Financial

Financial Biometrics Month: Checking the Pulse of Biometric FinTech at Money20/20

Financial Biometrics Month: Checking the Pulse of Biometric FinTech at Money20/20

Money20/20 USA brought the biometrics industry to Las Vegas this week, where digital ID and strong authentication were so integral to the conversations, panels and exhibitions that it truly felt like an important milestone in identity. For years, FindBiometrics has been helping to facilitate the biometrics presence at the Money20/20 conference, so it always serves…

INTERVIEW: Will Summerlin, Founder and CEO, Pinn

INTERVIEW: Will Summerlin, Founder and CEO, Pinn

FindBiometrics President Peter O’Neill recently spoke with Will Summerlin, Founder and CEO, Pinn. The interview begins with an overview of the company’s background, as well as the authentication challenges it was founded to address, and Summerlin provides some insight into the company’s security offerings. The conversation shifts to talk of the rise in behavioral biometrics, their…

BioCatch Appoints Jay Mandelbaum to its Board of Directors

BioCatch Appoints Jay Mandelbaum to its Board of Directors

“Jay’s interest in joining BioCatch is a validation of the significant market potential for digital identity solutions like ours that enhance online security without disrupting the user experience.” – Howard Edelstein, BioCatch Chairman and CEO Behavioral biometrics specialist BioCatch has announced a new appointment to its board of directors: former JPMorgan Chase senior investor Jay Mandelbaum.…

How IDEX is Reinventing the Credit Card

How IDEX is Reinventing the Credit Card

The Next Step in FinTech The credit card is being reinvented, and plastic is going to make a comeback in the ongoing payments race. Thanks to the rise in mobile biometrics, FinTech has been an exciting space since the successful launch of Apple Pay in 2014. In fact, the most recent market research on the…

ImageWare Sales Update Shows Building Momentum, Fruitful Partnerships

ImageWare Sales Update Shows Building Momentum, Fruitful Partnerships

“…ImageWare says its biggest partner had sealed a deal with a Canadian financial institution, which will also take advantage of ImageWare’s biometric technology for employee authentication.” ImageWare says its sales strategy is starting to pay off, insisting that it is building momentum in a new ‘sales update’. The company says that three of its partners…

INTERVIEW: Ritu Favre, CEO, NEXT Biometrics

INTERVIEW: Ritu Favre, CEO, NEXT Biometrics

FindBiometrics President Peter O’Neill recently had the opportunity to speak with Ritu Favre, CEO of NEXT Biometrics. The conversation starts with a review of her first year as the company’s leader and her major accomplishments in the role. The conversation moves on to the major security benefits of NEXT’s large area sensors and the demanding…

Mastercard Touts Biometric Credit Card’s PSD2 Compliance

Mastercard Touts Biometric Credit Card’s PSD2 Compliance

Mastercard is anticipating a big jump in biometrically authenticated payments thanks to new regulations in the European Union. The PSD2 regulation has already officially been implemented in the EU, but its requirements for Strong Customer Authentication won’t come into play until this September. When they do, online payments and account access will require two of…

IDEX Joins The Asia Pacific Smart Card Association

IDEX Joins The Asia Pacific Smart Card Association

“…the company asserted that ‘APSCA has one of the largest business networks in Asia with over 11,000 payments and identity industry executives from end-users and suppliers, including senior decision-makers from government agencies, banks, credit card companies, transport and ticketing operators, mobile operators and merchants.’” IDEX has become a member of the Asia Pacific Smart Card…

FPC Sensor Used In Another Cryptocurrency Payment Card

FPC Sensor Used In Another Cryptocurrency Payment Card

“…the integration is another example of FPC’s ongoing efforts to diversify its business pursuits beyond the saturated mobile market in which it is a well-established player.” Fingerprint Cards‘ fingerprint sensor technology is being used to secure a new cryptocurrency payment card from Hong Kong-based MeReal Biometrics. In terms of its design, the “UKey” is very…

JCB Now Supports Apple Pay in Taiwan

JCB Now Supports Apple Pay in Taiwan

“The move comes soon after JCB enabled Google Pay in its home country, reflecting the company’s growing interest in novel payment technologies.” Japanese credit card company JCB is now supporting Apple Pay in Taiwan, the company has announced. JCB’s support in Taiwan comes in partnership with E.SUN Bank and Union Bank of Taiwan, with Taiwan…

mPOS Terminals About To Boom, And Biometrics Are Along For The Ride

mPOS Terminals About To Boom, And Biometrics Are Along For The Ride

Mobile Point of Sale (mPOS) terminals are going to see huge growth over the next several years, and a small chunk of them are going to be biometric, according to a new market forecast from Juniper Research. The firm predicts that by 2023, almost one in four POS transactions will be on mobile POS devices.…

Nuance Brings Biometric Caller Identification to Czech Republic

Nuance Brings Biometric Caller Identification to Czech Republic

“The technology replaces passwords and security questions, operating as the bank’s customers speak with its service representatives.” The Czech Republic’s biggest bank is now the country’s first to use voice authentication for customers, thanks to Nuance Communications. The company has announced that Česká spořitelna is now using its Security Suite solution to verify customers’ identities when…

Tradelink Partnership Produces Another Success for Daon in Hong Kong Banking Sector

Tradelink Partnership Produces Another Success for Daon in Hong Kong Banking Sector

“Our partnership with Tradelink continues to make a significant impact in the financial and banking industry throughout Hong Kong.” – Tom Grissen, CEO, Daon Daon is celebrating another successful deployment of its biometric authentication solution in collaboration with its Hong Kong partner, Tradelink. The companies have developed a password replacement solution for customers of Dah…

Biometric Banking to Generate $4.8B in Revenues by 2023: Goode Intelligence

Biometric Banking to Generate $4.8B in Revenues by 2023: Goode Intelligence

Goode Intelligence is predicting some serious growth for biometric technology in the banking sector. In a new report entitled “Biometrics for Banking: Market & Technology Analysis, Adoption Strategies and Forecasts 2018-2023 – Second Edition,” the market research firm predicts that by the end of 2020, 1.9 billion bank customers around the world will be using…

BRIEF: Some Highlights from Money20/20 Europe 2018

BRIEF: Some Highlights from Money20/20 Europe 2018

This year’s Money20/20 Europe is a wrap, and as always, the event offered a lot to take in. At its new home in the RAI in Amsterdam, Money20/20 Europe attracted more than 5,000 attendees from over 1,500 companies as well as major media attention, and covered innovations in a wide range of areas, from AI…

Payment Security Alliance to Focus On Biometrics, AI

Payment Security Alliance to Focus On Biometrics, AI

The National Retail Federation and other major merchant associations have teamed up to form a new coalition aimed at improving payment security in the US. Other new members of the coalition include the National Association of Convenience Stores, the National Grocers Association, the Food Marketing Institute, First Data’s Star Network, and the Shazam network. Called…

Behavioral Biometrics Can Plug Hole in PSD2 Security: BioCatch

Behavioral Biometrics Can Plug Hole in PSD2 Security: BioCatch

With the European Union’s big new privacy and data protection regulations now in place, EU citizens are now equipped with greater security than ever. But these protections aren’t watertight, with one particular flaw in the PSD2 regulation coming under BioCatch‘s magnifying glass. In a new blog post, the company points out that under PSD2 third-party…

INTERVIEW: Identity Strategist Bianca Lopes at Money20/20 Europe [AUDIO]

INTERVIEW: Identity Strategist Bianca Lopes at Money20/20 Europe [AUDIO]

During her time as the head of marketing for biometric authentication specialist BioConnect, Bianca Lopes established herself as one of the most prominent voices in the identity industry. And since leaving that post earlier this year, her voice has only gotten clearer, with Bianca now acting as an independent identity strategist. Catching up with FindBiometrics…

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