Biometrics

Biometrics are the new weapons of war against online fraud and supporting financial services with biometric authentication and their KYC (Know Your Customer) procedures. ​ There are many different areas where biometrics are being deployed. For example in digital identity; an alternative to user names and passwords; protecting against ID theft; account takeovers and multiple accounts. ​ Mobile biometric authentication is helping to verify new and returning customers at the point of log-ins, payments and digital on-boarding.

Paul Hampton Security Expert at Thales

The Hand of Amazon: How the financial industry must keep up

Last year Amazon announced the adoption of a game changer for payments; Amazon One, which allows shoppers to pay at stores by placing their palm over a scanning device when they walk in the door or when they check out. A bold move by the retail giant which aims to offer the complete shopping journey for customers by changing how identification at ...

01 February 2021 /security /payments

Steve Cook Digital Identity & Biometrics Consultant

Digital Identity - Prove you are not a fake?

In today's world of biometric authentication and digital identity, proving that someone is real is a serious challenge for online and mobile services. Deepfakes, 3D masks, and even fake photos of people can cause problems for digital onboarding vendors as well as other digital enrolment processes. This in turn affects entities such as banks and mer...

16 December 2020 /retail /identity

Steve Cook Digital Identity & Biometrics Consultant

Liveness Detection - What to look out for!

When it comes to choosing a biometric liveness detection vendor for remote digital onboarding or authentication, there are several factors to consider. Reliability, speed, the user experience and above all third-party presentation attack detection (PAD) testing for anti-spoofing. PAD testing is essential because a great many active liveness solut...

15 October 2020 /inclusion /identity

Steve Cook Digital Identity & Biometrics Consultant

Now Biometrics will be essential for Digital Onboarding and Authentication

Biometrics will be in high demand in order for economies to function during the Covid-19 virus outbreak. Many onboarding practices with traditional banks involve the customers making a trip to the local branch to verify who they are with their ID documents. Now that most countries have introduced stay-at-home policies due to the coronavirus crisis,...

15 April 2020 /inclusion /covid-19

Paul Shumsky Technology Advisor at Entrepreneur

Don't Use SMS For 2FA. Here Is Why.

Strong customer authentication necessarily forms the backbone of any fintech application and it is common to make use of multi-factor authentication (MFA) to provide additional levels of security to protect any transaction from being compromised. Multi-factor authentication (MFA) encompasses three types of authentication: knowledge (something you k...

14 April 2020 /devops /identity

Steve Cook Digital Identity & Biometrics Consultant

The importance of passive facial liveness detection

The importance of passive facial liveness detection is key for digital onboarding and a frictionless user experience. Liveness detection has become a critical part of the digital identity process for face biometric authentication, onboarding and fraud prevention. With today's facial recognition systems, there are two questions that need to be asked...

27 March 2020 /inclusion /identity

Anna Oleksiuk FinTech Practice Lead at Intellias

EMV vs Biometric Cards: What’s Next in Card Processing?

Discover the history of card payment security and learn how biometrics are increasing the security of card payments Futuristic advances in payment technology are being deployed across the world. Contactless payments are at the forefront of this trend, but security issues have slowed the adoption of contactless cards and contactless payments via mo...

03 March 2020 /payments

Vikas Seth Chief Product Officer at IDnow Gmbh

C'mon UBER, You can still lead by Example

Even though UBER being banned from London is old news (from 3 months ago), this is still quite relevant nowadays https://www.bbc.com/news/business-50544283 The reason as stated in new articles was that UBER had some fake drivers (either holding invalid licenses or not insured) going through verification process successfully. The fact that fraud i...

12 February 2020 /ai /crime

Andrew Bud CEO at iProov

2020 predictions for biometrics and digital identity

I think there are few more exciting sectors than biometrics and digital identity in 2020, and it's a privilege to be in the midst of it all. Many of the themes that we’ve talked about for years, from digital identity as a service to biometric onboarding, will finally make it onto the main stage this year. My top four predictions for 2020: 1. Digit...

16 January 2020 /regulation /retail

Steve Cook Digital Identity & Biometrics Consultant

The debate over active or passive liveness detection and frictionless biometrics

The challenge for biometrics today is that nearly all modalities need to have additional security layers. Nowadays fraudsters have found ways to bypass on-boarding or authentication procedures and in order to make biometrics more secure, liveness detection or anti-spoofing solutions are required to back up the process. Of course, adding additional...

09 December 2019 /retail