Latest Authentication News: Finextra Research

Company update/security

Santander introduces voice and phone ID authentication for UK phone banking

Santander has today announced plans to offer telephone banking customers the option to verify their identity through an innovative combination of ‘Phone ID’ and biometric ‘Voice ID’ technology, making its authentication process simpler and more secure than ever.

26 April 2019

Company update/security

Fiserv pitches device-based authentication capabilities

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, has launched capabilities that enable financial institutions to enhance cybersecurity while improving the customer experience.

24 April 2019

Company update/security

FSS and QRails team on 3D Secure 2.0-enabled payments

FSS (Financial Software and Systems), a global payments technology company, and QRails Inc., a financial services technology company, have entered a partnership to provide next generation strong customer authentication to drive frictionless payments.

23 April 2019

News/Authentication

Banks have been the catalyst for Nordic digital identity success

In conversation with Finextra Research, Arkwright’s Frank Wunderlich and Signicat’s John Erik Setsaas discuss their new report which highlights how the Nordic region can now act as a blueprint for digital identity success and how banks are crucial for this positive result.

09 April 2019

Company update/Authentication

CULedger and Sherpa Technologies team up to integrate ID-Pal with MyCUID

CULedger, a credit union service organization (CUSO) that focuses on delivering the world’s premier network of one-to-one financial exchange for credit unions, has entered into a Letter of Understanding (LOU) to collaborate with Sherpa Technologies, a CUSO simplifying digital transformation solutions for credit unions, and ID-Pal, Sherpa’s exclusive identity verification solution partner.

12 March 2019

Company update/Authentication

Saudi Arabian ATM firm trials biometric and blockchain authentication tech

Alhamrani Universal (AU) the largest ATM provider in Saudi Arabia, has announced a partnership with ShoCard, the blockchain-based identity authentication platform, to develop a biometric ATM prototype that will enable consumers in the region to use their blockchain-based App and faces instead of personal identification numbers to withdraw money from cash points.

28 February 2019

News/security

Jumio introduces biometric video selfie identity proofing

In an interview with Finextra, Jumio’s president Robert Prigge explains the reasoning behind the firm's new 3D video selfie verification, which combines the enrollment and authentication phases of the identity proofing process.

12 February 2019

Company update/security

Central 1 integrates with SecureKey

Central 1, creating digital solutions that make everyday banking easier, today announces the launch of technology that allows financial institutions to offer SecureKey ConciergeTM, a single sign-on authentication service, to their members.

08 February 2019

Company update/Authentication

SafeCharge launches Identity Manager for digital ID

SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payments technology, today announced the launch of Identity Manager, an innovative solution for seamless automation of digital Identity Validation.

05 February 2019

Company update/Authentication

N26 goes live with Apple Pay in the UK

N26, Europe’s leading mobile bank, has today launched Apple Pay to its customers in the UK, providing them with an easy, secure and private way to pay.

05 February 2019

News/Authentication

Cryptoexchange assets locked after founder dies

Operators of Canada's biggest cryptoexchange are unable to access more than £100m in reserves after its founder died taking the passwords and recovery codes with him.

05 February 2019

News/Authentication

Metro customers hit by text-targetting attack

Metro Bank has fallen victim to a new type of cyber fraud that targets the codes sent via text messages used to verify transactions.

05 February 2019

News/security

Most UK banks failing to protect online customers with two-factor authentication

UK consumers' association Which? has hit out at much of the banking industry for failing to protect online customers with two-factor authentication (2FA).

31 January 2019

News/Authentication

TrueLayer celebrates Open Banking anniversary with API expansion to Germany

TrueLayer will now offer Deutsche Bank, Sparkassen, Commerzbank and other major German banks direct access to financial data following the first international move for the European API provider.

08 January 2019

News/Sibos

Swift Operations Forum Europe 2018, Amsterdam - Day 2 report

Cyber crime dominated conversation on day 2 of the Swift Operations Forum Europe (SOFE) 2018 - from examples of how hackers have evolved and the methods they now use, to how institutions can protect themselves and what organisations should do when the worst happens.

30 November 2018

News/Authentication

Bitcoin price plunge fails to dilute optimism for blockchain technology

On the day of the bitcoin nosedive to the lowest price seen in 2018, LendIt Europe 2018 attendees heard former chancellor of the exchequer George Osborne reveal that the idea of a globally accepted digital currency is being advocated in political circles.

21 November 2018

News/Authentication

N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

12 November 2018

Company update/security

PNC enlists Giact for identity verification

PNC Bank, National Association, announced today a strategic alliance with GIACT Systems, the leader in helping companies positively identify and authenticate customers.

06 November 2018

News/Authentication

Money 20/20 Day One: GDPR, AI and the art of conversation

Banking innovators and fintech disruptors have once again descended upon the Las Vegas Strip for another jam-packed Money20/20 US event, a four-day jamboree exploring the revolution of money in all its forms.

22 October 2018

Company update/Authentication

Fujitsu combines palm vein authentication with facial recognition for cashless payments

Fujitsu Laboratories Ltd. today announces development of a non-contact, integrated biometric authentication technology that can identify a person using only their palm vein and facial data.

04 October 2018