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Contego gets the nod for Open Banking ID checking

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Contego gets the nod for Open Banking ID checking

The UK's Open Banking Implementation Entity has selected Contego to run ID checks and verify the bona fides of users accessing personal account data for third party development work.

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Yes Bank to offer ATM withdrawals using Aadhaar ID and biometric authentication

Nearby Technologies has partnered with YES BANK, India’s 5th largest private sector bank and worked closely with National Payments Corporation of India (NPCI) to launch a card less and PIN-less Aadhaar ATM service.

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HYPR joins Mastercard Start Path programme

HYPR Corp., the leading provider of enterprise-facing decentralized authentication solutions, announced today that it has received strategic investment from Mastercard and has been named to the latest class of Mastercard Start Path – a global initiative to support innovative companies with the potential to reshape the future of commerce to achieve scale.

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Fido Alliance launches European working group

The FIDO Alliance today announced the launch of a FIDO Europe Working Group to accelerate the use of FIDO authentication standards in Europe.

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US Bank to use geolocation to authorise card transactions

Just in time for the holiday season, U.S. Bank has added location services to the U.S. Bank Mobile App, offering U.S. Bank Visa credit and debit card customers technology that uses their phones’ location to help verify whether their mobile devices and credit or debit card are in the same location.

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FS firms failing to fully implement cross-channel authentication management

Nice Actimize, a Nice (Nasdaq:NICE) business, has released a joint survey with PwC today which outlined the state of omni-channel authentication strategies at financial services organizations (FSOs), observing that only 28 percent of FSOs have fully implemented cross-channel authentication management.

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National Bank of Canada joins SecureKey digital identity network

SecureKey Technologies, a leading provider of federated identity and authentication solutions, is pleased to announce that National Bank of Canada, one of Canada's domestic systemically important banks has joined their network of leading Canadian organizations to develop a new digital identity and attribute sharing network built on blockchain technology.

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Peer Mountain unveils distributed system of trust

Peer Mountain will officially unveil the world's first peer to peer self-sovereign identity, compliance and commerce delivery solution, empowering consumers with ownership of their data and control over who they trust to access it without the need for third party involvement.

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Pegasystems brings full digitisation to onboarding and KYC

Pegasystems Inc., the software company empowering customer engagement at the world’s leading enterprises, today announced the integration of new facial recognition and identification capabilities within its Pega Know Your Customer (KYC) and Pega Client Lifecycle Management (CLM) applications.

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HYPR Corp closes $8m Series A funding round

HYPR Corp., the leading provider of enterprise facing decentralized authentication solutions, is announcing it has closed an $8 million Series A round of funding led by RRE Ventures.

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Pindrop updates voice security tech

Pindrop, the pioneer in voice security and authentication, today released Pindrop® Protect 4.0. At the centre of Protect 4.0 is the newly released hi-def, next generation PhoneprintingTM 2.0 technology.

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Trustonic underpins Korean national certification platform

As the means of authentication become more diverse and the need for more convenient financial services grows, the Korean Accredited Certification Authority (Koscom SignKorea) is building a ‘United Authentication Platform’ to streamline and secure online authentication for end users of services from securities firms, banks and credit card issuers.

iPhone X gets Face ID for Apple Pay

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iPhone X gets Face ID for Apple Pay

Apple has ditched Touch ID for Face ID in its new iPhone X, enabling users to authenticate themselves - including for Apple Pay and apps that support the feature - simply by looking at their handsets.

Belgian banks bid to banish passwords with itsme app

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Belgian banks bid to banish passwords with itsme app

Belgium's major banks and mobile network operators have joined forces to create an app that lets people replace their various online usernames and passwords with a single code or fingerprint.

Alipay 'Smile to Pay' tech comes to Chinese KFC

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Alipay 'Smile to Pay' tech comes to Chinese KFC

KFC has rolled out Alipay's facial recognition technology at a restaurant in the Chinese city of Hangzhou, enabling hungry patrons to pay for their chicken with a smile and their mobile phone number.

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FIS and Equifax unveil OnlyID

FIS (NYSE: FIS), a global leader in financial services technology, and global information solutions company Equifax® (NYSE: EFX) have teamed up to improve consumer experiences by bringing new levels of convenience and security to consumers challenged with maintaining multiple usernames and passwords to protect themselves from financial fraud and identity theft.

Credit Union Australia signs up for DigitaliD

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Credit Union Australia signs up for DigitaliD

Australia's largest credit union, CUA, and foreign exchange outfit Travelex are among the first four companies to adopt a new digital identity platform from Australia Post, which allows consumers to verify who they are without needing multiple forms of identification.

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DFS Lab invests $250,000 in four African fintechs

Digital Financial Services Lab (DFS Lab) today announced it would invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and Teller, (based in the United States), were each selected for financing after presenting their products at DFS Lab's Fintech BootCamp in Sri Lanka earlier this year.

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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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