Latest Biometrics News: Finextra Research

NatWest tests behavioural biometrics for Strong Customer Authentication

In a move that could signal the beginning of the end for passwords, NatWest is teaming up with Visa to test the use of behavioural biometrics for the upcoming Strong Customer Authentication (SCA) rules.

15 June 2020

News/retail

CaixaBank to roll out facial recognition ATMs across Spain

Caixabank is embarking on a project to roll out facial recogntion technology at 100 ATMs throughout Spain, enabling users to make withdrawals without using a PIN code.

10 June 2020

News/retail

DBS customers can now see what they may look like when they reach retirement age

DBS Hong Kong is introducing a new retirement planning tool that paints a visual portrait of what customers will look like when they reach their golden years.

09 June 2020

Company update/crypto

Indian cryptoexchange CoinDCX taps Onfido for KYC and onboarding

CoinDCX, India’s largest and safest cryptocurrency exchange, announced a partnership with global identity verification and authentication company Onfido, to digitally automate CoinDCX’s entire KYC process while making it faster than ever.

04 June 2020

News/payments

Google tests voice confirmation for payments

Google is piloting a feature that lets people authorise purchases with their voice through its Assistant tool.

27 May 2020

News/crypto

LG CNS trials pay-by-face with digital currency

South Korea's LG CNS is trialling a pay-by-face system at its staff cafeteria that uses AI, blockchain and cloud technology to let people pay with a special "community currency".

23 April 2020

News/identity

Mizuho Bank to build and test Digital ID

Mizuho Bank has begun proof-of-concept trials of Digital ID based on device location and facial recognition to improve online banking authentication and ongoing customer due diligence.

14 April 2020

Company update/identity

Sony Bank picks OneSpan mobile security suite

OneSpan (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Sony Bank is protecting its mobile banking transactions with OneSpan’s Mobile Security Suite.

02 April 2020

Company update/identity

Daon to provide biometric onboarding for digital banking startup Tonik

Daon, a global leader in biometric identity technology, today announced that it will deliver onboarding and mobile biometric authentication solutions to TONIK Digital Bank Inc (TONIK), the first digital-only bank in Southeast Asia.

18 March 2020

News/security

HSBC sings the praises of Voice ID

HSBC claims that the introduction of voice biometrics at its call centres has prevented almost £400 million of customers’ money from falling into the hands of telephone fraudsters in 2019.

16 March 2020

News/regulation

Transformative regulation finds its feet in 2020

The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.

06 March 2020

News/Biometrics

Pope weighs in on AI ethics debate

The Pontiff is the latest public figure to offer an opinion on the ethics of using artificial intelligence (AI), issuing a set of principles on the use of new technology.

28 February 2020

Company update/security

Idex Biometrics appoints new CEO

IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has appointed Vince Graziani as new CEO effective 27 February 2020.

27 February 2020

Company update/security

Amaiz to introduce voice biometrics in partnership with ValidSoft

Amaiz, the banking and bookkeeping service for small businesses owners, has announced its partnership with ValidSoft, the company at the leading edge of voice biometric technology, a solution that secures all transaction channels.

13 February 2020

Company update/payments

Fingopay carries out bank-to-bank finger vein ID transaction

The biometric VeinID platform, Fingopay, has announced it is trailing a strategic open banking retail pilot with payments company Reflow, which has enabled the fintech to successfully complete the world’s first bank-to-bank, face to face payment using Finger VeinID.

12 February 2020

Company update/security

Mitek claims spoof-proof breakthrough in facial recognition

Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in digital identity verification solutions, today announced new innovation in its Liveness Detection feature.

10 February 2020

Company update/Biometrics

Veridium rolls out facial recognition tech and behavioural biometrics product

Today, authentication platform Veridium launches its proprietary facial recognition technology, vFace.

04 February 2020

News/regulation

How banks can modernise processes to comply with regulations

In a post-financial crisis world, financial institutions are under pressure to transition from using the London Interbank Offered Rate (LIBOR) to the new Sonia rate, that is overseen by the Bank of England.

30 January 2020

News/payments

Amazon working to connect credit card information to your hand

Amazon is attempting to turn your hand into a credit card, according to the Wall Street Journal.

20 January 2020

Company update/security

BBVA joins forces with Nok Nok Labs to boost the use of biometric authentication in mobile banking

BBVA has partnered with the authentication solutions company Nok Nok Labs — one of the driving forces behind the new FIDO (Fast Identity Online) standard aimed at strengthening the security of biometric systems on mobile devices.

14 January 2020