Apple Watch and iPhone users can now use Apple Pay Express Transit to pay for buses, trams, and the Underground in London. The feature allows the city’s commuters to purchase transit fare without Touch ID or Face ID authentication (or a double click of the Apple Watch), thereby allowing them to pass through turnstiles and…
Onfido is teaming up with Civic to provide secure customer onboarding for the latter’s upcoming cryptocurrency wallet. The blockchain-based Civic Wallet will allow users to store and trade cryptocurrencies without sharing any superfluous personal information, providing account access through a private key that will be stored on the user’s mobile device. Onfido will make it…
The Apple Pay network continues to expand. The tech giant has announced that its biometrically secured mobile wallet platform is now available in Iceland, launching with support from the Icelandic banks Arion Banki and Landsbankinn. More banks are expected to add support for the platform in the not-too-distant future. To use Apple Pay, Arion Banki…
“The French launch of Google Pay also comes after a major extension of its support in the US, with Google announcing in late summer that 111 additional banks and credit unions were supporting the platform.” Google’s mobile payments platform has finally arrived in France, long after its major rivals. Six banks and credit card companies – Boon,…
“…49 percent of respondents in Fiserv’s surveys said they would feel secure with biometric authentication in financial services.” Consumers are increasingly open to the idea of receiving financial services from tech companies, suggests new research from Fiserv, Inc. The findings come by way of Fiserv’s newly published “Expectations & Experiences: Channels and New Entrants” study,…
“It can also be programmed to unlock based on the correct sequence of fingerprint scans, essentially turning the digits of a user’s hand into the digits of a biometric PIN.” Ahead of this year’s Money20/20 Las Vegas event, newcomer ITBiometrics has been admitted into the event’s Startup Academy. The company offers a cryptocurrency wallet boasting…