Biometrics

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/Biometrics

Voice Commerce recruits RBS WorldPay's Tim Reynolds as CTO

Voice Commerce, a UK-based biometric payment verification vendor, has recruited RBS WorldPay executive Tim Reynolds as chief technology officer as it looks to capitalise on its recently achieved payment institution status.

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Bank Leumi introduces biometric password re-sets for online banking

Israel's Bank Leumi is introducing a password re-set feature for online banking customers that is operated by voice biometrics.

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NAB ponders voice biometrics for m-banking

National Australia Bank (NAB) is preparing to replace SMS pass codes with biometric voice verification to secure its mobile banking customers, according to CIO Magazine, New Zealand.

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Voice Commerce wins Payment Institution license from the FSA

Voice Commerce, the UK-based biometric payment verification group established by former RBS WorldPay founder Nick Ogden, has received authorisation from the Financial Services Authority to establish as a Payment Institution under the European Payment Services Directive (PSD).

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Indian counterfeit currency concerns spell bonanza for branch automation vendors

Branch automation vendors operating in India stand to gain from new central bank proposals to counter a recent surge in the circulation of counterfeit bank notes.

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Hitachi unveils biometric vending machine

Japanese electronics giant Hitachi has unveiled a vending machine that uses biometric authentication technology to enable customer to make payments simply by placing their finger over a scanner.

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NAB introduces voice biometrics for phone banking

National Australia Bank (NAB) has introduced biometric voice verification for its telephone banking customers.

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UK ID cards may get chip and PIN

The UK government is considering adding chip and PIN technology to its controversial new ID cards in a bid to combat identity fraud.

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US banks sign up for biometric project

The US-based Financial Services Technology Consortium has launched a project to investigate the use of biometrics for verifying customer IDs.

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Dutch supermarket fingerprint payments plan shelved

Dutch supermarket chain Albert Heijn has shelved plans to use fingerprint scanning technology as an alternative to card and cash payments at the check-out after a six month trial failed to dispel security concerns.

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UK Government to bring 'branchless banking' to developing economies

The UK Government is pledging £1.4 million to spur the development of biometric and mobile phone-based banking in emerging economies in Asia and Africa.

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Barclays pilots Microsoft Surface in new flagship concept branch

Barclays Bank has become the first bank in Europe to pilot Microsoft's Surface technology at a groundbreaking new branch in London that takes its inspiration from leading retailers such as Apple and Nike.

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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.

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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.

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UAE banks to roll out iris scanning

Banks in the United Arab Emirates are reportedly set to introduce iris scanning technology at the ATM, following a recent surge in cash machine fraud across the country.

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HSBC rolls out facial recognition technology at data centres

HSBC is rolling out biometric facial recognition technology from OmniPerception at two UK data centres after a successful trial at its headquarters in Canary Wharf.

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Barclaycard chief predicts death of plastic cards

Plastic cards could be set to go the way of cheques and become virtually obsolete as customers take up mobile and biometric systems to pay for purchases, according to Barclaycard which is ramping up its investment in contactless payment technology.

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China Merchants Bank signs for PerSay voice authentication technology

China Merchants Bank (CMB) is implementing voice authentication technology supplied by Israel-based PerSay which it will use to verify the identity of customers calling its contact centres.

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Dutch supermarket pilots fingerprint payments

Dutch supermarket chain Albert Heijn is teaming with European payments processor Equens to test fingerprint scanning technology as an alternative to card and cash payments at the check-out.

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Diebold inks ATM deal with Brazil's Caixa

Brazil's Caixa Economica Federal (CEF) has contracted with US ATM manufacturer Diebold for the supply of 9600 cash machines.