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Faster Payments launches Trust Service to lower secure access costs

Faster Payments, the UK’s 24/7 real-time payment service, has launched a new Trust Service that will potentially cut the cost for challenger banks and others of obtaining the services that are essential to securely access the UK’s payments systems.

Central Bank of Bahrain debuts regulatory sandbox

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Central Bank of Bahrain debuts regulatory sandbox

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.

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ThreatMetrix and Gemalto forge digital ID and authentication partnership

ThreatMetrix, The Digital Identity Company and Gemalto, the world leader in digital security, today announced a new partnership to provide customers with the combined benefits of their leading authentication and digital identity solutions.

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InAuth expands into Asia Pacific

InAuth, a leading provider of digital device intelligence solutions for a mobile-first world, today announced its expansion into the Japan & Asia Pacific (JAPA) regions, bringing its device authentication tools into one of the fastest-growing regions for mobile transactions.

Twins fool HSBC voice biometrics - BBC

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Twins fool HSBC voice biometrics - BBC

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

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Credit union consortium to demo digital identities on distributed ledger network

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.

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HID Global ships mobile authentiction app

HID Global, a worldwide leader in trusted identity solutions, today announced a new app, HID Approve, which turns a mobile device into a handheld validation device or “authenticator” that verifies online access and transaction requests, such as digital banking transactions or corporate VPN access.

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TransferWise opens Asian hub in Singapore

We’re excited to announce that we’re launching TransferWise’s Asia-Pacific hub in Singapore.

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Equifax taps facial recognition for document verification

Equifax, the consumer and business insights expert, has launched a bespoke Document Verifier solution to provide faster identity authentication for financial product applications using facial recognition.

USAA licenses security technology to Indian software house

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USAA licenses security technology to Indian software house

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

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Nuance and BioCatch team up on biometrics-based fraud detection

Nuance Communications, Inc. today announced from the RSA Conference that it has partnered with BioCatch, the global leader in behavioral biometrics to deliver continuous authentication on the web and mobile as part of the Nuance Security Suite solution.

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Signicat expands eID coverage to the Netherlands with iDIN and DigiD

Signicat, the first and largest identity assurance provider in the world, now supports two new digital identities in the Netherlands, iDIN and DigiD, increasing its coverage of eIDs across Europe.

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Yapı Kredi enlists EyeVerify for eye biometrics-based mobile logins

Yapı Kredi, the first national private bank of Turkey co-owned by Koç Holding, one of the biggest conglomerates of Turkey, and UniCredit, the largest banking group of Europe, is the first bank in Europe to use Eyeprint ID for mobile login, and the first bank across the globe to offer Eyeprint ID for mobile banking login and cardless cash withdrawals.

Erste Bank rolls out video-based identification of new customers

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Erste Bank rolls out video-based identification of new customers

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.

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Boloro ships mobile debit authentication kit in South Africa

Boloro Global Limited, a New York City-based technology company known for its globally patented, multifactor mobile authentication technology and mobile payment platform, has launched the first in a series of new, global products in South Africa to help eliminate fraud.

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

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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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Raiffeisen Switzerland secures online banking with Vasco

Vasco Data Security International, Inc. (NASDAQ: VDSI), a global leader in digital solutions including identity, security and business productivity, announced today that Raiffeisen Switzerland has implemented VASCO’s CRONTO® technology to secure its e-banking customer transactions. CRONTO technology is often referred to as PhotoTAN in Switzerland and Germany.

Citi fintech unit taps agile methodologies to craft new mobile app

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Citi fintech unit taps agile methodologies to craft new mobile app

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

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Visa to acquire Cardinal Commerce

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

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Leumi Card turns to behavioural biometrics for app user authentication

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.

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