23 October 2017
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Latest authentication news

iPhone X gets Face ID for Apple Pay
Security

iPhone X gets Face ID for Apple Pay

12 September 2017  |  10386 views  |  0 comments | 11 tweets | 23 linkedin

Apple has ditched Touch ID for Face ID in its new iPhone X, enabling users to authenticate themselves - including for Apple Pay and apps that support the feature - simply by looking at their handsets.

Belgian banks bid to banish passwords with itsme app
Security

Belgian banks bid to banish passwords with itsme app

12 September 2017  |  11230 views  |  4 comments | 16 tweets | 29 linkedin

Belgium's major banks and mobile network operators have joined forces to create an app that lets people replace their various online usernames and passwords with a single code or fingerprint.

Alipay 'Smile to Pay' tech comes to Chinese KFC
Retail banking

Alipay 'Smile to Pay' tech comes to Chinese KFC

04 September 2017  |  10368 views  |  0 comments | 15 tweets | 18 linkedin

KFC has rolled out Alipay's facial recognition technology at a restaurant in the Chinese city of Hangzhou, enabling hungry patrons to pay for their chicken with a smile and their mobile phone number.

Credit Union Australia signs up for DigitaliD
Mobile & online

Credit Union Australia signs up for DigitaliD

08 August 2017  |  8751 views  |  0 comments | 11 tweets | 6 linkedin

Australia's largest credit union, CUA, and foreign exchange outfit Travelex are among the first four companies to adopt a new digital identity platform from Australia Post, which allows consumers to verify who they are without needing multiple forms of identification.

Central Bank of Bahrain debuts regulatory sandbox
Wholesale banking

Central Bank of Bahrain debuts regulatory sandbox

14 June 2017  |  7046 views  |  0 comments | 7 tweets | 10 linkedin

The Central Bank of Bahrain has opened a regulatory sandbox for fintech firms worldwide to test their technology ahead of live deployment in the Kingdom.

Twins fool HSBC voice biometrics - BBC
Security

Twins fool HSBC voice biometrics - BBC

19 May 2017  |  13042 views  |  4 comments | 21 tweets | 26 linkedin

Voice recognition software launched last year by HSBC in order to speed up access for phone banking customers has been successfully bypassed by a BBC reporter and his non-identical twin brother.

Credit union consortium to demo digital identities on distributed ledger network
Blockchain

Credit union consortium to demo digital identities on distributed ledger network

04 May 2017  |  9181 views  |  0 comments | 8 tweets | 3 linkedin

A US consortium exploring potential use cases for distributed ledger technology in the credit union industry is set to conduct its first live demonstration of a digital identity service next week.

USAA licenses security technology to Indian software house
Security

USAA licenses security technology to Indian software house

01 March 2017  |  4966 views  |  1 comments | 3 tweets | 1 linkedin

US military bank USAA has licensed development rights to its proprietary security technology to Indian software house Persistent Systems.

Erste Bank rolls out video-based identification of new customers
Mobile & online

Erste Bank rolls out video-based identification of new customers

25 January 2017  |  7368 views  |  0 comments | 10 tweets | 32 linkedin

Erste Bank und Sparkassen is taking advantage of new rules in Austria to let people open accounts from the comfort of their own homes via video chat.

Banks should be liable for scam victims' losses says consumer group

Consumer group Which? has accused the UK's Payment System Regulator (PSR) of letting banks off the hook by not forcing them to reimburse customers who fall victim to online money transfer scams.

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