25 June 2017
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Latest authentication news

Central Bank of Bahrain debuts regulatory sandbox
Wholesale banking

Central Bank of Bahrain debuts regulatory sandbox

14 June 2017  |  5880 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  |  11517 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  |  8678 views  |  0 comments | 8 tweets | 2 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  |  4543 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  |  6962 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.

Citi fintech unit taps agile methodologies to craft new mobile app
Retail banking

Citi fintech unit taps agile methodologies to craft new mobile app

08 December 2016  |  9431 views  |  0 comments | 10 tweets | 15 linkedin

Citibank is rolling out a new mobile app that combines banking, wealth management and money movement features on a single biometrically-secured application.

Visa to acquire Cardinal Commerce
Cards

Visa to acquire Cardinal Commerce

02 December 2016  |  6987 views  |  0 comments | 4 tweets | 11 linkedin

Visa has agreed to buy e-commerce authentication firm Cardinal Commerce to beef up security in card-not-present channels whether through a browser, mobile app, or connected device.

Leumi Card turns to behavioural biometrics for app user authentication
Cards

Leumi Card turns to behavioural biometrics for app user authentication

22 November 2016  |  5457 views  |  0 comments | 3 tweets | 8 linkedin

The credit card unit of Israel's Bank Leumi is ditching passwords in its mobile app in favour of behavioural biometrics from local startup SecuredTouch.

Visa slams European plans for stronger online transaction authentication rules
Cards

Visa slams European plans for stronger online transaction authentication rules

22 November 2016  |  11757 views  |  7 comments | 22 tweets | 38 linkedin

Visa has lashed out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions over EUR10, claiming that they will lead to more declined transactions, complicated checkouts and abandoned purchases.

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