Latest Authentication News: Finextra Research

Tesco Bank facing £30m fine over cyber breach

The UK's banking watchdog is threatening to charge Tesco Bank £30m for its failure to prevent a cyber attacks that affected thousands of customers in 2016.

25 September 2018

News/Authentication

PKO Bank Polski to go live with blockchain project

Poland-based PKO Bank Polski has completed work on what it claims is the biggest client-facing blockchain implementation globally.

20 September 2018

Company update/Authentication

KeyBank to apply AI tech from Mastercard to make more informed authorisation decisions

Mastercard and KeyBank today announced that the bank will now use Mastercard Decision Intelligence™, a security solution that uses artificial intelligence (AI) to make more informed authorization decisions.

23 August 2018

Company update/Authentication

Entrust Datacard invests in CensorNet

Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, today announced that it has made a strategic investment in CensorNet, the complete cloud security company, to propel Entrust Datacard toward achieving real-time threat awareness with enhanced pattern analysis for continuous authentication capabilities.

31 July 2018

Company update/Authentication

Mypinpad ships mPOS authentication kit

MYPINPAD, the global leader in payment acceptance and authentication software solutions, today announces the launch of Open mPOS.

19 July 2018

Company update/Authentication

Pindrop unveils risk-based authentication system for call centres

Pindrop, the pioneer in voice security and authentication, today announced Pindrop® Express, a risk-based authentication solution with carrier embedded capabilities that can validate the customer’s phone number prior to the call arriving at the contact center.

20 June 2018

News/Authentication

Czech bank introduces voice biometrics for call centre customer authentication

The Czech Republic's largest bank, Česká spořitelna, has rolled out voice biometrics technology from Nuance Communications, enabling customers to identify themselves to call centre staff simply by speaking.

18 June 2018

News/Authentication

FNB lets customers open accounts with selfies

South Africa's FNB has revamped its mobile services, enabling consumers and businesses to open accounts within minutes by taking selfies.

18 May 2018

Company update/Authentication

Capital One buys digital identity outfit Confyrm

Startups are formed for many reasons — sometimes it is because there is a challenge that needs to be tackled, and it requires a scrappy little startup to prove that we can make a difference.

11 May 2018

News/Authentication

JPMorgan to roll out Voice ID; begins branch expansion

JPMorgan Chase is to begin using individuals’ unique voiceprints to identify customers who are calling to inquire about their credit card accounts.

20 April 2018

Company update/Authentication

Vasco boards blockchain bandwagon

VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in digital solutions including identity, security and business productivity, will demonstrate its cloud-based risk analytics capability, how organizations can enable a fully mobile onboarding experience, as well as an end-to-end loan closing process using blockchain technology.

17 April 2018

Company update/Authentication

Fido Alliance and W3C make progress in bid to eliminate passwords

The FIDO Alliance and the World Wide Web Consortium (W3C) have achieved a major standards milestone in the global effort to bring simpler yet stronger web authentication to users around the world.

11 April 2018

News/Authentication

Banco BNI Europa launches online account opening via videoconference

Lisbon-based online bank Banco BNI Europa is introducing an account opening process that encompasses video-conferencing with digital certification for document exchange.

27 March 2018

News/Authentication

DNB tests mobile passporting for international clients

DNB is experimenting with a mobile app that scans user passports and faces to identify customers from across borders for ID verification and digital onboarding.

02 March 2018

News/Authentication

Credit union consortium unveils DLT-based digital ID system

CULedger, a consortium of American credit unions exploring potential use cases for distributed ledger technology, has teamed up with DLT specialist Evernym on a digital identity system.

28 February 2018

Company update/Authentication

Online lender ID Finance bolsters security with beahvioural biometrics

ID Finance, the emerging markets fintech company, is incorporating behavioural biometrics into its AI-based fraud scoring engine to eliminate fraud, boost loan approvals and reduce the incidence of non-performing loans.

27 February 2018

Company update/Authentication

IdentityMind closes $10 million Series C

IdentityMind Global, the leader in Digital Identities You Can Trust, today announced that it has closed a $10 million Series C round of financing.

15 February 2018

Company update/Authentication

BME innovation dvision to apply voice recognition for contract signing

BME Inntech, BME's technology subsidiary, and Nuance Communications have reached a strategic agreement to apply its voice biometrics authentication technology to the signing of contracts and client incorporation processes.

14 February 2018

Company update/Authentication

Monetary Authority of Singapore introduces new guidance for remote customer onboarding

The Monetary Authority of Singapore (MAS) has issued new guidance to financial institutions (FIs) on the use of innovative technology solutions to facilitate safe, non-face-to-face customer on-boarding.

07 February 2018

Company update/Authentication

Arro Money partners Onfido for real-time KYC checks

Arro Money, a fast-growing provider of personal and business accounts, has partnered with the global identity verification provider, Onfido, to offer real-time ID verification and “Know Your Customer” (KYC) checks.

07 February 2018