Biometrics

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White hat hackers expose huge biometric security breach

/Biometrics

White hat hackers expose huge biometric security breach

Privacy researchers at vpnmentor have uncovered a huge data breach in security platform Biostar 2, a centralised biometric access control system used by UK police forces and major banks.

Shinhan Card tests Face Pay

/Biometrics

Shinhan Card tests Face Pay

Korea's Shinhan Card group has begun testing a facial recognition-based payment system within the company's canteen and onsite convenience store.

/ai

IDnow goes international with AutoIdent

IDnow, a leading provider of solutions in ‘identity verification as a service’, boasts more than 250 customers. Among them are such widely recognised companies as N26, Commerzbank and UBS.

/security

ID R&D introduces facial liveness detection

ID R&D, the award-winning biometrics technology provider offering AI-based voice and behavioral biometrics and voice and face anti-spoofing technologies, today announced the release of the industry’s first production-ready, wholly passive facial liveness detection capability, IDLive FaceTM.

/Biometrics

Fingerprints and Giesecke + Devrient collaborate on biometric payment cards

World-leading biometrics company, Fingerprint Cards (Fingerprints™) and Giesecke + Devrient Mobile Security (G+D), a global mobile security technology company, are collaborating to bring contactless biometric payment cards to the market.

Sydney could use facial recognition for public transport payments

/payments

Sydney could use facial recognition for public transport payments

Sydney's commuters could soon ditch their contactless cards and pay for journeys with their faces, predicts the New South Wales transport minister.

/inclusion

Wirecard strikes deal with YES Bank

Wirecard, the global innovation leader for digital financial technology, announced today a partnership with YES BANK, India’s fourth largest private sector bank, to continue driving financial inclusion in the country.

/security

Daon and CTMS form digital onboarding partnership

Daon, a global leader in biometric identity technology, and CTMS, a digital onboarding and anti-fraud specialist, announced today a partnership agreement in France and other French-speaking countries.

/Biometrics

TZero launches cryptocurrency app

TZero, the global leader in blockchain innovation for capital markets, through its tZERO Crypto unit, has launched its digital wallet and exchange services app (the “tZERO Crypto App”) for cryptocurrencies.

/security

Credit Agricole trials biometric payment cards

Mastercard is working with Crédit Agricole Payment Services on a biometric card pilot for 200 customers in Touraine and Poitou, who will trial the card which features an integrated fingerprint sensor.

NatWest introduces selfie-powered current account opening

/ai

NatWest introduces selfie-powered current account opening

NatWest customers can now open a current account within minutes on their phones simply by taking a selfie.

/payments

Wirecard unveils palm scanner

Wirecard, the global innovation leader for digital financial technology, is reinforcing its position as a pioneer and trendsetter for cashless shopping solutions.

Money 20/20 Europe 2019 Q&A: Rabobank’s Nico Strauss and Signicat’s John Erik Setsaas

/Biometrics

Money 20/20 Europe 2019 Q&A: Rabobank’s Nico Strauss and Signicat’s John Erik Setsaas

Following their panel on why KYC is seen as a necessary evil, Finextra spoke to Nico Strauss, Tribe Lead B2B services at Rabobank and John Erik Setsaas, VP of Identity and Innovation at Signicat about how KYC could be used for social good, why digital identity is crucial for vulnerable groups like migrants and the impact of PSD2.

/Biometrics

Fingopay adopts Cardstream's Open payment network

Fingopay, the biometric payment solution using VeinID technology, has today announced the adoption of Cardstream’s Open Payment Network to support its growth and expansion in the UK.

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

/ai

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

On the final day of Money 20/20 Europe 2019 in Amsterdam, Jesse McWaters, financial innovation lead at the World Economic Forum starts the day discussing the interplay of AI, cloud, blockchain and quantum computing, and what happens when it all collides.

Payment firms raise fears over EU security rules

/Biometrics

Payment firms raise fears over EU security rules

A lack of preparedness for the EU's new regulations on authentication could cost Europe's online economy more than €50bn according to a number of payment processors and e-commerce merchants.

/security

Next Biometrics CEO Ritu Favre to resign

NEXT Biometrics Group ASA (Oslo Bors: NEXT) announces that Ritu Favre will resign from the position of chief executive officer, effective July 28, 2019 in best mutual consent to pursue another professional opportunity.

/security

Next Biometrics and Newland to deliver biometric POS

NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, announces that it has entered into a supply agreement with Fujian Newland Payment Technology Co., Ltd. (Newland).

Brits wary of new banking tech, despite high demand

/Biometrics

Brits wary of new banking tech, despite high demand

Brits expect their banks to deliver the latest technology to them but are less likely to rush to use it, suggests a survey from ING.

Microsoft Build 2019: What stands out for fintech developers?

/devops

Microsoft Build 2019: What stands out for fintech developers?

Thousands of developers, software engineers and students gathered at Microsoft Build 2019 to learn about the latest advances across technologies critical to the future of banking, such as artificial intelligence, blockchain, the Internet of Things and Mixed Reality for cloud or edge computing.

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