Biometrics

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Mastercard trials biometric cards in Mexico

/Biometrics

Mastercard trials biometric cards in Mexico

Mastercard is teaming up with prepaid specialist Edenred and the Mexican state of Sonora to trial the use of cards with embedded fingerprint sensors for benefit programme disbursement.

/Biometrics

TagNitecrest begins manufacture of biometric payment cards in the UK

North West based, plastic card manufacturer, Nitecrest Group, are pioneering new Biometrics technology creating some of the first wave of fingerprint activated payment cards.

/security

DBS to ditch physical tokens for corporate log-in

DBS Bank today announced that it will be providing a higher level of security and a better user experience to more than 200,000 of its corporate and SME customers on DBS IDEAL, the bank’s online banking platform for corporate and SME customers.

/security

Santander introduces voice and phone ID authentication for UK phone banking

Santander has today announced plans to offer telephone banking customers the option to verify their identity through an innovative combination of ‘Phone ID’ and biometric ‘Voice ID’ technology, making its authentication process simpler and more secure than ever.

/security

NatWest begins customer pilot of biometric card

The first biometric fingerprint card issued by a UK bank enters circulation today. As part of a national trial NatWest is piloting cutting edge, biometric fingerprint technology with 200 customers.

/security

Citi introduces biometric authentication for business clients in Asia Pacific

Citi’s institutional clients in China, India, Singapore, Thailand and Vietnam can now use fingerprint or facial recognition to access their CitiDirect BE® Mobile App, Citi’s award-winning digital banking platform for institutions on mobile.

/security

EMVCo, Fido Alliance and W3C form web payments interest group

The FIDO Alliance, EMVCo, and the World Wide Web Consortium (W3C) announced today the creation of a new Interest Group for organizations to collaborate on a vision for Web payment security and interoperability.

Stripe buys Touchtech ahead of new EU online authentication rules

/devops

Stripe buys Touchtech ahead of new EU online authentication rules

Stripe is gearing up for new EU-wide ecommerce transaction authentication rules by buying Irish biometrics specialist Touchtech Payments. Terms of the deal were not disclosed.

/security

NatWest introduces biometric approval for business payments

NatWest has today announced the launch of a new biometric payment approval feature, which allows business and commercial banking customers to make payments of any size through their Bankline Mobile app using Face ID or Touch ID, without the need for a card reader – a UK banking first.

/Biometrics

Sberbank to acquire controlling interest in biometrics firm Speech Technology Center

Sberbank, Gazprombank and Digital Horizon announce that Sberbank has agreed to acquire a 51% stake in Speech Technology Center (STC) from Gazprombank. Digital

Banks have been the catalyst for Nordic digital identity success

/Biometrics

Banks have been the catalyst for Nordic digital identity success

In conversation with Finextra Research, Arkwright’s Frank Wunderlich and Signicat’s John Erik Setsaas discuss their new report which highlights how the Nordic region can now act as a blueprint for digital identity success and how banks are crucial for this positive result.

/security

EquensWorldline adds fingerprints and FaceID to authentication options

equensWorldline, subsidiary of Worldline [Euronext: WLN], European leader in the payments and transactional services industry, has expanded its Trusted Authentication solution by adding fingerprint and faceID security options.

/security

Veridium joins Mastercard Start Path programme

Veridium, a leading developer of frictionless authentication solutions, today announced that it has been selected to join Mastercard Start Path, an award-winning program to help late-stage startups rapidly scale, through access to Mastercard’s worldwide ecosystem of customers and partners.

/security

ValidSoft names Tom Hohman VP, sales, Central and Eastern US

ValidSoft, a voice biometric and multi-factor authentication SaaS company today announced the appointment of Tom Hohman as Vice President of Sales for the central and eastern regions of the US.

Manchester to be test bed for finger vein payments

/payments

Manchester to be test bed for finger vein payments

Manchester has been chosen as the global launch city for finger vein payments system, Fingopay.

/security

DKB melds biometrics and 3D-Secure for online payments

The software company Netcetera, market leader for 3-D Secure in the DACH region, together with the Deutsche Kreditbank AG (DKB) has modernized the 3-D Secure process for its customers and integrated the payment approval via biometrics.

/security

Next Biometrics wins contract to integrate fingerprint sensor into Basewin POS terminals

NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, announces that Shanghai Basewin Technology Co., Ltd. has started to integrate its Aadhaar-certified fingerprint sensor modules into Point-of-Sale (POS) terminals. First volumes of the NEXT NB 2023 modules have been shipped.

Money 20/20 Asia Q&A: Onfido’s Husayn Kassai on fixing identity services

/ai

Money 20/20 Asia Q&A: Onfido’s Husayn Kassai on fixing identity services

Husayn Kassai, CEO and co-founder of Onfido, spoke to Finextra Research at Money 20/20 Asia in Singapore about the broken identity verification process, the role of machine learning in this space and the benefits of a pan-Asian KYC plan for identity services.

Money 20/20 Asia Q&A: ForgeRock’s Linden Dawson on identity services showstoppers

/security

Money 20/20 Asia Q&A: ForgeRock’s Linden Dawson on identity services showstoppers

Linden Dawson, APAC customer success manager at ForgeRock, took to the stage at Money 20/20 Asia in Singapore to discuss the evolution of biometric technologies and how industry players are forced to weigh up the security vs. convenience paradox. Following the panel session, Finextra caught up with Dawson to ask how identity initiatives are being implemented in Australia and Southeast Asia, with respect to cultural issues and data management.

Banks of the future must maintain human touch

/Biometrics

Banks of the future must maintain human touch

Technology has the potential to create seismic waves of change through banking that will alter consumer habits, but the industry will need to work hard to maintain trust and to ensure some customers are not left behind, says a report from UK bank CYBG.

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