“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.…
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 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…
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 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…
“…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…
“…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…
“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…
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.…
“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…
“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…
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…
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…
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…
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]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-Bianca-Lopes-1-e1528314750152.jpg)
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…
![INTERVIEW: Jumio CRO Robert Prigge Talks GDPR Headaches at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-Jumio-620x350.jpg)
Using a smartphone camera to scan an end user’s face and identity documents – and applying facial recognition to compare them – is an idea that has caught on in a big way over the last year, and Jumio has emerged as one of the top providers of such technology via its Netverify solution. The…
![INTERVIEW: Fingerprint Cards SVP Thomas Rex Talks Biometric Cards at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-FPC-Thomas-Rex-2-620x350.jpg)
Fingerprint Cards has shown a strong determination to expand its fingerprint sensor business beyond the mobile market over the past year, and in so doing became one of the pioneers in the emerging area of biometric smart cards. With that technology now taking a bigger share of the spotlight than ever at this year’s Money20/20…
![INTERVIEW: Precise Biometrics’ Fredrik Sjoholm at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/HiRes6-620x350.jpg)
Precise Biometrics established itself as one of the world’s top providers of fingerprint algorithm software thanks at least in part to its prudent acumen, with the company having established a key partnership with fingerprint sensor provider Fingerprint Cards early on in the game, and later expanded its roster of partners as the mobile biometrics market…