News about Biometrics.
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.
May 25th, 2016
Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone. Five of the country’s major…
May 23rd, 2016
Financial institutions can now select Inside Secure’s Visa Ready MatrixHCE solution as a means of rolling out mobile payment solutions within a matter of weeks. “MatrixHCE is a proven software solution that effectively protects sensitive data on mobile devices and allows mobile phones to be used as payment cards in the retail environment and supports key features such as transaction logging, receipts, biometric authentication and token processing,” the company says.
May 17th, 2016
Precise Biometrics has entered into an agreement with Oberthur Technologies (OT) licensing the integration of its Precise BioMatch Embedded fingerprint recognition solution into OT’s Pearl embedded secure element. “The partnership with Precise Biometrics enables OT to offer convenient and secure fingerprint identification for connection, authentication and payments in any type of device,” Precise Biometrics says. “The license agreement will generate royalty revenue based on sales of secure elements from OT that includes Precise BioMatch Embedded in the delivery.”
May 17th, 2016
South African consumers will soon be able to make payments using an NFC sticker on the back on their mobile phone via a service launched by mobile financial services provider MobiCash and mobile payments platform Boloro….
May 9th, 2016
Motorola‘s forthcoming budget phone — the new Moto G — is to come in two variants and will include NFC, a components chart published on Twitter has revealed, making it the first Moto G to feature the technology. “The new phone is also expected to have a fingerprint scanner, since a Lenovo executive said earlier this year that all Motorola-branded phones would have fingerprint scanners in 2016,” The Verge reports. The new Moto G is expected to be unveiled on May 17.
April 28th, 2016
Customers of Deutsche Bank will be able to make NFC mobile payments using the version of its mobile banking app that will become available for Android in the third quarter of this year. “Contactless payment at the point of sale based on NFC is scheduled to become available when the Android version of the app is released,” the bank says. Deutsche Bank ran a trial in December 2015 of technology that verified the identity of their customers by the way they handle and hold their mobile device.
April 27th, 2016
Customers of Canada’s Tangerine Bank can now log into its mobile banking app for iOS by authenticating themselves with their iris or voice. The bank is using technology supplied by EyeVerify and Nuance’s VocalPassword for the service, which will be supported on the Android platform in the coming months.
April 26th, 2016
Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years.
April 14th, 2016
Chinese ecommerce giant Tencent’s WeChat mobile payments and messaging app has been integrated with Givex’s Vexilor point-of-sale solution to enable users of the service to make in-store purchases by scanning a QR code.
April 12th, 2016
Customers of Nationwide Building Society in the UK may soon be able to access their mobile banking accounts using behavioural biometrics that recognise how they interact with their smartphone, from the way they hold their device to how they type. “The prototype, developed in Nationwide’s Innovation Lab in partnership with BehavioSec and Unisys, explores how a customer’s natural interaction with their smartphone or tablet could provide an additional level of security in the future,” the company says.
April 12th, 2016
The Government of Japan is to pilot a system that would let tourists verify their identity and make in-store payments using their fingerprint. “The experiment will have inbound tourists register their fingerprints and other data, such as credit card information, at airports and elsewhere,” The Japan News reports. “Tourists would then be able to conduct tax exemption procedures and make purchases after verifying their identities by placing two fingers on special devices installed at stores.” The system is expected to roll out across the country by 2020.
April 5th, 2016
Samsung is developing new biometric sensors for mobile phones with the aim of adding additional security to Samsung Pay. “Right now, we use fingerprint,” Samsung Pay’s Elle Kim told delegates at Money20/20 Europe. “As we speak, engineers at Samsung are developing the next generation of biometric sensors so that our phones and Samsung Pay can be even more secure.”
March 24th, 2016
Canadian financial services provider BMO Financial Group is to enable its customers to use MasterCard’s Identity Check mobile app to verify their online transactions via face recognition and fingerprint biometrics. In the first phase of the…