News about ID.
November 18th, 2016
UK bank Natwest has trialled a behavioural biometrics system designed to offer continuous authentication throughout an online banking session, using more than 500 behaviour patterns to identify users and prevent fraud from unauthorised logins and…
November 17th, 2016
Commuters on the Mumbai Metro service will soon be able to pay for journeys using mobile payments platform Paytm. “Commuters can install and recharge the Paytm app on their mobiles, switch it on, scan the QR code for identifying Mumbai Metro as the payee and pay the correct amount of fare,” Business Standard reports. “A unique transaction ID will be displayed on the Paytm app and the mobile phone with the ticketing officer at the counter will receive an SMS with the same transaction ID.”
November 16th, 2016
Metro Bank in the UK has successfully trialled a blockchain retail payment system, allowing consumers to make purchases from merchants equipped with contactless terminals, with merchant and consumer balances updated in real time. London-based financial…
November 15th, 2016
Mobile payment transaction volume in India is expected to grow more than 90% each year over the next five years, with digital payments becoming the “de-facto payment mode” in the country, in the wake of…
November 14th, 2016
Blockchain consortium R3 and 10 of its member banks have developed a proof-of-concept Know Your Customer (KYC) registry using distributed ledger technology to address the “challenges associated with satisfying regulatory requirements” and allowing identities to be managed by their owners. “The project simulated establishing the identity of both a legal entity and an individual using KYC data and identity attestations by third-parties,” International Business Times reports.
November 14th, 2016
Visa is working with biometric identity platform provider BioConnect to enable multiple methods of biometric authentication through a single mobile app. This means that if the consumer’s default biometric authentication method fails, they can use…
November 10th, 2016
A team of researchers from Carnegie Mellon University has fooled face recognition algorithms using a pair of fake glasses, New Scientist reports. By printing bespoke patterns onto the front of the frames, they enabled wearers not only to obscure their identity but to impersonate people who look completely different.
November 9th, 2016
French casino and hotel group Groupe Partouche has partnered with MeReal Biometrics to test the use of biometric smart cards by employees to access secure areas. The initial test of fingerprint-based biometric cards will take place in two of the group’s 42 casino and hotel properties early in 2017. If successful it will pave the way towards a ‘closed loop’ system with all regular guests and 4,500 employees using biometric cards to perform a wide range of payment and access applications.
November 9th, 2016
Government-issued documents such as visas and passports could be secured using a combination of NFC and hologram technology, following the announcement of a partnership between printed electronics specialist Thinfilm and authentication solutions provider Holoptica. The…
November 9th, 2016
BBVA bank is offering new customers in Spain the chance to open an account with them using their mobile phone, with identity verified using face recognition and video calls. The remote registration service sees the bank check ‘selfie’ images against a photo ID before a bank representative verifies the new customer’s identity through a video conference call. BBVA has also signed a memorandum of understanding to use Salesforce’s cloud computing services to become “a more flexible and scalable digital bank”.
November 9th, 2016
Some 35,000 customers of Polish bank PKO Bank Polski have created Trusted Profiles which allow them to log in to government services, file an application for an ID card or driving licence, obtain a criminal…
October 28th, 2016
PARTNER NEWS: More than two thirds of smartphone owners use mobile banking apps, while nearly 80% consider security and reliability the most important attributes of a paid app, says a survey by Gemalto which is…
October 10th, 2016
Bank of Scotland customers in the UK can now apply for a current account by taking a picture of their face. “They will be able to complete a simple step-by-step application process to open a current account and take pictures of their UK driving licence or passport, along with selfie images to confirm their identity,” says Lloyds Banking Group. “As the ID verification technology is web-based, customers can use a web browser on their smartphone or tablet to submit images.”
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.
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.
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.”
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…
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.
July 19th, 2016
Chinese internet giant Alibaba has unveiled a new “internet car” that will let drivers make mobile payments from their seat using affiliate company Ant Financial’s Alipay mobile payment platform.
July 6th, 2016
Banks in Singapore are working on a service that would let consumers make payments using their Facebook ID or Twitter username. “The system will allow electronic transfers between account holders who have registered their social media identities with their banks,” The Financial Times reports. “The service will be based on Singapore’s existing internal fund transfer system, known as FAST, which brings together 20 banks to allow near-instant fund transfers.” A pilot is due to take place in early 2017.