News about Biometrics.
May 29th, 2015
Google has confirmed it is developing a “brand new” Google Wallet app for Android and iOS that will allow anyone with a US debit card to send and receive money for free “within minutes”, even if…
May 29th, 2015
USAA Bank has said it will support Android Pay when the NFC payment solution launches later this year. “Members will be able to provision their USAA credit cards for Android Pay starting on the USAA Mobile App or the Android Pay app,” the bank says. “USAA will also be among the first financial institutions to provide the convenience and ease of logging on to the mobile app using Android’s fingerprint support capabilities when Android M launches later this year.” The bank added support for Apple Pay last year.
May 27th, 2015
India’s largest private sector bank ICICI Bank has become the first in the country to launch a voice recognition-based service, allowing more than 33 million customers to make banking transactions through the bank’s call centre by authenticating themselves using their voice. “Our decision to invest in this new technology was primarily driven by the objective of enhancing the everyday banking experience of our customers,” said CEO Chanda Kochhar.
May 27th, 2015
PayPal is letting its iOS mobile app users log in and access “virtually any part” of their PayPal wallet using Apple’s Touch ID. “When you log in to the latest PayPal app on a Touch ID-enabled iOS device, you’ll be asked if you want to enable Touch ID,” PayPal explains. “After a quick setup, simply use your fingerprint to log in and view your account, send money to friends, or access your digital wallet.”
May 26th, 2015
NTT Docomo has become the world’s first mobile network operator (MNO) to deploy Fido authentication throughout its network, allowing it to replace passwords for millions of customers across its services with a range of enhanced…
May 26th, 2015
Denmark’s Danske Bank has become the latest financial institution to pilot a contactless biometric card developed by Norway-based Zwipe that features an integrated fingerprint sensor and has received the backing of MasterCard. “We’re working on this as one of our pilot projects,” Danske Bank told NFC World. “We are not ready to disclose any further [information] at this time.”
May 22nd, 2015
Android M, the next edition of Google’s mobile operating system, will include native fingerprint authentication to allow users to log in to their Android devices without entering a password, BuzzFeed reports. The feature is expected to be announced next week at Google I/O.
May 22nd, 2015
A video published by a group of hackers has demonstrated how a stolen Apple Watch could be used by the thief to make payments using Apple Pay without them having to authenticate the transactions in any way — as long as they are quick.
May 19th, 2015
Face++, the Chinese facial recognition technology startup behind Alibaba’s selfie payments service, has secured an additional $25m in a series B funding round, taking the total raised to $47m. Existing investors Qiming Venture Partners and Innovation Works contributed to the round, the company told TechCrunch.
May 18th, 2015
Mountain America Credit Union has announced the beta release of a dual biometric log-in feature that lets its members access their mobile banking app either by scanning their finger or taking a picture of their…
May 15th, 2015
The global biometrics market will increase from US$2bn in 2015 to $14.9bn by 2024, with cumulative revenue for the 10-year period reaching $67.8bn, market intelligence firm Tractica forecasts. “Biometric modalities that are likely to generate the most revenue include fingerprint, iris image and voice recognition,” the company says. “Key use cases include consumer device authentication, mobile banking, ATMs, government IT systems, POS transactions, pharmacy dispensing and wearable device authentication.”
May 14th, 2015
Japan’s largest mobile network operator NTT Docomo has unveiled an NFC smartphone that comes equipped with an iris authentication system from Fujitsu that will let owners unlock the device and authenticate mobile payments just by looking…
May 13th, 2015
A research note published by KGI Securities’ Ming-Chi Kuo has revealed a number of changes planned for Apple’s so-called iPhone 6s, expected to be unveiled in September, including an improved Touch ID sensor which “will improve the Apple Pay experience with faster, more secure readings,” Apple Insider reports.
May 7th, 2015
Customers using US-based First Internet Bank’s personal mobile banking application are now able to log in using their fingerprint and Apple’s Touch ID feature. The functionality is available to those running the bank’s app on the iPhone 5S, iPhone 6 and iPhone 6 Plus, with support for the iPad Air 2 and iPad Mini 3 expected in the future.
May 1st, 2015
Digital banking solutions provider Digital Insight is to offer Apple’s Touch ID fingerprint verification in the iOS mobile banking applications it supplies to financial institutions later this year. “The speed and ease of use of Touch ID will provide financial institutions another innovation to offer their customers and members, and further help them differentiate in the marketplace,” said senior product manager Dan Weis.
April 10th, 2015
Consumers could be able to authenticate themselves using brain wave and heart beat bio-signals from as soon as February 2018. The Korea Internet & Security Agency is to develop standards for the next-generation biometric technologies, and has set up a research committee which includes university hospitals and leaders from the telecommunications and biometrics industries, WhowiredKorea reports.
March 25th, 2015
Microsoft is to introduce support for host card emulation (HCE) payments in the mobile version of its Windows 10 operating system. SIM-based secure elements will continue to be supported with “improved payment integration flows” enabling…
March 18th, 2015
Windows 10 users will be able to use biometric technology to secure access to their devices, Microsoft has announced. Windows Hello will support face, iris and fingerprint verification and will ship with the new edition…
March 16th, 2015
Alibaba founder and executive chairman Jack Ma has demonstrated a prototype biometric verification service that could enable a payment to be authorized by simply capturing an image of a mobile phone user’s face.
March 13th, 2015
UK bank Halifax is investigating how Bionym’s Nymi Band, a device that uses the wearer’s unique cardiac rhythm to authenticate their identity, could be used to reduce the need for customers to remember their passwords. A version of Nymi that incorporates NFC technology is currently on trial with a number of Canadian banks.