Latest Authentication News: Finextra Research

Vietcombank secures corporate online customers with Gemalto

Bank for Foreign Trade of Vietnam (Vietcombank) is rolling out EMV CAP compliant card readers from Gemalto to its corporate Internet banking customers.

07 April 2009

News/Authentication

Norwegians get mobile phone-based online banking login system

A new system that lets customers use their mobile phones to log onto online banking accounts has been launched in Norway.

23 March 2009

News/Authentication

Cryptomathic sues BBS for patent infringement

Security vendor Cryptomathic has filed a lawsuit in Oslo against Norway's BBS alleging patent infringement relating to the use of digital mobile signatures for Internet banking applications.

11 March 2009

News/Authentication

Spain's Caja de Extremadura rolls out Vasco authentication technology

Spain's Caja de Extremadura is rolling out EMV CAP compliant card readers from e-security outfit Vasco to its Internet banking customers.

25 February 2009

News/Authentication

Finextra launches Innovation Showcase

Finextra has launched the Innovation Showcase, a new feature on Finextra.com highlighting the most innovative financial technology developments over the past 12 months. Across a broad range of categories it showcases technologies that demonstrate uniqueness and impact, clever ways of solving a problem and projects at the leading edge of new industry trends.

11 February 2009

News/Authentication

Banque Populaire to issue Xiring card readers to Internet banking customers

Banque Populaire in France is to equip 400,000 customers with Xiring's Xi-Sign card authentication reader for securing online banking and e-commerce.

26 January 2009

News/Authentication

Banks must ditch standard security questions - Symantec

Banks are putting their customers at risk by using standard security questions, such as mother's maiden name, to confirm identities online or over the phone, according to Symantec.

22 January 2009

News/Authentication

Metrobank selects IBM for online banking authentication

Philippines-based Metrobank has contracted with IBM for the implementation of a two-factor authentication system, using Vasco security tokens, for its online customers.

19 January 2009

News/Authentication

Aladdin agrees to private equity buy-out, merger with SafeNet

Nasdaq-listed Israeli authentication technology vendor Aladdin Knowledge Systems has agreed to a $160 million takeover by a group led by private equity firm Vector Capital. The company will be merged with SafeNet, another of Vector Capital's portfolio companies.

12 January 2009

News/Authentication

US Federal agency urges authentication of all consumer accounts

The Federal Trade Commission is calling on the US Government to extend two-factor authentication standards deployed by banks to all private sector organisations that maintain consumer accounts, in a bid to combat rising levels of ID fraud.

19 December 2008

News/Authentication

Co-op to issue Xiring card readers to online banking customers

Co-operative Financial Services has contracted with French vendor Xiring for the supply of 300,000 Chip and PIN authentication card readers which it will roll out to online banking customers.

18 December 2008

News/Authentication

German card data sent to newspaper on microfilm

Microfilm containing the credit card details of tens of thousands of Germans has been anonymously sent in the post to the Frankfurter Rundschau newspaper.

17 December 2008

News/Authentication

Visa introduces SMS one-time passwords for online shopping

Visa has partnered with banks in China and Taiwan to introduce an SMS-based one-time password system for cardholders to authenticate themselves when making online purchases.

17 December 2008

News/Authentication

Russia's Alfa-Bank rolls out Aladdin authentication devices

Russia's Alfa-Bank has rolled out 20,000 USB smartcard authentication devices from Aladdin Knowledge Systems to its online banking customers.

15 December 2008

News/Authentication

Voice Commerce launches biometric payments system for TV advertisers

UK start-up Voice Commerce Group has launched a payments processing service for TV and IPTV advertisers that lets customers phone up and buy products by 'signing' for the transaction with their voice.

15 December 2008

News/Authentication

ID theft fears drive support for biometric verification

Over two thirds of people would be willing to undergo fingerprint scans to verify their identities when dealing with banks and government organisations, according to a global survey from Unisys.

09 December 2008

News/Authentication

UK online bankers think security threat is rising - survey

Over 60% of Brits who bank online believe they face a greater security threat now than when they first signed up to the service, according to a poll for vendor Xiring.

26 November 2008

News/Authentication

PayPal introduces SMS-based authentication

Person-to-person online payments outfit PayPal has introduced an optional SMS text message-based two factor authentication system for customers logging into their accounts.

24 November 2008

News/Authentication

Commerzbank to deploy Cronto mobile phone-based authentication technology

Germany's Commerzbank has deployed technology from UK vendor Cronto that enables online banking customers to authenticate transactions by taking a photo of their PC screens with their mobile phones.

13 November 2008

News/Authentication

Gemalto releases mini online banking authentication device

European smart card vendor Gemalto has launched an ultra-thin credit card-sized authentication device for online banking customers.

30 October 2008