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Security

News about Security.

Global payments company to launch biometric cards with fingerprint scanner

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… More

Mahindra Comviva and Pole SCS in European partnership

June 30th, 2015

Mobile financial solutions firm Mahindra Comviva has signed a strategic agreement with Pole SCS, a south-east France technology cluster, to roll out new contactless and mobile services across Europe with a key focus on hybrid HCE and smart tokenization. “The framework will focus on products, solutions and services, as well as potential development of new initiatives based on innovative trust and security solutions,” Mahindra Comviva says.

Sharp includes fingerprint sensor in flagship smartphone

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.

CUA credit union reports rising interest in redi2PAY HCE mobile payments service

June 24th, 2015

The number of customers using CUA’s redi2PAY HCE mobile payments service more than 35 times per month was about three times higher in March 2015 than it was six months earlier, and the number of… More

OceanFirst Bank adds Touch ID

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.

Spanish supermarket chain Bonpreu rolls out mobile payments to 170 stores

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… More

One in four US consumers would share DNA with their bank

June 22nd, 2015

One in four US consumers would consider sharing their DNA with their financial institution if it meant it would make authentication easier and their personal information more secure, research from Telstra reveals. “Two thirds of US consumers think that using biometrics — such as voice, fingerprint, iris and facial recognition — would be more secure and help reduce the risks of fraud,” says the Australian telecoms operator’s Rocky Scopelliti.

Thinfilm gets $22m investment

June 22nd, 2015

Printed electronics specialist Thinfilm has closed a private placement in which “several” US investors have invested a total of US$22m. “The market response to our launch of our NFC OpenSense product has been exceptionally strong,” says CEO Davor Sutija. “This investment will allow significant expansion of our printed logic production in order to meet expected demand for both NFC OpenSense and our electronic article surveillance products.”

NFC Forum adds support for Type V tags

June 17th, 2015

The NFC Forum has released a new candidate specification that extends the functionality of NFC devices to include formal support for a new category of NFC tag. NCI 2.0 also enables tag data stored on… More

Almost one in six US consumers are using mobile wallets

June 17th, 2015

Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile… More

Intelligent Environments replaces PINs with emoji passcodes

June 16th, 2015

Software provider Intelligent Environments has launched an emoji-only passcode system that lets consumers log into their bank’s mobile app using four emoji characters instead of traditional PINs. Emoji Passcode has been integrated into Intelligent Environments’ Android digital… More

Wells Fargo pilots face and voice authentication

June 11th, 2015

US bank Wells Fargo is piloting a face and voice authentication system with 100 customers using its mobile app on their iPhones. “A person just needs to let their face and voice do all the work,” Fortune reports, following a first-hand demonstration of the technology. “Wells Fargo estimates that it takes about 23 seconds or so to pass the security test.”

The Bancorp to offer HCE prepaid cards to European issuers

June 10th, 2015

Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a… More

Tsys to support Apple Pay in UK

June 9th, 2015

Payments supplier Tsys has announced it will help support secure transactions and facilitate enablement for issuers in processing transactions from Apple Pay when it launches in the UK. “Through Tsys Enterprise Tokenization, issuers as well as retailers can take full advantage of Apple Pay,” Tsys says. “Tsys’ solutions support Apple Pay, the multiple parties in the payments ecosystem and the consumers they serve.”

HID Global brings government IDs to mobile

June 4th, 2015

ID card provider HID Global will use its Seos technology platform, which supports both NFC and BLE functionality, to let citizens carry government IDs on smartphones and other mobile devices. “The new offering builds on HID Global’s leadership in secure mobile ID provisioning and the management platforms already deployed in other arenas such as education and hospitality,” the company says.

Four in ten UK smartphone owners willing to make NFC mobile payments

June 4th, 2015

Almost two fifths (38%) of UK smartphone owners are willing to make NFC mobile payments, research carried out by YouGov on behalf of business process management company Firstsource Solutions has revealed. More than half (55%) of… More

RBC unveils Android M mobile wallet app

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… More

Chinese unveil face recognition ATM

June 2nd, 2015

Researchers at China’s Tsinghua University and technology company Tzekwan have unveiled an ATM with inbuilt facial recognition features. “The ATM camera captures facial images and compares them with the ID photos of users for verification,” Xinhua News Agency reports. “The machine will be able to identify the cardholders if their facial features have changed and avoid thieves who attempt to trick the machine.”

Google unveils Project Brillo

June 2nd, 2015

Google has unveiled Project Brillo, a development platform for the Internet of Things that will connect devices through a communication layer called Weave which “provides seamless and secure communication between devices both locally and through the cloud,” Google explains. “It’s integrated into the Google mobile platform so support is built in to Android and easily available for iOS.”

White paper sets out the need to go beyond tokenization for cloud-based mobile payments

June 1st, 2015

Card issuers looking to deploy host card emulation (HCE) mobile payments should not rely on tokenization alone to secure their services, NFC technology provider Sequent recommends in a white paper that is now available to… More

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