Customers of US supermarket giant Walmart will now be able to make in-store payments using their Walmart credit card as soon as they are approved through the retailer’s Walmart Pay QR code-based mobile payments service — without having to wait for the physical card to arrive in the post... More
Visa expands global network of providers to drive acceleration into IoT payments — Visa — “Visa announced it has signed 13 new partners to participate in its token service provider (TSP) program… The newest Visa partners share a desire to advance digital and device-based payments, and represent all major regions of the globe.”
Apple Pay users across the US will soon be able to make peer-to-peer (P2P) money transfers to friends and family using a new feature set to be integrated into Apple’s iMessage platform through the latest iOS 11 operating system... More
PARTNER NEWS: Rambus is working with Google and Canada’s Interac Association to enable support for Interac debit cards on Android Pay following its launch in the country earlier this month... More
SA scientists develop next-gen digital ID tech — IT Web — “The technology, dubbed aiDX, is an advanced identification technology that uses deep science to simulate human cognition in order to confirm or determine the identity of a person to industrial grade standards on any smartphone or device equipped with a camera.”
More than half of all card-present transactions conducted globally (52.4%) between January and December 2016 used the EMV chip card standard, up from 35.8% for the same period in 2015, standards body EMVCo has revealed... More
New CSA report offers observations, recommendations on connected vehicle security — Cloud Security Alliance — “The paper will provide a ‘big picture’ view of the various aspects of vehicles and infrastructure components to better understand their interrelationships, dependencies and threats to the traffic ecosystem.”
Using your gait to power and secure devices — CSIRO — “Researchers from CSIRO’s Data61 have developed new technology which uses the way a person walks, their gait, to power wearable devices. The technology also has the potential to be used as a new authentication method, which could replace passwords, PINs or fingerprints.”
JetBlue to launch first-of-its-kind self-boarding program using facial recognition — JetBlue — “JetBlue today announced it will collaborate with U.S. Customs and Border Protection (CBP) and SITA to test a new paperless and deviceless self-boarding process as part of ongoing trials to implement a biometric exit process in the future. Customers who opt-in can put away boarding passes and devices – a quick photo match at the gate verifies customers to board.”
7 in 10 mobile payment users cite security concerns: report — Yonhap News — “Nearly seven out of 10 South Koreans using mobile payment services cited security concerns… According to the report by market researcher DMC Media, 68.8% of the users were satisfied with using financial services via mobile platforms… 88% of the adults had used some sort of mobile payment tool in the past six months, up 8.8% from a survey conducted a year earlier.”
Four Belgian banks and three mobile network operators have unveiled a mobile ID platform that will let consumers use a single digital identity to access a range of services such as requesting government documents and confirming online transactions using the SIM card on their mobile phone and a unique five-digit code... More
PARTNER NEWS: Customers of French bank Crédit Agricole can now make host card emulation (HCE) based mobile payments using a new version of the bank’s mobile app ‘Ma Carte’ and Paylib, an online payment acceptance brand supported by France’s main banks... More
Visa upgrades Verified by Visa technology to enhance security and simplify online payments — Visa — “The upgrade will deliver rich data to financial institutions and merchants to better authenticate consumers and reduce fraud on transactions made via a mobile or desktop browser, app, or connected device… Current Visa rules for merchant-attempted transactions using 3-D Secure will extend to the updated version beginning April 2019.”
The modern plan for digital identity in Australia and beyond — Secure ID News — “A recent report from Australia Post outlines a forward-thinking plan for a nationwide digital identity initiative… Australia Post is proposing a solution that puts the user in control of their identity and attributes.”
The EU Agency for Network and Information Security (ENISA) is calling on the European Commission to define a policy framework ensuring minimal requirements for the security of Internet of Things (IoT) devices along with the development of mandatory staged requirements for security and privacy to give stakeholders a “level playing field” in implementing trust into connected devices and IoT systems. More
PARTNER NEWS: A 10-page guide that explores how Samsung Pay works and its key benefits is now available to download from the NFC World Knowledge Centre... More
Bank of America enhances customer choice: Provides secure and reliable access to data — Bank of America — “Bank of America is making updates to its Security Center and working with multiple financial data aggregators to provide customers the ability to simply and securely connect data from their Bank of America accounts to third-party financial management applications.”
Samsung has responded to the group of hackers from the Chaos Computer Club (CCC) who managed to defeat the iris recognition system on the Samsung Galaxy S8 and S8+ smartphones, saying that the hackers’ claims could “only have been made under a rare combination of circumstances”. More
New York forces smart lock maker to improve its security — Engadget — “Utah-based Safetech Products has agreed to encrypt all of its smart lock passwords, electronic keys and other credentials within its locks, prompt users to change the default password upon initial setup and establish a more comprehensive security program.”
NEC earbuds showcase hands-free biometric verification — New Atlas — “The new prototype earbuds are an application of NEC’s “hearable device user authentication technology”… NEC says the technology can identify the user within one second and with “greater than 99% accuracy”. Unlike biometrics based on the iris recognition or fingerprints, you don’t need to hold or look at your phone to use it.”