News Roundup: Biometrics and FinTech

Last week at FindBiometrics we kicked off Financial Biometrics Month with a primer designed to get you up to speed on all the most recent happenings in the identity and commerce space, including the recent Money20/20 conference. In the industry news, fingerprints and mobility proved to be prolific as usual, elections tech made its share of headlines and BIO-key International was the focus of some exciting reports.

Here is a look back on last week’s top stories:

Financial Tech and Biometrics

paymentsNovember is Financial Biometrics Month and as a start we posted a primer focused on the topic of strong authentication in commerce. The financial vertical is one of the most active spaces in biometrics, so in addition to our featured content, the news was filled with headlines on the topic. Money20/20 continued to be a fixture despite having concluded the week prior, British Banks warned Apple Pay users to not store other people’s fingerprints on their iPhones, we learned that biometrics are paying off for MasterCard in the company’s Q3 report and saw iWallet seeking to upgrade its patent portfolio.

Here are the top stories in biometrics and finance from last week:

Financial Biometrics Month: The Primer

BBVA Compass Signs On for Touch ID App Login

Biometric Tech a Highlight of Money20/20 Conference

British Banks To Customers: Don’t Share Fingerprints

Biometrics Are Paying Off For MasterCard

iWallet Moves to Upgrade Patent Portfolio

Fingerprints

fingerprints

The Q3 reports are in from Precise Biometrics and Fingerprint Cards AB (FPC), and as you’d expect they are glowing. NEXT Biometrics was in the news too with the announcement of its involvement with the upcoming CARTES 2015 conference and we reported on a new appointment ro Integrated Biometrics’ leadership.

NEXT Biometrics to Demonstrate Fingerprint Sensor Integrations at Cartes 2015

FPC Q3 Results Do Not Disappoint

Fingerprint Cards Increases Share Capital

Precise Biometrics Benefits From Fingerprint Sensor Market Boom

Integrated Biometrics Welcomes Security Integration Expert

BIO-key International

Fingerprint protection icons on green background. Vector illustration.

BIO-key International was in the news last week with some major announcements. First came news that the fingerprint biometrics company secured $8.4 million in a new investment deal, and then we reported on its role as the exclusive biometric solutions partner of Microsoft in an upcoming 12 city promotional event for Windows 10 and Office 360.

Catch up with BIO-key’s big week with the links bellow.

BIO-key Secures $8.4m Investment Deal

BIO-key to Help Promote Windows Hello in 12-City Event Series

Facial Recognition

facial recognitionThe facial recognition news last week  was all over the world map. Controversy continued to spring up around the modality in Australia while news from the United Arab Emirates had us talking about police squad cars that can scan pedestrian faces. Facial recognition company Aurora, meanwhile, announced that it has received impressive third party evaluation for its infrared biometrics technology.

Regional Government Voices Opposition to Australian Facial Recognition Project

Independent Study Assesses Aurora’s Infrared Facial Scanning Tech

Future UAE Police Cars Will Scan Pedestrian Faces

The Election in the Philippines

Biometric Voter RegistrationOctober 31 was the biometric voter enrollment deadline in the Philippines, and while the nation’s commission on elections almost got everyone into their database, some eligible citizens didn’t scan their fingers in time.

Here’s how the Philippines is dealing with its efforts to biometrically register all elegible voters in time for its 2016 federal election:

Philippines’ Election Commission Registered 54.6m Voters’ Biometrics

Philippines’ Registration Period for Voter Biometrics Closes

Unregistered Biometrics See 100,000 Filipinos Lose Voting Rights in Davao City Alone

Standards

Mobile WorldLast week the FIDO Alliance announced that it now has 72 Certified products on the market, now including iOS authentication tech. Meanwhile, the IEEE was making strides in eHealth standards with the announcement of its latest specification, the Biometrics Open Protocol Standard.

IEEE Progresses in Development of eHealth Standards

iOS Offerings Among 72 FIDO Certified Products

Mobility

rp_62157982_thumbnail2-e1434567624147-300x176.jpgIn mobile device news last week we saw a new phone with Eyeprint ID, a Kickstarter for a handset that can scan your earprint, and a new handheld device from Corvus that features multimodal identification. Taking mobility to the streets, we reported on a new seat belt for smart cars that can monitor vital signs and also authenticate drivers via cardiac signatures.

Nubia Z9 Mini Elite Scans Eyes For Authentication

Kickstarter Launched For Earprint Scanning Phone

Corvus Launches Rugged, Multi-Modal Identification Handheld

Smart Car Seat Belt Can Authenticate Via Cardiac Biometrics

Law Enforcement, Defense, Border Control

Law Enforcement BiometricsAccording to a new report from the Electronic Frontier Foundation, police in California are increasingly turning to biometric solutions. The Department of Defense renewed its contract with MorphoTrust to continue using its Automated Biometric Identification System (ABIS), and Daon received a border control deployment in Dublin. Here’s how biometrics and government agencies have been working together to keep things safe:

California Police Increasingly Using Biometric Tech: Report

DoD Renews MorphoTrust ABIS Contract for $3.5m

Daon Deploys APC Pre-Screening at Dublin Airport

Interviews

placeholder-interviewsLast week at FindBiometrics we featured two interviews. First we spoke to Celeste Thomasson, President and CEO of MorphoTrak (Safran), as well as Steve Vinsik, the company’s Vice President & General Manager of Criminal Justice and Public Security. Later in the week we caught up with Peter Went, CEO of WCC Smart Search and Match on the role biographics are playing in modern day identity management.

INTERVIEW: Peter Went, CEO, WCC

INTERVIEW: MorphoTrak’s Celeste Thomasson and Steve Vinsik

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Stay posted to FindBiometrics throughout the week as we continue to bring you the best in identity management news. Be sure to follow us on Twitter so you don’t miss a thing.

November 9, 2015 – by Peter B. Counter