Biometrics

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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.

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.

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