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    Biometrics

    News about Biometrics.

    Samsung adds biometrics to mobile transactions

    September 23rd, 2016

    Samsung’s IT service arm Samsung SDS has teamed up with vision and voice technology provider Sensory to offer embedded biometric recognition technologies to banks and enterprise customers that will also enable authentication and completion of… More

    250 products are now Fido certified

    September 22nd, 2016

    Some 250 products from global technology leaders are now Fido certified, the Fido Alliance has revealed. “This is growth of over 200% since this time last year,” the organisation says. 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.

    Mobiquity Wallet brings iOS voice command money transfers

    September 19th, 2016

    PARTNER NEWS: Customers using mobile financial solutions firm Mahindra Comviva’s Mobiquity Wallet for iOS will now be able to send and request payments via a straightforward voice command. The feature forms part of the latest version… More

    Visa reveals growing Euro interest in biometric authentication

    September 19th, 2016

    More than three in five European consumers (62%) believe using biometric forms of payment authentication will be faster and easier than passwords and PINs, research by Visa reveals, with 42% believing that the procedure could completely… More

    Japanese firms team with NTT and Daon for biometric venture

    September 19th, 2016

    Japan’s Sumitomo Mitsui Financial Group (SMFG) and Sumitomo Mitsui Banking Corporation have signed an agreement with NTT Data and biometrics provider Daon for the commercialisation of services that will offer individual identification platforms utilizing several… More

    Japanese bank to roll out palm vein ID

    September 15th, 2016

    Customers of Japan’s Ogaki Kyoritsu Bank will soon be able to access services by using their palms for authentication. “The bank plans to install its palm scanning equipment at the counters of all its approximately 160 branches from next spring,” The Asahi Shimbun reports. “The expansion will cover almost all over-the-counter services, including purchases and cancellation of investment trust funds.” The bank developed the palm vein biometric identification system in 2012, but it has so far been limited to select ATMs.

    Ant Financial acquires EyeVerify

    September 14th, 2016

    Alipay parent company Ant Financial has acquired biometric provider EyeVerify. “Earlier this year, Ant Financial and EyeVerify entered into a licensing agreement in which Eyeprint ID was integrated into Ant Financial’s payment authentication platform,” Ant Financial says. The acquisition will allow the company’s Eyeprint ID technology to be integrated into more Ant Financial products and “secure hundreds of millions of consumers’ online data and transactions”. Eyeprint ID works by capturing an image of an eye and matching the unique vein pattern to verify identity. The acquisition cost $100m, Fortune reports.

    HSBC offers selfie security checks

    September 6th, 2016

    Customers of UK bank HSBC can now complete ID security checks by scanning their face using a mobile phone. “The mobile application works through utilizing facial tracking technology to capture an initial headshot or selfie of a customer,” HSBC says. “The headshot is then assessed against an ID document uploaded by the customer, such as a driver’s licence or passport.”

    Xiaomi launches Mi Pay NFC mobile payments

    September 1st, 2016

    Chinese handset maker Xiaomi has launched its Mi Pay NFC-based mobile payments service in its domestic market. More

    Huawei Pay goes live in China

    September 1st, 2016

    Handset maker Huawei has announced the launch of its Huawei Pay NFC-based mobile payment service in China, in collaboration with bankcard association China UnionPay and support from 25 of the country’s banks. The service makes use… More

    Apple to offer iPhone with FeliCa NFC payments in Japan

    August 30th, 2016

    Apple is planning to launch an iPhone in Japan equipped with Sony FeliCa NFC technology to allow owners to make payments for travel and other services. The company is intending to work with “multiple transit… More

    Japanese bank eyes facial recognition

    August 25th, 2016

    Japan’s Sumitomo Mitsui Financial Group (SMFG) is exploring the use of a facial authentication system for customers to make payments. “SMFG aims to utilise users’ facial data as a means of verifying their credit cards or bank accounts,” The Japan News reports. “SMFG will begin trials at retail outlets as early as 2017 before developing it for practical use over several years after the trials.”

    Qatari bank to launch biometric ATMs

    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.

    Samsung Pay to get iris authentication with Galaxy Note 7

    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. More

    Biometric banking to top $4bn by 2021

    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.”

    Windows Hello heads to apps and websites

    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.

    South Africans to get biometric authentication for card payments

    July 27th, 2016

    The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards.  More

    Motorists rewarded for mobile payments at the pump

    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. More

    Mahindra Comviva introduces Mobiquity Wallet 2.0

    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). More

    Brazilian mobile bank launches with biometric authentication

    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.

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