Synthetic fingerprints make plastic particles tiny security keys

Synthetic fingerprints make plastic particles tiny security keys — New Scientist — “Microscopic wrinkles squeezed onto the surface of tiny plastic particles could be used to create security keys that are impossible to duplicate… The particles could be used to verify a person’s identity instead of them using a security card, or their own fingerprint. The particles could also be fixed to a priceless piece of art so people can be sure it’s the real deal.”


GlobalPlatform simplifies management of privacy-enhanced identity documents

GlobalPlatform simplifies management of privacy-enhanced identity documents — GlobalPlatform — “GlobalPlatform has published its Card Privacy Framework and Privacy-Enhanced ID Configuration. The technology helps governments and identity issuers to enable state of the art privacy and security for smart card based digital identity programs, like e-passports, driving licenses and e-ID documents.”


NFC World

NXP, Shanghai Unicom and Roam2Free collaborate to develop secure eSIM solution

NXP, Shanghai Unicom and Roam2Free collaborate to develop secure eSIM solution — NXP — PARTNER NEWS — “Complete solution combines mobile payment and ticketing with GSMA-compliant remote SIM activation for consumers to quickly add mobile subscriptions and cellular networks to their smartphones for better coverage and when traveling abroad”


What's New in Payments

Square gets green light to take on banks with ‘PIN on glass’ mobile technology

Square gets green light to take on banks with ‘PIN on glass’ mobile technology — Australian Financial Review — “Banks are set to face more competition in the lucrative mobile point of sale technology game as secret trials featuring Twitter founder Jack Dorsey’s payments company Square are set to help credit card companies allow more payments through smartphone screens.”





What's New in Payments

Leumi Card to use Feedzai’s artificial intelligence platform to fight fraud

Leumi Card to use Feedzai’s artificial intelligence platform to fight fraud — Feedzai — “‘Fraud mitigation tools have not kept pace with today’s mobile-enabled, always-connected consumers,’ said Gilead Kehat EVP human resources and staff of Leumi Card, ‘Feedzai’s agile machine learning platform helps predict and prevent fraud before it impacts our customers.’”


What's New in Payments

Retailers to lose $71 billion in card-not-present fraud over the next five years

Retailers to lose $71 billion in card-not-present fraud over the next five years — Juniper Research — “The research predicted that three key battlegrounds would emerge in the fight against fraud in 2018. It cited machine learning as a key tool in identifying genuine users, while the shift to mobile ecommerce would rely on 3DS 2.0 and biometrics.”



Gemalto and Dessmann enhance smart lock security with mobile convenience

Gemalto and Dessmann enhance smart lock security with mobile convenience — Gemalto — PARTNER NEWS — “The new solution from the global manufacturer of smart locks and safe boxes incorporates Gemalto’s Machine Identification Modules (MIM) and Secure Elements (SE), empowering users to lock and unlock doors with their smartphones or create digital key chains for multiple locks.”


What's New in Payments

Ease of use, data security are priorities for bank and credit card mobile app users, JD Power finds

Ease of use, data security are priorities for bank and credit card mobile app users, JD Power finds — JD Power — “More than two-thirds (69%) of study respondents indicate they have used a mobile payment service in the past 30 days. That number jumps to 76% among Millennials and Gen Z. This evidence suggests that efforts to integrate mobile payments with the mobile banking and credit card app experience would be beneficial.”





Rise of the technophobe – education key to tech adoption, says HSBC

Rise of the technophobe – education key to tech adoption, says HSBC — HSBC — “The study of more than 12,000 people in 11 countries reveals four in every five people (80%) believe that technology makes their lives easier but less than half (46%) trust fingerprint recognition to replace their password, despite it being recognised to be at least five times more secure and significantly more convenient than traditional passwords.”


Emirates Islamic is first Islamic bank to integrate blockchain technology into cheques

Emirates Islamic is first Islamic bank to integrate blockchain technology into cheques — Emirates Islamic — “Emirates Islamic will issue new cheque books carrying a unique QR (Quick Response) code on every leaf, along with a string of 20 random characters… In the next phase of the Cheque Chain project, the bank will have each cheque leaf registered on the Bank’s blockchain platform enabling it to validate the authenticity of the cheque at source.”