News about Biometrics.
August 9th, 2016
Customers of the Commercial Bank of Qatar will soon have the chance to withdraw cash from ATMs via biometric scanning. “Implementation of this technology means customers will be able to access their account at Commercial Bank ATMs where finger vein scanners are installed,” the bank says. The technology will also be extended to allow corporate and VIP customers access to their internet banking accounts.
August 9th, 2016
Samsung Pay users will soon be able to secure purchases by scanning their eyes with the Galaxy Note 7, the latest addition to the Korean phone-maker’s pen-oriented line up.
July 29th, 2016
Global revenues for biometric banking technologies are expected to top US$4bn by 2021, ABI Research has revealed. “Biometric market hype is shifting away from consumer electronics and toward biometric banking technologies that appeal to millennials,” the firm says. “Ease of transaction, increased security and greater user experience are the top tier features that attract customers to biometric banking.”
July 28th, 2016
Microsoft is to extend its Windows Hello biometric authentication solution into apps and websites via the Microsoft Edge browser. “Beyond the hardware, Windows Hello will also give you instant access to paired apps and protected websites on Microsoft Edge — all while maintaining enterprise-level security,” Microsoft says. The update forms part of the company’s Windows 10 Anniversary Update.
July 27th, 2016
The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards.
July 21st, 2016
Motorists using the GC Express gas station in Caro, Michigan, are being offered a free coffee or drink whenever they pay for fuel purchases of US$10 or more with Team One Credit Union’s mobile banking app.
July 19th, 2016
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has released an updated version of Mobiquity Wallet, a digital wallet platform that launched in March 2014 with support for QR codes, Bluetooth, NFC and host card emulation (HCE).
July 18th, 2016
Brazilian consumers can now sign up to mobile and online only bank Neon by taking a selfie with their mobile phone. “Instead of authenticating with a username and password, customers will take a selfie to use facial biometrics,” technology provider Daon says. “Customers will be issued two Visa branded debit cards. The physical card will be used for POS purchases at retail locations while the virtual card will be used for online purchases. Customers will use facial recognition to access their account and to perform additional transactions, such as transfers and payments.” The service makes use of Daon’s IdentityX platform.
July 14th, 2016
PARTNER NEWS: Digital security giant Gemalto is to supply its Ezio Mobile Suite to financial solutions provider Dai Nippon Printing (DNP) to help the company secure mobile payments, internet banking and related services in Japan. “With Gemalto’s solution, DNP can offer a strong and scalable cloud-based authentication platform, supporting a wide range of authentication and transaction signing methods, including biometric, one time password and out-of-band,” Gemalto says. DNP selected Gemalto to roll out mobile payment solutions to its customers in October 2015.
July 14th, 2016
More than two thirds (68%) of European consumers want to use biometrics as a method of payment authentication, research from Visa reveals, and 73% see two-factor authentication as a secure way to confirm an account holder’s identity.
July 12th, 2016
EMVCo and the Fido Alliance have signed a memorandum of understanding (MoU) to review how Fido authentication standards can support EMV payment use cases. “A key aim of the initiative is to investigate providing simpler and stronger authentication for cardholders making mobile payments using on-device authenticators such as biometrics,” EMVCo says. “Initial activities will explore how Fido’s authentication protocol can be used to support EMVCo’s cardholder verification technology.”
July 12th, 2016
Employees at NEC Corporation’s head office in Tokyo are trialling the use of facial recognition to authenticate purchases made in small shops inside the building. The trial began in June 2016 and will run until August as part of NEC’s efforts to “apply its biometrics authentication technologies to a range of services including cashless payment”.
July 6th, 2016
A 29-page white paper that explores the payment industry of Bangladesh and includes a detailed examination of its current systems, the evolution of alternative payment methods and the uptake of NFC, tokenization and EMV is now available to download from the NFC World+ Knowledge Centre.
June 20th, 2016
LG U+ is to release a new service in August that uses biometric authentication for mobile shopping and banking transactions based on the storage of “personal biometric information in universal subscriber identity modules (USIMs),” according to Business Korea. “The platform is to be used for combination of users’ biometric information, such as fingerprint data and iris data, with the mobile carrier’s subscriber and billing information so that one-stop authentication can become possible,” the publication reports. The service will make use of Fido standards.
June 16th, 2016
More than 200 products from global technology leaders are now Fido certified, the Fido Alliance has revealed. “This represents a 100% increase since the start of 2016,” the organisation says. “These latest certifications include the first Fido certified products that support Bluetooth for wireless strong authentication.” Fido was launched in 2013 as an open security authentication concept to replace passwords with a range of methods such as biometrics. Support for Bluetooth Low Energy (BLE) and NFC was added in July 2015.
June 15th, 2016
Samsung Pay has launched in Australia with support from American Express and Citibank. The service is available for those with compatible Samsung smartphones, with specific availability varying by local operator.
June 6th, 2016
Microsoft is to open up its Windows Hello biometric authentication solution so users can unlock a Windows 10 PC or laptop with a wearable device, the company announced during a keynote at Computex in Taiwan. “The head of Microsoft’s Windows Interact division, Li-Chen Miller, demonstrated the technology using the Nymi Band,” CNET reports. “By swiping her wrist past an NFC reader on her laptop, Miller logged in using Windows Hello, saying the process was three times quicker than typing passwords.”
June 2nd, 2016
Customers of Gulf Bank Kuwait can now log in to their mobile banking app by scanning their face or fingerprint through mobile biometric technology provider Daon’s IdentityX platform. “Daon’s IdentityX platform provides fingerprint, face and voice recognition, along with other authentication factors which will provide convenient, fast, secure authentication for Gulf Bank Kuwait’s customers,” Daon says.
May 31st, 2016
The global mobile biometrics market will grow at a compound annual growth rate (CAGR) of more than 103% between 2016 and 2020, research from Technavio predicts. “The increase in the adoption of mobile devices for financial transactions is the primary driver for the market,” the firm says.
May 26th, 2016
More than half of US and UK consumers (52%) prefer to log in to online accounts using “modern authentication methods”, research from Gigya reveals, including 29% who favour two-factor authentication and 20% who prefer biometric authentication.