trials 'pay with face' tech in London

Shops in Richmond, London, have begun trialling mobile payments technology from PayPal which lets customers verify themselves at the checkout using a photo and their first name.

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RuPay steps up challenge to card schemes with e-commerce roll-out

RuPay, the Indian bank-backed debit card scheme, has been enabled for e-commerce transactions over the Internet, extending its challenge to Visa, MasterCard and American Express.

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Voicekey unveils biometric iPhone app

A UK voice biometrics start-up has launched an iPhone app it says could replace PINs as a way to validate financial transactions.

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E-commerce verification outfit Trustev wins EC start-up competition

Trustev, an Irish firm which uses 'social fingerprinting' technology to verify online shoppers in real time, has won the European Commission's Tech All Stars competition.

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Bangladesh micro-banking project signs for Gemalto biometric tech

A Bangladesh micro-banking initiative is issuing biometric smart cards from Gemalto to the country's unbanked, enabling them to authenticate transactions through their fingerprints.

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Nigeria to roll out multi-purpose national ID and payment cards

The Nigerian government has commenced the roll out of 13 million MasterCard-branded National Identity Smart Cards with biometric and electronic payment capability as a pilot programme.

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Lloyds victorious at Microsoft's Digital Wallet Foundry

A two-man team from Lloyds TSB has won top honours at Microsoft's week long Digital Wallet Foundry identity and loyalty hack-a-thon in London with a proof-of-concept application to ease customer verification at the check out.

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Capco partners EyeLock to hawk iris scanning tech to banks

Fintech consultancy Capco has teamed up with EyeLock in a bid to sell the latter's iris-based identity authentication technology to the financial services industry.

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PayPal and Lenovo bid to eradicate passwords

PayPal and Lenovo have joined with other Internet and security companies to form the Fido Alliance (Fast Identity Online) with the aim of replacing password-based log-ins with an industry-supported open protocol tied to the actual device used to access online services.

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ECB seeks to improve online payments security

The European Central Bank has outlined plans to improve the security of Internet payments, requiring firms to beef up their customer authentication processes.

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ID theft drives rise in UK fraud cases - Cifas

The number of recorded fraud cases in the UK rose five per cent last year, to nearly 250,000, according to Cifas, with identity theft accounting for more than half of all incidences.

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UK govt picks PayPal for online ID assurance service

PayPal has won a contract with the UK government to help build and run a secure online identity registration service for people accessing public services.

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Visa and banks tap India's biometric ID system for new account

Visa and a group of Indian banks are tapping the country's biometrics-based national identity system to bring financial services and electronic payments to tens of millions of people.

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Standard Chartered Singapore embeds security tokens in cards

Standard Chartered Bank's Singapore unit has unveiled a payment card featuring an embedded security token for online transactions.

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French shoppers trial biometric payments

A group of French banks, IT firms and retailers are trialling a point-of-sale system that combines biometrics and contactless cards to enable customers to pay with their fingertips.

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High rolling cyber-crooks are smashing bank security safeguards

A new, sophisticated breed of cyber-crooks targeting bank accounts belonging to businesses and high-net worth individuals around the world may have stolen EUR60 million over the last year, according to an investigation from McAfee and Guardian Analytics.