News about Password.
February 22nd, 2017
The European Banking Authority (EBA) is to modify its proposed plan for “strong customer authentication” on all remote payments over €10 (US$10.50), which would have required customers to present additional authentication at checkout such as…
February 8th, 2017
The volume of payments made by Chinese consumers during the 2017 Lunar New Year holiday using their smartphones and China UnionPay’s contactless payment service “increased nearly 21-fold, year on year,” news agency Xinhua reports. “Password-free payment under 300 yuan (US$44) surged a whopping 165-fold compared to the same period last year,” it adds.
January 27th, 2017
Social media giant Facebook has added the Fido Alliance’s Universal Second Factor (U2F) specification to its platform to strengthen its range of two-factor authentication methods which have previously been offered through an SMS service or…
December 12th, 2016
An update to US bank Citi’s mobile banking app allows customers to log in using a range of biometric authentication methods, including fingerprint, voice and facial recognition. “Citigold and Citi Priority clients may choose among five modes of authentication,” Citi says, including traditional PIN and password options.
December 5th, 2016
The Government of India is working on a mobile app that can be used by shopkeepers and merchants for receiving Aadhaar-authenticated payments, “bypassing credit and debit cards, PIN and password”, Business Standard reports. “Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar-enabled payment,” the publication says. The Unique Identification Authority of India (UIDAI) is also planning to increase the number of biometric authentications made through Aadhaar to 40 crore (400m) a day from 10 crore (100m) to “encourage more use of the platform”.
November 22nd, 2016
Visa is warning a proposal from the European Banking Authority (EBA) requiring every online transaction over €10 (US$10.61) to have additional authentication steps at checkout will “seriously disrupt online shopping and cause inconvenience for consumers”….
November 14th, 2016
Visa is working with biometric identity platform provider BioConnect to enable multiple methods of biometric authentication through a single mobile app. This means that if the consumer’s default biometric authentication method fails, they can use…
October 28th, 2016
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…
July 19th, 2016
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has released an updated version of Mobiquity Wallet, a digital wallet platform that launched in March 2014 with support for QR codes, Bluetooth, NFC and host card emulation (HCE).
July 18th, 2016
Brazilian consumers can now sign up to mobile and online only bank Neon by taking a selfie with their mobile phone. “Instead of authenticating with a username and password, customers will take a selfie to use facial biometrics,” technology provider Daon says. “Customers will be issued two Visa branded debit cards. The physical card will be used for POS purchases at retail locations while the virtual card will be used for online purchases. Customers will use facial recognition to access their account and to perform additional transactions, such as transfers and payments.” The service makes use of Daon’s IdentityX platform.
June 28th, 2016
Bankcard association UnionPay International has launched its host card emulation (HCE) and tokenization based mobile payment service in South Korea, enabling its cardholders to pay by tapping their mobile phones. The launch of UnionPay HCE mobile QuickPass is supported by mobile network operator KT and its subsidiary BCcard.
June 16th, 2016
More than 200 products from global technology leaders are now Fido certified, the Fido Alliance has revealed. “This represents a 100% increase since the start of 2016,” the organisation says. “These latest certifications include the first Fido certified products that support Bluetooth for wireless strong authentication.” Fido was launched in 2013 as an open security authentication concept to replace passwords with a range of methods such as biometrics. Support for Bluetooth Low Energy (BLE) and NFC was added in July 2015.
June 6th, 2016
Microsoft is to open up its Windows Hello biometric authentication solution so users can unlock a Windows 10 PC or laptop with a wearable device, the company announced during a keynote at Computex in Taiwan. “The head of Microsoft’s Windows Interact division, Li-Chen Miller, demonstrated the technology using the Nymi Band,” CNET reports. “By swiping her wrist past an NFC reader on her laptop, Miller logged in using Windows Hello, saying the process was three times quicker than typing passwords.”
May 26th, 2016
More than half of US and UK consumers (52%) prefer to log in to online accounts using “modern authentication methods”, research from Gigya reveals, including 29% who favour two-factor authentication and 20% who prefer biometric authentication.
March 30th, 2016
More than 100,000 customers of SK Telecom in Korea have subscribed to T Pay, a hands free mobile payment and rewards service based on Bluetooth Low Energy (BLE) technology that launched earlier this month.
March 15th, 2016
Capital One customers can now check their balances, pay bills and track their spending by talking to Alexa, the virtual assistant on Amazon’s Fire TV and Echo home shopping device. “You’ll need to download the Alexa app on your smartphone,” Capital One says. “When you have the app open, tap Skills in the menu and search for Capital One. Then click Enable and follow the prompts to enter your Capital One username and password so Alexa can access your account information.”
March 14th, 2016
Shoppers can now complete online purchases through Visa Checkout by sliding a virtual image of their credit, debit or prepaid card across the screen of their smartphone. “Now, instead of a lightbox, a consumer sees a picture of her card on the Visa Checkout button, swipes it to the right and simply enters her password inside the button itself to authenticate,” Visa says. “The interactive button is now available globally to merchants selling digital goods and services, or items that customers purchase online and pick up in a physical store.”
February 23rd, 2016
PARTNER NEWS: NXP has unveiled two new NFC products — an improved “connected tag” range designed to add intelligent tap-and-go connectivity to just about any electronic device and the PN7462 family of single chip NFC…
February 23rd, 2016
Consumers across the US, Canada and parts of Europe will soon be able to authenticate their online transactions with their fingerprint or face using MasterCard’s ‘selfie pay’ system. The confirmed launch of the service — expected this summer — follows a successful pilot in the Netherlands.
January 13th, 2016
More than half of UK consumers (54%) are willing to authorise payments using biometric technology, research from Experian shows. Accessing online accounts (64%) topped the list of services people are most willing to use biometric…