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. More
LG plans to add facial recognition technology to its LG Pay mobile payments platform, according to The Investor... More
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... More
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... More
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”. More
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... More
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. More
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. More
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. More
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... More
Samsung’s Galaxy S8 flagship smartphone “will employ facial-recognition technology for mobile payments within months of release,” Bloomberg reports... More
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 Bluetooth Low Energy (BLE) beacons, plus a mobile app and interactive cabin TV screens... More
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... More
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... More
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... More
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... More
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 scan of their fingerprint, making it the “first bank offering a fingerprint-supported HCE solution in France”... More
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 authentication... More
Indian consumers can now make QR code-based mobile payments using BharatQR, a “low cost, interoperable mobile acceptance solution” backed by the Indian government and developed by Mastercard, Visa and National Payments Corporation of India (NPCI)... More
Apple has acquired RealFace, an Israel-based facial recognition technology startup, in a deal estimated to be “several million dollars,” Israeli financial website Calcalist reports... More