The global vein recognition biometrics market in the banking, financial services and insurance (BFSI) sector is set to grow at a compound annual growth rate (CAGR) of 27.83% from 2014-2019, research firm Technavio predicts... More
Identity
Worldpay tests facial recognition for payments in stores
UK-based payment processor Worldpay is conducting trials of a facial biometric verification system for payments in stores, using a prototype device that includes an upward-facing camera embedded into a POS terminal... More
Bell ID gets HCE certification from global payment schemes
PARTNER NEWS: Mobile payments specialist Bell ID’s host card emulation (HCE) solution has been certified by three of the largest global payment schemes, the company has announced, making it the first vendor to receive approval from all three schemes for its HCE platform... More
Cyber experts unsure of mobile payment security
Just one in four cybersecurity experts (23%) believe that mobile payments are secure and can keep personal information safe, the 2015 Mobile Payment Security Study from IT professional association ISACA has found... More
Tascent raises $18.5m for mobile iris ID
Biometric identity solutions provider Tascent has announced a US$18.5m Series A funding round to build out its biometric technology platform... More
First Internet Bank enables Eyeprint ID
US-based First Internet Bank is letting customers log in to their mobile banking app by scanning their eye, using Eyeprint ID technology, rather than entering a user ID and password... More
Apple granted NFC and Touch ID patents
Apple has been granted 45 patents relating to NFC, Touch ID and Apple Watch in the US, Patently Apple reports... More
Half of Brits expect to replace cash with new technologies
More than a quarter of UK consumers (27%) think they will be making payments using wearable devices including watches and wristbands within 10 years, 22% think they will be regularly using their fingerprint to make those payments and 7% think they will use a microchip embedded in their body, research from Lloyds Bank reveals... More
Swiss develop ‘Sound-Proof’ authentication
Swiss researchers have unveiled a two-factor authentication mechanism dubbed ‘Sound-Proof’ that uses the noise recorded by a user’s phone and the device he or she wants to log into to verify identity... More
TD Bank to pilot NFC payments with Nymi biometric wristband
More than 100 TD Bank customers in Toronto, Canada are to begin piloting an NFC version of Nymi, a biometrically authenticated wristband that uses the wearer’s unique cardiac rhythm to verify their identity... More
Colombia festival visitors first to use Plazez mobile payments service
Thousands of visitors at last weekend’s Zona Picnic Club festival in the Colombian capital Bogota have become the first to use a mobile payment service developed by payment processor Paymentez and MasterCard to pay for food and drink at stalls throughout the event... More
Three in four consumers interested in using alternatives to passwords online
One in six consumers find usernames and passwords “cumbersome” and 77% are interested in using alternatives to protect their security on the internet, research from Accenture reveals... More
Dashlane adds fingerprint authentication
Password management and digital wallet app Dashlane is to let Samsung device users verify their identity using the fingerprint sensor on devices including the Galaxy S6, Galaxy S5, Galaxy Note 4 and Galaxy Note Edge... More
Gemalto shows trusted service hub in Shanghai
PARTNER NEWS: Gemalto will show off its Allynis Trusted Service Hub (TSH) at Mobile World Congress Shanghai this week, alongside demonstrations of other mcommerce, NFC, mobile ID and internet of things solutions... More
“Highly interested” Canadians ready for mobile payments
Some 14% of Canadian consumers say they are highly interested in making in-store mobile payments and 11% are also interested in using a wearable device such as a smartwatch to do so, research from payment services supplier Tsys has revealed... More
38% of Americans back biometrics
More than a third (38%) of Americans believe biometrics will increase their smartphone security, while 25% are skeptical and 37% don’t know, research from Unisys Security Insights finds... More
MasterCard to pilot biometrics for online shopping
MasterCard is to test a system that will approve online purchases with a face or fingerprint scan later this year... More
Global payments company to launch biometric cards with fingerprint scanner
An undisclosed global payments company is to incorporate bendable fingerprint sensors into smart cards as part of a worldwide program to be rolled out in partnership with Norwegian biometrics provider Idex... More
Sharp includes fingerprint sensor in flagship smartphone
Sharp is to include biometric provider Synaptics’ Natural ID fingerprint sensor in its latest flagship smartphone... More
OceanFirst Bank adds Touch ID
OceanFirst Bank is working with digital banking provider Digital Insight to begin offering Touch ID functionality within its mobile banking app... More