Biometrics

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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.

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.

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