Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

MasterCard trials selfie payments in the Netherlands and US

MasterCard is embarking on two pilots, one in the US and one in the Netherlands, which use facial recognition technology for payment verification.

18 August 2015

Company update/Biometrics

HID Global integrates biometrics and contactless smart card readers

HID Global, a worldwide leader in secure identity solutions, today announced that it has integrated the company’s Lumidigm biometrics technology with its widely deployed Omnikey contactless smart card readers to simplify identity validation for citizen ID and many financial, healthcare and other commercial applications.

18 August 2015

News/Biometrics

TD, MasterCard and Nymi pilot heartbeat-authenticated contactless payments

Canada's TD Bank, MasterCard and tech firm Nymi have completed what they claim is the world's first wearable contactless credit card payment to authenticate the user through their heartbeat.

11 August 2015

News/Biometrics

Taiwan bank trials face-recognition ATM

Taiwan's CTBC Bank has launched a pilot version of an ATM that uses both facial recognition and finger-vein scanning to verify identity.

10 August 2015

News/Biometrics

ING Bank introduces voice-activated mobile payments

ING Bank in the Netherlands is introducing voice-activated payments through its mobile app, enabling customers to authorise transactions by conversing with a virtual assistant on their phone.

29 July 2015

Company update/Biometrics

Fiserv to offer Fujitsu biometric tech for account holder verification

Fujitsu Frontech North America Inc., a global technology and front-end solutions provider, announced today that Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, has signed an agreement that will allow them to integrate Fujitsu’s PalmSecure biometric technology into the DNA account processing platform from Fiserv.

27 July 2015

Company update/Biometrics

MasterCard opens UK digital security lab to the public

MasterCard today opened its digital security facility to its customers, driving further collaboration on key issues that can deliver greater payments peace of mind.

23 July 2015

Company update/Biometrics

NXT-ID files patent for personalised token payments

NXT-ID, a biometric authentication company focused on the growing mobile commerce market and creator of the Wocket® smart wallet, announces that it has filed provisional patent 62/192218 for Personalized Tokenization System and Method.

22 July 2015

News/Biometrics

French card fraud rates fall

For the first time in more than a decade, the fraud rate for card transactions in France fell slightly last year, new figures show.

13 July 2015

Company update/Biometrics

American Express redesigns mobile app; adds Touch ID

American Express today announced the redesigned U.S. Amex Mobile app for iPhone and Android.

09 July 2015

News/Biometrics

Mobile banking biometrics gains traction

Banks are rapidly adopting biometrics as an authentication method for mobile services and are willing to cooperate to provide customers with a common interface, according to a survey from the Mobey Forum.

02 July 2015

Company update/Biometrics

Citi revamps iPhone app

Citi announced today the release of its completely redesigned Citi Mobile® App for iPhone® in the U.S. The new app for consumer banking and credit card customers enables the use of the Touch ID feature on iPhone devices, integrates with Apple Watch™ and adds new features responding to customer feedback and changing behaviors.

01 July 2015

News/Biometrics

Singapore pledges S$225m to fintech

Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech.

01 July 2015

News/Biometrics

Wells Fargo to usher in voice and facial biometrics for mobile corporate access

Wells Fargo is to pilot a fusion of voice and face biometrics to authenticate mobile users of its Commercial Electronics Office (CEO) portal.

26 June 2015

Company update/Biometrics

OceanFirst Bank integrates Touch ID into iOS app

OceanFirst Bank, the largest and oldest community bank headquartered in Ocean County, N.J., is working with Digital Insight, an NCR company, to offer OceanFirst Bank customers Touch ID functionality with its mobile banking application.

23 June 2015

News/Biometrics

Russian man embeds transit chip in own hand

A Russian engineer has sliced open his own hand and embedded a transit chip under the skin to speed up his daily commute.

19 June 2015

News/Biometrics

Eastern Bank rolls out voice authentication tech at call centre

In a North American first, Eastern Bank is replacing security questions with voice biometric authentication for customers calling its service centre.

19 June 2015

Company update/Biometrics

Mitek completes IDchecker acquisition

Mitek today announced that it has completed the acquisition of IDchecker, a global provider of cloud based identity document verification and facial recognition solutions.

18 June 2015

Company update/Biometrics

Supermarket chain BonPreu implements Dinube mobile payments system

Dinube, Europe’s first payment network that enables consumers to replace credit/debit cards with their smartphones, announces the latest rollout by the $1BN European supermarket chain BonPreu.

17 June 2015

News/Biometrics

One in four would share DNA with their bank to secure personal information

Most people who use mobile banking apps want to tap biometrics, rather than passwords, to access their accounts, according to research from Oz telco Telstra which also shows that a quarter of respondents would even share their DNA with their banks if it boosted security and ease of access.

16 June 2015