Biometrics

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/Biometrics

Biometrics backers push case for password-free payments

Passwords could soon be a thing of the past according to speakers at this week's Money 20/20 event in Las Vegas.

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India and Bangladesh play unlikely starring role at Money 20/20

Financial inclusion featured high on the agenda of the opening sessions at Money 20/20 in Las Vegas. Initiatives from Asia were highlighted as showing best practice in solving identity issues.

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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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JCB to trial palm vein authentication for cardless payments

Japanese card scheme JCB is to trial the use of palm vein authentication technology from Fujitsu for cardless purchases at ATMs and merchant terminals.

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From biometrics to one-time passcodes, MasterCard preps Identity Check suite

MasterCard is rolling out a suite of card security measures for online commerce - from 'pay by selfie' biometrics to SMS-delivered one-time passwords - under the brand Identity Check.

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Royal Bank of Canada rolls out conversational biometrics

Royal Bank of Canada is to begin recording the voice prints of customers as they dial in to its call centres, eliminating the need for passwords and additional authentication questions to determine client IDs.

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Worldpay trials facial recognition technology

Researchers at Worldpay are investigating the use of facial recognition technology to help combat card fraud in stores across the UK.

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Biometric security alarm raised as hackers steal 5.6 million fingerprints

The US Office of Personnel Management says that hackers who breached its systems over the summer made off with the fingerprint records of 5.6 million individuals, raising questions over the security of biometrically-protected identities.

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Visa puts Olympic athletes through tech paces

Today, Visa Inc. (NYSE:V) gathered 25 Olympic and Paralympic hopefuls from around the world for a two-day Team Visa Summit and innovation showcase at the company’s headquarters in San Francisco.

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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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MorphoTrust reveals biometrics cloud

MorphoTrust USA (Safran) has opened a new front in the battle to protect consumers, businesses and government agencies from the growing burdens of identity theft and fraud, bringing the power of multimodal biometrics, authentication and search engine technology to the cloud.

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KBC Bank Ireland choses Vasco for mobile app security

Vasco Data Security International, Inc. (VDSI), a global leader in authentication, electronic signatures, and identity management, announced today that KBC has integrated the Vasco Digipass for Apps security solution into its mobile banking application.

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Visa develops spec for chip card biometrics

South Africa’s Absa Bank is to be the first to trial a new Visa specification for fingerprint validation at chip card-enabled ATMs.

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First Internet Bank debuts Eyeprint ID for mobile login

First Internet Bank announced it is one of the first financial institutions to offer Eyeprint ID authentication technology in its personal mobile banking application.

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Visa Europe shortlists six for startup competition

Visa Europe Collab, Visa Europe’s international innovation hub, today announced the finalists for its startup competition, in partnership with The Accelerator Network, to find ideas for innovative payments products and services that will change the way people pay.

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Third of Brits expect day-to-day mobile payments within five years

With contactless cards and mobile payments growing in popularity, a quarter of Brits think that in just five years' time they will no longer need cash, according to a survey for Lloyds Bank.

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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.

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HID Global integrates biometrics and contactless smart card readers

HID Global, a worldwide leader in secure identity solutions, today announced that it has integrated the company’s Lumidigm biometrics technology with its widely deployed Omnikey contactless smart card readers to simplify identity validation for citizen ID and many financial, healthcare and other commercial applications.

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TD, MasterCard and Nymi pilot heartbeat-authenticated contactless payments

Canada's TD Bank, MasterCard and tech firm Nymi have completed what they claim is the world's first wearable contactless credit card payment to authenticate the user through their heartbeat.

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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.