Bank of America, Samsung pilot iris-scan logins — American Banker — “Half of the bank’s mobile app users are using fingerprint authentication, which BofA rolled out in 2015. In addition to the iris scanning pilot, it is exploring the use of facial scanning and voice recognition.”
Capital One forays into digital ID, aiming to leverage KYC know-how — American Banker — “Capital One is one of the first in the US to test if businesses will pay banks to check users’ identities, and if consumers will sign into websites through their banks the way they use social media accounts.”
Google is discussing its Wallet offering with all of the large banks, senior engineer Rob von Behren has told American Banker, but technical issues are an obstacle to moving their cards onto phones... More
Canadian airline WestJet is to test contactless and NFC payments for in-flight purchases, American Banker reports... More
Bling Nation, the company behind the first commercial NFC payments system in the US, has suspended service while it seeks to revamp its business model, American Banker reports... More
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