A facial biometric authentication service for money transfers has been launched by Korea International Trade Association subsidiary Korea Trade Network (KTNET), in collaboration with biometrics provider Daon and the Korea Smart Authentication Corporation... More
Identity
Gemalto’s PKI portfolio update lets TSPs roll out eIDAS compliant services
PARTNER NEWS: Digital security giant Gemalto has updated its Public Key Infrastructure (PKI) portfolio to include solutions for qualified electronic signatures that enable Trust Service Providers (TSPs) to roll out eIDAS (Electronic Identification and Services) compliant options for “easier and safer” cross-border electronic identification, signing and transactions... More
NFC and blockchain combined to create supply chain security solution
Pharmaceuticals, fine art and forensic evidence could be secured along their supply chains by a new identity and authentication prototype, incorporating NFC chips and blockchain registration and verification, unveiled by US blockchain and internet of things firm Chronicled... More
UK bank to extend trial of behavioural biometrics security
UK bank Natwest has trialled a behavioural biometrics system designed to offer continuous authentication throughout an online banking session, using more than 500 behaviour patterns to identify users and prevent fraud from unauthorised logins and automated attacks... More
NFC Forum calls on manufacturers to join NFC Tag Certification Program
The NFC Forum is calling on NFC tag manufacturers to join its new Tag Certification Program, which aims to provide global standards of interoperability with NFC-enabled mobile devices, as well as establishing tag compliance with the NFC Forum’s technical specifications... More
UK bank celebrates blockchain contactless payments trial
Metro Bank in the UK has successfully trialled a blockchain retail payment system, allowing consumers to make purchases from merchants equipped with contactless terminals, with merchant and consumer balances updated in real time... More
Mobile payments to become ‘de-facto payment mode’ in India after banknote change
Mobile payment transaction volume in India is expected to grow more than 90% each year over the next five years, with digital payments becoming the “de-facto payment mode” in the country, in the wake of the government’s withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes... More
R3 develops KYC registry using blockchain
Blockchain consortium R3 and 10 of its member banks have developed a proof-of-concept Know Your Customer (KYC) registry using distributed ledger technology to address the “challenges associated with satisfying regulatory requirements” and allowing identities to be managed by their owners... More
Visa and BioConnect work to enable multiple biometrics on mobile apps
Visa is working with biometric identity platform provider BioConnect to enable multiple methods of biometric authentication through a single mobile app... More
Fake glasses fool face recognition
A team of researchers from Carnegie Mellon University has fooled face recognition algorithms using a pair of fake glasses, New Scientist reports... More
French hotel and casino group to test biometric smart cards
French casino and hotel group Groupe Partouche has partnered with MeReal Biometrics to test the use of biometric smart cards by employees to access secure areas... More
Visas, passports and government ID secured using hybrid NFC and hologram tags
Government-issued documents such as visas and passports could be secured using a combination of NFC and hologram technology, following the announcement of a partnership between printed electronics specialist Thinfilm and authentication solutions provider Holoptica... More
Spanish bank offers ‘selfie’ service to open account
BBVA bank is offering new customers in Spain the chance to open an account with them using their mobile phone, with identity verified using face recognition and video calls... More
PKO Bank Polski customers get Trusted Profiles to access government services using banking ID
Some 35,000 customers of Polish bank PKO Bank Polski have created Trusted Profiles which allow them to log in to government services, file an application for an ID card or driving licence, obtain a criminal record certificate and sign documents electronically using only their banking IDs... More
European millennials demand higher standards for mobile payments services
One fifth of German millennials (21%), more than a third of Dutch millennials (36%) and Italian millennials (37%) and a quarter of UK millennials (25%) are now making mobile payments in-store, online and in-app, research released by UK payments infrastructure operator VocaLink reveals... More
NEC aims for face recognition for payments by late 2017
Japanese IT giant NEC is holding trials with banks and credit card companies to deploy facial recognition systems for payments, IT Wire reports... More
Smartphone users rate security most important app attribute, survey finds
PARTNER NEWS: More than two thirds of smartphone owners use mobile banking apps, while nearly 80% consider security and reliability the most important attributes of a paid app, says a survey by Gemalto which is now available to download from the NFC World Knowledge Centre... More
Apple unveils new MacBook Pro with Touch ID integration for Apple Pay payments
Apple has unveiled a new version of its MacBook Pro, including Touch ID to allow owners to make secure payments with Apple Pay from their laptop, as well as unlocking the machine and switching user accounts... More
NXP to be bought by Qualcomm in US$47bn deal
PARTNER NEWS: The US$47bn acquisition of NFC pioneer NXP by mobile chip giant Qualcomm will create the “leader of secure connected devices into the next decade” and address the emerging trends of internet of things (IoT), mobile transactions, payment cards, transit, and secure identification... More
Federal Reserve calls for industry input on payments security
A task force set up by the Federal Reserve is calling on the payment and banking industry for comments on its efforts to enhance payment identity management, data protection and information sharing related to payments risk and fraud... More