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    Archive: Technology

    Next iPhone to include facial or gesture recognition?

    January 23rd, 2017

    Apple’s next iPhone could include facial or gesture recognition, according to a research note issued to clients by financial services firm Cowen and Company. “Other features include some form of facial/gesture recognition supported by a new laser sensor and an infrared sensor mounted near the front-facing camera,” analyst Timothy Arcuri wrote in the note seen by Business Insider. KGI Securities analyst Ming-Chi Kuo believes the sensor could replace the existing Touch ID feature, 9to5mac adds.

    Test for European Central Bank mobile P2P platform

    January 23rd, 2017

    European payment infrastructure provider EBA Clearing has begun testing an instant payment platform unveiled earlier this month by the European Central Bank, that will allow European consumers to make cross-border mobile P2P payments. Some 28 funding institutions gathered in Milan to mark the start of the testing phase, with an official launch scheduled to take place in November 2017. EBA Clearing is running the test environment in collaboration with payment processor SIA.

    Indian mobile wallet adds healthcare services

    January 19th, 2017

    Indian consumers can now submit prescriptions, buy medicines, find doctors and book appointments through online pharmacy Easymedico using First Global Data subsidiary Msewa’s VPayQwik mobile wallet. “Easymedico products and services will be available on the company’s VPayQwik mobile payment app, enabling Easymedico’s existing base of 500,000 customers to submit prescriptions, to purchase prescription medicines and other health products at significant discounts on VPayQwik,” First Global says.

    Call to ‘digitise Indian rupee’ using blockchain

    January 18th, 2017

    “The time is ripe” for the adoption of blockchain technology in India, according to the Reserve Bank of India’s research arm which believes the technology has the potential to digitise the country’s fiat currency. “We feel that BCT [blockchain technology] has matured enough and there is sufficient awareness among the stakeholders, which makes this an appropriate time for initiating suitable efforts towards digitising the Indian rupee through BCT,” the Institute for Development and Research in Banking Technology says in a white paper.

    GlobalPlatform standardises TEE management

    January 18th, 2017

    Standards body GlobalPlatform has published a framework detailing how trusted applications hosted on a GlobalPlatform compliant Trusted Execution Environment (TEE) can be remotely and dynamically managed. GlobalPlatform TEE Management Framework “is applicable to any type of device including mobile and IoT devices and will be used by service providers, TEE implementers, device makers, trusted application providers and trusted application managers,” the organisation says.

    Google to add payments for Home Assistant?

    January 18th, 2017

    An APK teardown conducted by XDA reveals that Google plans to add the ability to make payments directly through its Google Home voice-activated speaker powered by Google Assistant. “The string ‘you’ll soon be able to pay for things’ when you use Google Assistant indicates the service is not yet live… but it soon will be,” the publication reports. “Plus, you’ll be able to specify which Assistant-connected devices will be able to participate in making payments.”

    Japanese bank plans new biometrics firm

    January 17th, 2017

    Japan’s Sumitomo Mitsui Financial Group is planning to establish a company that provides biometric authentication services together with a “major Japanese IT company and an Irish company as early as this spring”, The Japan News reports. “The new company aims to expand its target to include all internet services, and make them available for finance, mail order and other areas,” the publication adds.

    NFC included in Nintendo Switch controller

    January 13th, 2017

    Detachable Joy-Con controllers for Nintendo’s long-awaited new games console Switch will include an NFC reader and writer to exchange data with Amiibo toys, Venturebeat reports. The NFC-enabled figurines were launched in 2014 by Nintendo, and appear in a range of games as playable characters that can be trained and gain skills the more a user interacts with them. Switch will be released on March 3.

    US bank to upgrade all ATMs for mobile withdrawals

    January 13th, 2017

    US bank Wells Fargo expects to be the first bank to fully convert all its ATMs to support a mobile withdrawals service, allowing customers to get cash by entering an eight-digit code generated by the bank’s app plus their PIN into the machine, CNN Money reports. The bank will begin enabling its 13,000 ATMs in spring 2017. Reports that Wells Fargo was working to add NFC to its ATMs emerged in February 2016.

    Mastercard sizes up data sharing

    January 13th, 2017

    A patent filed by Mastercard shows how it could use data from purchase histories to infer information about the cardholder that could be used, subject to privacy controls, to let merchants tailor pricing of products and services to the individual. The patent uses the concept of charging heavier passengers more to travel on transportation services, but Mastercard says it “may also be applicable to any context that requires the knowledge of the account holder’s physical size”.

    Palm vein authentication system launched for mobile devices

    January 13th, 2017

    A palm vein authentication system compact enough to be used in tablets and other mobile devices as “dependable as current optical units” has been unveiled by Japanese electronics firm Fujitsu. The company says it expects… More

    Secure element security added to web applications

    January 12th, 2017

    GlobalPlatform has released Web API for Accessing Secure Elements v1.0, a standardised communications interface between web applications and secure elements (SEs) that will enable sensitive data from online applications to be stored and processed in… More

    Samsung Pay to get AI assistant?

    January 12th, 2017

    Samsung is to add a virtual assistant called Bixby to Samsung Pay, a Samsung Pay Beta page seen by Galaxy Club reveals. “It’s unclear how exactly it’ll work, but we’re hoping you’ll be able to say something along the lines of, ‘Bixby, send $30 to Carlos’,” Sammobile reports. The beta page also hints at the upcoming launch of the Samsung Pay Mini online payments app that was unveiled in May 2016.

    Biometric smartphones double in a year

    January 10th, 2017

    The number of smartphone models incorporating biometric technology has more than doubled in the last year, a report by Acuity Market Intelligence says. Some 87 smartphone vendors introduced 346 biometric smartphones in the past year, bringing the total number introduced since 2013 to 549, more than double the 200 models Acuity reported a year ago. Nearly one billion biometric smartphones are currently in use, Acuity adds, representing 40% of the global smartphone market.

    Biometric payments pilot to test palm vein replacement for cards

    January 10th, 2017

    South Korea’s Financial Services Commission (FSC) is planning to launch a pilot in the first half of 2017 that will allow consumers to make payments at the point of sale using palm vein authentication technology,… More

    Huawei installs Amazon Alexa on flagship smartphone for US market

    January 9th, 2017

    Chinese mobile phone giant Huawei is to pre-load Amazon’s Alexa voice assistant on its flagship Mate 9 smartphone, which has now launched in the US, as Amazon bids for a leading role in the emerging… More

    Barclays to issue cards with dynamic CVV?

    January 9th, 2017

    UK bank Barclays is planning to issue bank cards that replace the three-digit security number on the back of the card with a dynamic CVV code that changes periodically to tackle online purchasing fraud, according to The Telegraph. The cards would also include contactless technology, and either a Wifi aerial or Bluetooth. “Unfortunately, at this stage and due to the nature of the project, we aren’t able to provide further insight in how it might one day look for consumers,” Barclays told NFC World.

    Biometric rear-view mirror offers in-car authentication and payments

    January 5th, 2017

    An in-car biometric rear-view mirror that authenticates the driver using iris recognition technology has been unveiled by automotive electronics firm Gentex at CES 2017. The system, delivered in partnership with biometrics firm Delta ID, would identify the driver and, if authorised, start the car, automatically adjust mirrors, steering wheel and seat, and offer music favourites. Gentex adds it could also authorise and allocate payments “including incidentals like tolls and parking and eventually even gas and fast food”.

    ‘Multi-factor fusion engine’ offers biometric authentication choice

    January 5th, 2017

    A new biometric authentication solution that offers smartphone, tablet and PC owners a choice of fingerprint or facial recognition has been unveiled. The “multi-factor biometric fusion engine” from US firm Synaptics allows users to choose how to authenticate based on personal preference or what is most convenient, such as choosing facial recognition when they are wearing gloves but fingerprint recognition at other times.

    Asus unveils smartphone that supports AR and VR

    January 5th, 2017

    Asus has announced the first smartphone to support both Google’s Tango 3D augmented reality and Daydream virtual reality technologies. The ZenFone AR, announced at CES 2017, comes with three rear cameras to create a three-dimensional model of the phone’s surroundings and track its motion. Powered by a Qualcomm Snapdragon 821 processor, Asus suggests the phone could help users tackle home-improvement projects and play more by interacting with virtual objects.

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