Biometrics

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The Future of Personal Identity: Opportunities and risks for banks

/security

The Future of Personal Identity: Opportunities and risks for banks

As Google and Facebook come under increasing scrutiny over consumer data privacy issues, Finextra's Future of Personal Identity 2019 report reveals new opportunities for banks to rebuild trust and take on the threat from Big Tech giants.

/payments

WebMoney launches VideoID

The WebMoney Transfer system has introduced a new video identification method - VideoID.

/security

Former HSBC chief information security officer Alison Vincent joins Cybertonica as technical advisor

Cybertonica, on the list of Europe’s top innovative growth firms using ML and AI in FinTech and payment risk prevention, has appointed Alison Vincent, PhD to the role of Technical Advisor to the Senior Management Team and the Board.

NatWest pilots biometric payment card

/Biometrics

NatWest pilots biometric payment card

UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints.

/security

Russian central bank recommends registration of customers’ biometrics in Unified Biometric System

The Bank of Russia issued recommendations for banks, which will allow them to upgrade and optimise the operational processes used to register citizens in the Unified System of Identification and Authentication (USIA) and the Unified Biometric System (UBS).

/security

Crif acquires majority stake in Inventia

CRIF – a global company specializing in credit and business information systems, outsourcing and processing services, and credit solutions - announces the acquisition of Inventia, an Italian company founded in Milan by Andrea Cinelli in 2012.

/Biometrics

Next Biometrics reports deal with East Asian card manufacturer

Next Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that it has signed an agreement with another Asian smart card manufacturer, which holds certifications by local and international payment brands, to launch contact-based and dual interface biometric smart cards in the region.

/security

W3C and Fido Alliance finalise Web authentication standards

The World Wide Web Consortium (W3C) and the FIDO Alliance today announced the Web Authentication (WebAuthn) specification is now an official web standard.

/regulation

Refinitiv partners Liquid on eKYC in Japan

Refinitiv is partnering with Japan’s Liquid, Inc. to streamline the electronic Know Your Customer (eKYC) process for the Japanese market.

/Biometrics

Saudi Arabian ATM firm trials biometric and blockchain authentication tech

Alhamrani Universal (AU) the largest ATM provider in Saudi Arabia, has announced a partnership with ShoCard, the blockchain-based identity authentication platform, to develop a biometric ATM prototype that will enable consumers in the region to use their blockchain-based App and faces instead of personal identification numbers to withdraw money from cash points.

/security

MUFG turns on biometric authentication with Nok Nok Labs

Nok Nok Labs (Nok Nok), the trusted leader in next-generation authentication today announced that its partner Hitachi, Ltd., successfully deployed the Nok Nok S3 Authentication Suite (NNL S3 Suite) at MUFG Bank, Ltd. (MUFG Bank), Japan's largest bank.

Taiwan's E SUN Bank deploys facial recognition ATMs

/security

Taiwan's E SUN Bank deploys facial recognition ATMs

Taiwan's E SUN Bank has teamed up with NEC Corporation to roll out ATMs featuring facial recognition technology.

/security

Gemalto places large-volume order with Fingerprint Cards

Fingerprint Cards' (Fingerprints) technology has been selected by Gemalto to bring additional performance to its next generation of dual interface payment cards.

/security

New Samsung Galaxy phones first to secure Fido biometric certification

The FIDO Alliance announced today that the Samsung Galaxy S10 and S10+ smartphones are the first products to feature certification from the FIDO Alliance’s new Biometric Component Certification Program.

/security

Russian central bank lays down security rules for protecting consumers biometric data

Methodological recommendations of the Bank of Russia regarding the mitigation of threats when working with the Unified Biometric System are based on the description of current threats specified in Bank of Russia Ordinance No. 4859-U, dated 09 July 2018.

/security

Fingerprints launches biometric software for payments

World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) announces its Biometric Software Platform for payments, named FPC-BEP, targeting payment cards, wearables and USB dongles.

CaixaBank rolls out facial recognition at the ATM

/security

CaixaBank rolls out facial recognition at the ATM

CaixaBank is offering customers the opportunity to use facial recognition technology rather than PIN codes to withdraw cash from ATMs.

/security

iProov showcases palm verification system

iProov, a leading provider of biometric authentication technology and genuine presence assurance, today announces the launch of its Palm Verifier product at Finovate Europe 2019.

Jumio introduces biometric video selfie identity proofing

/security

Jumio introduces biometric video selfie identity proofing

In an interview with Finextra, Jumio’s president Robert Prigge explains the reasoning behind the firm's new 3D video selfie verification, which combines the enrollment and authentication phases of the identity proofing process.

/security

Wirecard and Oney Bank implement biometric payments in Romania

Wirecard, the global innovation leader in digital financial technology, is working with Oney Bank to implement Well.com, a unique and innovative mobile application in Romania, which allows biometric authentication payment by fingerprint.

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