News about Biometrics.
April 20th, 2017
Employees at Pick n Pay supermarket stores and Absa Bank staff across South Africa have been trialling a biometric card developed by Mastercard that lets them make a payment at any EMV terminal and authenticate the transaction by placing their finger on the embedded sensor. Additional trials are planned over the next few months, with a full roll out expected “later this year”.
April 19th, 2017
Some 62% of New Zealand’s millennials would like to use a fingerprint or retina scan to make payments, viewing biometrics as “secure and convenient and having the cool factor”, research released by Visa reveals. “61% say they already use their smartphone to pay for everyday items,” the payment network adds.
April 18th, 2017
Customers of Lloyds Banking Group across the UK will soon be able to log into their online banking accounts using fingerprint or facial recognition through Microsoft’s Windows Hello biometric authentication technology. The banking group is to trial the solution with Lloyds Bank, Halifax and Bank of Scotland customers with Windows 10 devices in the second half of this year.
April 13th, 2017
LG plans to add facial recognition technology to its LG Pay mobile payments platform, according to The Investor. “After negotiations and a series of tests, the software will likely be deployed in the G6 as early as June when the tech giant is expected to start its mobile payment system LG Pay,” the publication reports. LG Pay was unveiled in March 2017, and will make use of Wireless Magnetic Communication (WMC) technology supplied by Dynamics.
April 10th, 2017
A six-page white paper that aims to educate mobile network operators on implementing successful in-store ID verification solutions is now available to download from the NFC World Knowledge Centre. ‘Five factors for quick and effective ID verification deployment’ has been produced and sponsored by Gemalto and explores the challenges ID verification brings, as well as identifying the key factors for its successful deployment and providing an in-depth look at how Gemalto’s ID verification solution works.
April 10th, 2017
Customers of Australia’s ANZ bank will soon be able to make higher value transactions on their mobile devices by authenticating the payment using their voice. “Previously customers needed to use internet banking or visit a branch to complete transactions of more than $1000,” ANZ says. The bank is using technology supplied by Nuance to enable the feature, which will be trialled by ANZ employees in May, with a wider rollout planned “from the middle of this year”.
April 3rd, 2017
Samsung Pay will be available for online payments at “hundreds of thousands of merchants around the world” where Visa Checkout is accepted later this year. The news follows an announcement by the company’s Justin Denison at Samsung Unpacked 2017 last week that the service was heading online through “strategic partnerships”.
March 30th, 2017
A new security white paper on Apple’s iOS 10 provides details about security improvements made to Touch ID as well as insight into the security infrastructure behind a feature of the operating system that makes it possible for developers to enable Apple Pay users to start a payment on a computer and finish it on their phone, Techcrunch reports.
Samsung reveals S8 with multi-biometrics, Samsung Pay reaches quarter of a billion transactions and adds online payments
March 30th, 2017
Samsung has unveiled its latest Galaxy S8 and S8 Plus flagship devices, with support for iris and facial recognition technology and a fingerprint sensor which is now located on the back of the phone. Samsung Pass deals with major banks, an expansion of Samsung Pay to include online payments and details of its Bixby virtual assistant have also been announced.
March 27th, 2017
Significant confusion and a high level of fragmentation can be expected over the next five years as European financial institutions become accustomed to new regulations under the Payment Services Directive (PSD2) which will open the door to new competition within the European payment services market, says Nordea Bank’s vice president of strategic business development, transaction banking and business innovation.
March 27th, 2017
More than half of UK consumers (56%) would prefer to use a biometric security method over traditional options like passwords to log into their financial accounts online, research released by Equifax reveals. 33% would prefer to use fingerprint recognition, 31% would like to use iris scanners, 7% facial recognition and 3% voice recognition.
March 17th, 2017
PARTNER NEWS: An eight-page guide exploring how key developments in mobile payments will shape the industry in the next three years is now available to download from the NFC World Knowledge Centre. ‘How will we pay in 2020’ has been produced and sponsored by Rambus, and provides an insight into host card emulation, NFC, invisible in-store payments, tokenization, biometric authentication and wearables.
March 16th, 2017
Samsung’s Galaxy S8 flagship smartphone “will employ facial-recognition technology for mobile payments within months of release,” Bloomberg reports. The handset, due to be unveiled on 29 March, will “blend fingerprint, iris and facial detection to verify users accessing mobile services including Samsung Pay”. Apple’s iPhone 7S, 7S Plus and 8 are also expected to come equipped with facial recognition later this year to replace the Touch ID fingerprint scanner.
MSC Cruises passengers to get onboard mobile payments and tailored holidays with NFC, beacons and biometrics
March 13th, 2017
Holidaymakers aboard ships belonging to MSC Cruises will soon be able to make onboard payments, tailor their individual holiday preferences and access features such as a digital personal advisor through facial recognition technology, NFC and…
March 7th, 2017
The Singapore government is to add open APIs, biometrics and encryption to its digital identity system, as well as launch a mobile P2P service to allow money transfers using mobile phone numbers. “Open APIs would allow others, including the private sector, to incorporate the digital identity features into their services,” GovInsider reports. “This means that the ID could potentially be used to access internet banking and other services.”
March 3rd, 2017
Digital wallets were the new way to pay most discussed by consumers on social media in 2016, the 2017 edition of the Mastercard Digital Payments Study has found, with consumers around the world also increasingly interested in the payments possibilities of virtual reality, artificial intelligence, smart home assistants, wearables, and the Internet of Things. Biometric security technologies were also a popular topic of conversation.
NXP reveals secure element and NFC solution that speeds transaction times, increases security and supports smaller form factors
February 27th, 2017
PARTNER NEWS: A new embedded secure element and NFC solution from NXP will make it possible for mobile transactions to be conducted at the same speed as contactless card transactions. It also enables biometric security,…
February 23rd, 2017
NFC World partners Rambus, Mahindra Comviva, STMicroelectronics, Dejamobile, NXP, Gemalto and Antelop will be attending Mobile World Congress in Barcelona from 27 February to 2 March. Here’s what you can expect to see and where…
February 23rd, 2017
PARTNER NEWS: Customers of French bank Crédit Mutuel Arkéa can now make host card emulation (HCE) based mobile payments using the bank’s Paylib mobile app and authorise payments at the point of sale with a…
February 22nd, 2017
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has launched PayPlus Aadhaar Pay, a merchant payment acceptance solution designed for rural India that will enable merchants to accept in-store payments through Aadhaar numbers and biometric-based…