payments

Samsung Pay Officially Launches in India

Samsung Pay Officially Launches in India

“The platform arrives in the country at an awkward time. IDFC Bank has just launched its Aadhaar Pay mobile app, allowing merchants to accept payments on their smartphones without the need for customers to use their own smartphone or even a payment card.” Samsung has officially launched its mPayment platform in India. The development arrives…

Taiwan’s Financial Supervisory Commission Grants Banks Apple Pay Approval

Taiwan’s Financial Supervisory Commission Grants Banks Apple Pay Approval

Taiwan’s financial regulator, the Financial Supervisory Commission, has granted approval to seven major banks to offer Apple Pay – Apple’s biometrically secured mobile wallet – to their customers, paving the way for the service to launch in the state. The banks concerned are Union Bank of Taiwan, First Commercial Bank, CTBC Bank, Taishin International Bank,…

Mastercard Study Shows Consumer Interest in Biometric mPayments Security

Mastercard Study Shows Consumer Interest in Biometric mPayments Security

“According to the report, 43 percent of the consumers analyzed in the study “expressed interest in biometrics and other forms of authentication” to improve digital payments security, and 51 percent of those conversations were driven by advancements in facial and fingerprint recognition.” Together with PRIME Research and Synthesio, Mastercard has been listening in on some…

Naked Payments Platform Arrives in Indonesia

Naked Payments Platform Arrives in Indonesia

Japan-based naked payments pioneer Liquid Inc. is bringing its fingerprint-based payments service in Indonesia. As Bangkok Post reports, the platform arrives via a partnership with domestic conglomerate Salim Group, which runs businesses ranging convenience stores to car dealerships. They’re going to start registering users’ fingerprints immediately, with plans to install fingerprint readers in Salim stores…

ING Direct and Macquarie Embrace Apple Pay in Australia

ING Direct and Macquarie Embrace Apple Pay in Australia

ING Direct and Macquarie are embracing Apple Pay in Australia, with the financial services organizations joining ANZ Bank in supporting the digital payment platform while the country’s major banks continue to resist its emergence. The firms evidently see an opportunity to get a competitive edge in the Australian market. As Reuters reports, each organization holds only…

Aadhaar Pay Takes Shape in India

Aadhaar Pay Takes Shape in India

Aadhaar Pay is starting to take shape and could launch imminently. The idea was announced by Indian authorities late last year as the government ramped up efforts to transform India into a cashless society. Aadhaar Pay is a kind of hybrid between mobile payments and naked payments: Customers need only to pay with biometric scans,…

Eyeprint ID Could Expand ‘Dramatically’ Across Alipay Base: EyeVerify

Eyeprint ID Could Expand ‘Dramatically’ Across Alipay Base: EyeVerify

A wide swath of Alipay users now have access to Eyeprint ID security, and the company behind the system, EyeVerify, is celebrating the deployment in a new blog post outlining the system’s advantages. An obvious one is ease of use, particularly given that Alipay already employed a facial recognition authentication system using a mobile interface…

Year in Review 2016: Top Areas of Application Pt. 1

Year in Review 2016: Top Areas of Application Pt. 1

In December we polled 165 professionals in biometrics and identity related industries about various topics from the past year. It was part of the FindBiometrics Year in Review, the longest-running and best regarded industry retrospective of its kind. Now in its 14th consecutive year, the FindBiometrics Year in Review is your resource to start 2017…

Indian Gov’t Negotiating with Banks on Aadhaar Payments Incentive Program

Indian Gov’t Negotiating with Banks on Aadhaar Payments Incentive Program

The Unique Identification Authority of India is working with banks in the country to establish incentive programs to get shopkeepers in rural areas to start accepting Aadhaar-enabled payments, reports Deccan Herald. Aadhaar is, of course, the country’s national biometric ID system, which is expanding to more and more applications, with the vast majority of the country’s…

Singapore FinTech Firm Pitches Naked Payments to Hospitality Sector

Singapore FinTech Firm Pitches Naked Payments to Hospitality Sector

Singapore-based FinTech firm Touche has launched a new payments platform that lets merchants accept fingerprint scans as a payment option, reports Channel NewsAsia. The system links participating customers’ fingerprints to their credit cards, allowing them to forego use of the cards themselves after registering. It just launched in Singapore with its first customer, a restaurant…

New Payments System to Let Indian Citizens Pay with Their Fingers

New Payments System to Let Indian Citizens Pay with Their Fingers

Indian citizens will soon be able to pay for goods and services using only their fingerprints. Elaborating on a program initially announced earlier this month, the country’s Minister of Information Technology (and Law and Justice), Ravi Shankar Prasad, has announced that the government is stepping up efforts to promote payments via Aadhaar, the country’s national…

Year in Review: Mobility and FinTech By Way of Events

Year in Review: Mobility and FinTech By Way of Events

Mobility and finance have long been major areas of excitement, innovation, and adoption in biometrics, and that trend held strong in 2016. From the get go, this year has seen substantial momentum in both areas of biometric application, and for good reason: mobility, biometrics, and financial services are positively linked. As innovations in mobility allow…

Indian Gov’t Announces Aadhaar Mobile Payment App

Indian Gov’t Announces Aadhaar Mobile Payment App

The Unique Identification Authority of India, or UIDAI, is getting ready to enable mobile payment transactions based on Aadhaar, the country’s national biometric ID program. Following a recent ministerial meeting on how to facilitate the Prime Minister’s Office’s promotion of digital payments, the UIDAI has announced that it will release an Android app this month…

Apple Pay Comes To Spain Via Banco Santander

Apple Pay Comes To Spain Via Banco Santander

Banco Santander has now enabled Apple Pay support in Spain. In so doing, it holds claim to being the first Spanish financial institution to offer Apple’s mPayment platform. It actually enabled Apple Pay in the UK last year, and offered support to rival mPayment platform Android Pay toward the end of this past summer. It…

Financial Biometrics Month 2016: The Roundup

Financial Biometrics Month 2016: The Roundup

Financial Biometrics Month 2016 has come to an end at FindBiometrics. All November long we shone a spotlight on the exciting, dynamic and always evolving world of biometric FinTech. Weekly featured content, industry news coverage, and an expert webinar panel all helped paint a picture of the current state of biometrics-enabled commerce and shed some…

Apple Pay Support Dramatically Expands in Russia

Apple Pay Support Dramatically Expands in Russia

Apple Pay’s base of support in Russia has dramatically expanded today, letting more Russians order products and services through their iPhones and verifying them with secure Touch ID fingerprint recognition. While the mPayment platform launched in the country almost a month ago, it was supported at launch only by Sberbank and Mastercard. Now, as MacRumors…

Biometrics Panel Sells Out at Money20/20 – 1,000 FinTech Execs Attending

Biometrics Panel Sells Out at Money20/20 – 1,000 FinTech Execs Attending

Biometrics and Identity at Money 20/20 – Pt. 2 “The tremendous reception for FindBiometrics and Mobile ID World’s third annual biometrics panel at the world’s hottest FinTech show cements our position at the center of the financial biometrics and identity communities,” – Peter O’Neill, President, FindBiometrics and Mobile ID World On Monday at Money20/20 in Las…

Samsung Pay Coming To Malaysia, Russia, and Thailand in 2016

Samsung Pay Coming To Malaysia, Russia, and Thailand in 2016

Samsung is extending the reach of its mobile payment service online and in real life. Looking to the latter, the company says it will launch Samsung Pay in Malaysia, Russia, and Thailand by the end of the year. Apple Pay launched in Russia earlier this month, but Samsung Pay could leapfrog ahead by debuting in Malaysia…

Biometrics and Identity at Money20/20 – Pt. 1

Biometrics and Identity at Money20/20 – Pt. 1

This week FindBiometrics is in Las Vegas for Money20/20 2016 where biometrics are bigger than ever before. For three consecutive years we have hosted panel discussions at the major FinTech event, watching the audience steadily grow along with the number of biometrics vendors on the exhibition floor. On Monday, FindBiometrics president Peter O’Neill once again took…

Money20/20: FIDO Developing mPayment Standard with EMVCo

Money20/20: FIDO Developing mPayment Standard with EMVCo

The FIDO Alliance is working with EMVCo to develop a new authentication specification specifically for mobile payments, the organizations have announced at Money20/20 in Las Vegas. The standard will be designed to apply to mobile wallets and mobile payment platforms like Apple Pay and Android Pay, and it’s going to be developed as an extension…

What to Expect at Money20/20 2016

What to Expect at Money20/20 2016

The Money20/20 conference kicks off today in Las Vegas, with digital security and biometric solutions in particular expected to once again be hot topics. Digital security companies are planning some big showings, of course. STC Group, represented in the US by SpeechPro, will show off its OnePass multimodal authentication system and its VoiceKey voice recognition…

News Roundup: Fingerprints, FinTech and Healthcare

News Roundup: Fingerprints, FinTech and Healthcare

Last week at FindBiometrics fingerprint biometric upgrades and integrations took the spotlight while FinTech, contactless modalities, and healthcare biometrics rounded out the industry news coverage. Here is a look back on last week’s top stories in global identity management: Samsung Samsung Electronics was named among the world’s best brands last week as the clock ticked…

Apple Pay Web Support Coming To Staples

Apple Pay Web Support Coming To Staples

“The brands are helping to popularize … with Touch ID fingerprint scans still required on paired devices for payment authentication.” Some big names are adding support for Apple Pay on the web, reports AppleInsider. Customers of office supplies retailer Staples will soon be able to make online orders via Apple Pay on the Safari browser. Meanwhile,…

Desjardins Announces Apple Pay Support

Desjardins Announces Apple Pay Support

Canadian financial services institution Desjardins Group has announced its support for Apple Pay. In a statement announcing its support for Apple’s mobile payment platform, the bank placed a particular emphasis on its security, noting that customers’ “actual card numbers are not stored on the device, nor on Apple servers,” but are instead encrypted into a…

South Africa’s First National Bank Launches Its Own Apple Pay Rival

South Africa’s First National Bank Launches Its Own Apple Pay Rival

“…the new version of the app will also support fingerprint scanning for login on both Android and iOS.” South Africa’s First National Bank is delving into mobile payments with a new version of its app. Taking its cue from the most prominent mPayment platforms, like Apple Pay and Samsung Pay, the bank has dubbed this new…

Apple Pay Has Launched In Russia

Apple Pay Has Launched In Russia

Apple Pay has launched in Russia. The mobile payment service makes its debut in the country with the support of Mastercard and domestic bank Sberbank. Retailers onboard to accept Apple Pay include Media Markt, BP, and Atak supermarkets, with Burger King promising coming support. It’s a bit of a get for Apple in a country…

News Roundup: Samsung Teams Up With Mobile ID World

News Roundup: Samsung Teams Up With Mobile ID World

Last week at FindBiometrics we brought Law Enforcement Biometrics Month to a close while announcing the next big biometrics industry webinar, co-hosted by Samsung SDS America and our sister site Mobile ID World. Meanwhile, the industry news had us talking about under-glass fingerprints sensors, biometrics powered payments, and the newly announced candidate in exclusive talks…

Japan Biometric Tourism System to Enter Trial Phase Next Month

Japan Biometric Tourism System to Enter Trial Phase Next Month

Authorities in Japan have set a launch date for trials of their biometric payments system. It will go live in certain areas starting October 1st. The concept first came to light this past spring with reports that the Japanese government, together with Dai Nippon Printing and Deloitte Tohmatsu Consulting, was exploring technology that would allow…

Pakistan Welfare Program to Link Payments to Biometrics

Pakistan Welfare Program to Link Payments to Biometrics

A major social welfare program in Pakistan is shifting to biometric payments for its subsidies. The board of the Benazir Income Support Programme (BISP) decided this week that it will shift all modes of payments to a concept based on biometric authentication in a project starting immediately. The Express Tribune cites an unnamed BISP official as…

Deloitte Sees Rise of ‘Touch Commerce’

Deloitte Sees Rise of ‘Touch Commerce’

In a new market report, Deloitte is heralding the rise of ‘touch commerce’ – digital payment systems that let customers conduct transactions through their mobile devices’ fingerprint scanners. The financial consulting firm predicts that this year alone, the number of consumers regularly performing such transactions will reach 50 million, an increase of 150 percent. That’s because…

Iris Scanning May Be Next Wave Of Mobile Biometrics

Iris Scanning May Be Next Wave Of Mobile Biometrics

Despite its massive recall, Samsung’s Galaxy Note7 smartphone could help to pioneer the next wave in mobile biometrics—iris scanning. That’s a potential implication of a new forecast from ABI Research. Citing the high-profile Note7, the firm predicts that in 2o21, the number of smartphones shipping with iris scanning technology will come to nearly 300 million.…

Apple Pay Finally Comes To The Web

Apple Pay Finally Comes To The Web

True to Apple’s promises, its mPayment platform is starting to emerge on the web. BigCommerce just recently announced its support, and, as AppleInsider reports, other online merchant networks—Shopify and Stripe—have also got on board. Website building platform Squarespace has also announced web support for its hosted merchants, and home decor site Wayfair is also accepting…

Japanese Bank Developing Facial Biometric Payments System

Japanese Bank Developing Facial Biometric Payments System

“It’s a concept similar to a fingerprint scan-based system currently being explored by the Japanese government that would allow tourists to make biometric payments during the Tokyo 2020 Olympics…” One of Japan’s biggest banks, Sumitomo Mitsui Financial Group, or SMFG, is exploring the use of facial recognition as a substitute for payment cards, reports The Yomiuri…

News Roundup: Civil ID Versus Organ Trafficking

News Roundup: Civil ID Versus Organ Trafficking

Last week at FindBiometrics we reported on the latest iris and fingerprint biometrics news coming out of the mobile sphere while civil ID and healthcare had us talking about the vertical markets. Here is a look back on last week’s top stories in global identity management: Iris Recognition Samsung clarified details about the iris scanner…

Bank of East Asia Supports Apple Pay, Goes a Step Further

Bank of East Asia Supports Apple Pay, Goes a Step Further

“Apple Pay by now has a huge roster of backing financial institutions around the world, but this kind of promotional support is rare.” The Bank of East Asia, Hong Kong’s biggest independent bank, is now supporting Apple Pay. And it’s going a step further, with special offers encouraging users to try out the service. BEA…

Gov’t, FinTech Backing Could Help Fingerprint Payments Take Off In Japan

Gov’t, FinTech Backing Could Help Fingerprint Payments Take Off In Japan

The Japanese startup developing the biometric payment technology to be used during the 2020 Olympics in Tokyo is hoping to reach a much broader market. Called Liquid Inc., the company is working on a system that would link a user’s payment account information directly to her fingerprint, thereby allowing her to confirm a purchase with…

News Roundup: What’s Next For Voice and Speech Recognition?

News Roundup: What’s Next For Voice and Speech Recognition?

Last week at FindBiometrics we featured an interview with Opus Research lead analyst and founder Dan Miller while voice and speech biometrics, forensics, payments tech, and more filled out the industry news headlines. Here is a look back on last week’s top stories in global identity management: What’s Next For Voice and Speech Recognition Opus…

News Roundup: FIDO Makes a New Ally

News Roundup: FIDO Makes a New Ally

Last week at FindBiometrics law enforcement and banking made up the bulk of the headlines. We saw new biometric smartphone integrations, a major new team up for The FIDO Alliance, and much more. Here is a look back on last week’s’ top stories in global identity management. Civil ID Civil ID made the news last week…

European Consumers Prefer Fingerprint Authentication: Survey

European Consumers Prefer Fingerprint Authentication: Survey

New research undertaken on behalf of Visa shows a growing enthusiasm for biometric authentication among European consumers. The research was conducted by Populus, which surveyed 14,236 individuals across France, Germany, Italy, Poland, Spain, Sweden, and the UK. Among the major findings: 68 percent of respondents expressed interest in using biometrics for payment authentication, and 73 percent…

FIDO, EMVCo to Collaborate on Chip Card Standards

FIDO, EMVCo to Collaborate on Chip Card Standards

The FIDO Alliance is teaming up with EMVCo, the regulatory body responsible for EMV chip standards, to explore how FIDO’s authentication standards could be incorporated into EMV frameworks. The organizations have signed a Memorandum of Understanding to start exploring the idea, and will start with an exploratory process that could lead to more substantial efforts in…

NEC Tests Out Biometric Payments in Tokyo

NEC Tests Out Biometric Payments in Tokyo

NEC Corporation is testing out a biometric payment solution at its main office building in Tokyo. It’s based on facial recognition, linking individuals’ faces to their payment information. In a trial project that started at the end of last month and is expected to run until the end of August, NEC employees are paying via…

Are Australian Banks Finally Going To Support Apple Pay?

Are Australian Banks Finally Going To Support Apple Pay?

Apple may be making some headway in negotiations with Australian banks over its mobile payment platform. According to a new report from iPhone in Canada, some Australians who have recently tried to upload their payment cards to Apple Pay have received Apple Pay setup verification texts from their banks. No official statements of support have yet…

Japan Tourism Project to Swap Credit Cards, Passports for Fingerprints

Japan Tourism Project to Swap Credit Cards, Passports for Fingerprints

Japanese authorities are preparing to test out biometric payments for a potentially large-scale deployment. The system will confirm payment transactions by scanning two fingerprints simultaneously. It’s a project being spearheaded by the government as a means of improving tourism ahead of the 2020 Olympics and Paralympics. The electronic, biometric payment system would automatically deduct taxes,…

ProPay Has Announced Samsung Pay Support

ProPay Has Announced Samsung Pay Support

US-based ProPay has announced Samsung Pay support. The company offers payment solutions to a wide range of organizations, from home-based small businesses to major corporations. Now, with its newly announced support, those clients who are using its ProPay JAK card reader and compatible Android or iOS app will be able to start processing Samsung Pay…

Barclays Enables Apple Pay

Barclays Enables Apple Pay

UK bank Barclays has finally enabled Apple Pay support. The move comes after lengthy delays. When Apple was negotiating with the country’s major banks ahead of its UK launch last summer, Barclays was a holdout until the last moment; and while it was officially on board for the mPayment platform’s debut, actual support, in terms…

Money20/20 Europe: Biometrics Are a Pillar of Samsung Pay

Money20/20 Europe: Biometrics Are a Pillar of Samsung Pay

Today at Money20/20 Europe mobile wallets were the talk of Copenhagen and Samsung was one of the prime movers in this trend. Elle Kim, Vice President, Samsung Pay, took the stage to give the audience an update on Samsung’s major mPayments platform. Here’s a rundown of what we learned: Samsung Sees Biometrics as a Pillar…

Google Aims To Go Hands Free, Scan Faces With Android Pay

Google Aims To Go Hands Free, Scan Faces With Android Pay

Google is testing out an experimental payment option for Android Pay based on facial biometrics. The company recently put out a call for participants for its new Hands Free project, which will operate in the South Bay area of Silicon Valley in cooperation with select merchants including McDonald’s and Papa John’s. One part of the project…

NXP Tech Enables Access Control, mPayment Functionality for Nymi Band

NXP Tech Enables Access Control, mPayment Functionality for Nymi Band

Nymi has teamed up with NXP Semiconductors to show off the possibilities of its biometric wristband at this year’s RSA Conference. NXP is providing NFC and Secure Element components for the Nymi Band to allow for not only access control but mPayment functionality; moreover, access control applications range from physical access control like unlocking doors to…

New POS Terminal Features Fingerprint Biometrics Tech

New POS Terminal Features Fingerprint Biometrics Tech

A new POS terminal incorporating fingerprint biometric scanning is going to make its debut at next week’s RetailTech Japan expo. Developed by Taiwan-based Posiflex, the HS-3510W is a standalone POS terminal for retailers. It features a 10″ touchscreen, an integrated printer, a barcode scanner, RFID and WiFi compatibility, and a built-in fingerprint reader. Another model,…

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