News about Fingerprint.
September 1st, 2015
India’s biometrics market is projected to grow at a compound annual growth rate (CAGR) of over 35% from 2015 through 2020, according to TechSci Research. “Fingerprint biometrics is the largest market segment in terms of revenue contribution, followed by iris and facial recognition,” the company says. “Voice recognition is the fastest growing segment on account of rising application in banking and integration in handheld devices.”
August 28th, 2015
More than a quarter of UK consumers (27%) think they will be making payments using wearable devices including watches and wristbands within 10 years, 22% think they will be regularly using their fingerprint to make…
August 24th, 2015
MasterCard is testing a ‘Selfie Pay’ service in the Netherlands with International Card Services and Dutch bank ABN Amro. Some 750 cardholders can verify online transactions with a face or fingerprint scan using their smartphones, while 200 employees of US First Tech Federal Credit Union will trial the service in September. MasterCard unveiled its plans to pilot biometrics for online shopping in July.
August 14th, 2015
Samsung Pay will launch in Korea on 20 August and in the US on 28 September, the handset maker confirmed as it announced two new flagship devices in New York yesterday. “Samsung plans to roll out the service in the UK, Spain and China as well,” the company says of its fingerprint-secured NFC- and MST-based mobile payment offering. “Select US users of Galaxy S6, S6 Edge, S6 Edge+ and Note 5 will be able to participate in a beta trial from 25 August ahead of the 28 September launch.”
August 10th, 2015
Korean card issuers will adopt biometric recognition solutions from September following clearing from the Financial Services Commission. “BC Card is the first local financial institution to launch a biometric recognition and settlement service next month using a fingerprint scanning system,” Korea Bizwire reports. “Shinhan Bank is preparing to introduce a vein pattern recognition system, while Industrial Bank of Korea (IBK) is focusing on iris technology.”
July 24th, 2015
One in six consumers find usernames and passwords “cumbersome” and 77% are interested in using alternatives to protect their security on the internet, research from Accenture reveals. More than half (58%) say they are interested…
July 16th, 2015
Some 41% of US consumers have a “high level” of comfort when logging in to a website or mobile app using a thumbprint or face/eye scan, research from Gigya finds. “Consumers are more privacy conscious than ever and this year’s survey results indicate people are taking proactive steps to safeguard their personal data,” the company says.
July 15th, 2015
Password management and digital wallet app Dashlane is to let Samsung device users verify their identity using the fingerprint sensor on devices including the Galaxy S6, Galaxy S5, Galaxy Note 4 and Galaxy Note Edge.
July 14th, 2015
Mobile payment provider MyCheck has announced support for Apple Pay in the UK, enabling customers at participating restaurants to settle their bill using the mobile payments service. “When using Apple Pay with MyCheck, a customer can authorise a transaction through a restaurant’s native iOS app or via one of MyCheck’s partner apps with just the touch of a finger on Touch ID,” MyCheck says.
July 9th, 2015
Apple faces challenges in introducing Apple Pay in Korea after failing to “coordinate different opinions” over transaction fees with local credit card companies, including Shinhan Card, Hyundai Card and KB Card. “There is a big difference in technical issues as well, including fingerprint recognition,” Business Korea reports. The news follows reports that Samsung Pay entered beta testing in Korea this week.
July 6th, 2015
The fingerprint sensor market is expected to grow at a CAGR of 17% between 2015 and 2020, research from MarketsandMarkets has found, with its value projected to reach US$14.5bn by 2020 from $5.5bn in 2014. “In terms of shipments, the market is projected to reach $10bn by 2020 at CAGR of double digits between 2015 and 2020,” the research team adds.
July 3rd, 2015
Users of ING’s mobile banking app in the Netherlands can now use their voice or a fingerprint to authorise payments. “Customers previously could use voice control in the app and could log in with fingerprint recognition,” says the bank. “It is also possible from today to confirm payments in the app with your voice, or fingerprint for iOS devices equipped with Touch ID.”
July 2nd, 2015
MasterCard is to test a system that will approve online purchases with a face or fingerprint scan later this year. “If you choose fingerprint, all it takes is a touch. If you go with facial recognition, you stare at the phone, blink once, and you’re done,” CNN reports. “To pull this off, MasterCard said it has partnered with every smartphone maker.” The pilot will involve 500 customers.
June 30th, 2015
An undisclosed global payments company is to incorporate bendable fingerprint sensors into smart cards as part of a worldwide program to be rolled out in partnership with Norwegian biometrics provider Idex. “Idex’s unique, patented off-chip…
June 30th, 2015
Sharp is to include biometric provider Synaptics’ Natural ID fingerprint sensor in its latest flagship smartphone. “Aquos Zeta SH-03G complies with Fido’s latest industry standard, UAF 1.0, delivered through Synaptics’ Natural ID sensor, which utilizes unique technology to enable fingerprint authentication that can be done locally for increased data security,” Synaptics says.
June 24th, 2015
OceanFirst Bank is working with digital banking provider Digital Insight to begin offering Touch ID functionality within its mobile banking app. “We believe OceanFirst Bank customers appreciate having a variety of choices for ways to meet their banking needs, and we are pleased to provide the Touch ID option to our mobile banking clients for fast and secure access to their accounts,” says the US bank’s Joseph R Iantosca.
June 23rd, 2015
Spanish supermarket chain Bonpreu is to roll out a mobile payments service to 170 stores, using a platform developed by Dinube that combines proprietary tokenization algorithms, NFC and biometric fingerprint security. Dinube charges merchants a…
June 11th, 2015
Montgomery County Employees Federal Credit Union is working with digital banking provider Digital Insight to add Touch ID to its mobile banking apps. Users will be able to log into their mobile banking, store their fingerprints on their mobile devices and safeguard sensitive financial information using the functionality.
June 2nd, 2015
Royal Bank of Canada (RBC) has developed an app for the Android M Developer Preview that will be used as part of the bank’s RBC Wallet service to let users authenticate themselves using their fingerprint for…
June 2nd, 2015
Chase Bank has added Touch ID authentication to its Chase Mobile app for iOS to let users log in to the service using their fingerprint. “To complete secure transactions, such as Chase QuickPay, customers will enter their passwords for additional authentication,” the bank explains. “Chase plans to offer fingerprint authentication for the Chase Mobile app for Android later this year.”