The ‘naked payments’ concept is poised to take off in a big way in South Korea this autumn, with three of the country’s top credit card companies announcing at the start of this week that they would support finger vein payments starting in October. As The Korea Times reports, it’s the product of Memoranda of…
Can’t quite remember your password at the ATM? Even if you can’t put your finger on your PIN, now you can just put your finger onto the machine to withdraw cash. China’s fourth largest bank, Bank of China Hong Kong recently announced it’s incorporated finger-vein authentication into 160 ATM machines across 18 districts and plans to…
Canada’s Green Rush presents a new frontier and thanks to the neighbours to the south, with pot vending machines that employ vascular biometric technology on the horizon. With the impending legalization of marijuana Canada, American Green Inc. recently announced an agreement has been signed with Dispension Industries Incorporated to be its exclusive Canadian distributor. American Green…
A Japanese bank is trialing a new authentication system with technology from Mofiria. AEON Bank has announced that thanks to trials at five of its branches, customers will now be able to access ATMs with biometrics alone – no cards or PINs. The technology is based on fingerprint and finger vein recognition, with the multimodality…
UK supermarket Costcutter is trialing a naked payments system based on finger vein recognition at its Brunel University location in London. Called FingoPay, the system was first announced by its maker Sthaler in the summer of 2016. It uses Hitachi-developed infrared scanning to identify the unique vein patterns of users fingertips, allowing for a biometric…
Hitachi has announced that it has developed a new system that would allow smartphone cameras to scan finger veins, allowing for a mode of mobile biometric authentication that it says is even more secure than fingerprint scanning. It doesn’t require the kind of infrared sensors traditionally needed for vascular scanning; all it needs is a…
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…
“Biometric ATMs may soon become much more commonplace in the region and around the world.” The Commercial Bank of Qatar has launched its biometric ATM system, 01 Systems has announced. Together with NCR Corporation, 01 Systems was contracted to implement the system, which uses finger vein authentication to eliminate the need for PINs or even…
Qatar’s first private bank, Commercial Bank QSC, is bringing biometric authentication to its ATMs, care of NCR Corporation and 01 Systems. In a statement announcing the move, NCR and 01 Systems said that the finger vein scanning technology will be used by the bank “to speed-up authentication and accelerate ATM transactions,” suggesting that biometric authentication will…
London-based Sthaler is hoping to shake up the payments industry with a new biometric solution that does away with cards, smartphones, and any other equipment on the user end. Called FingoPay, the system directly connects a user’s biometric profile to her payment information. It’s based on finger vein scanning, using Hitachi-made infrared scanners to detect…
An innovative new fingerprint scanning technology could bring biometric sensors to a even more devices and products. The technology comes by way of FlexEnable, a developer of flexible electronics, and ISORG, a specialist in organic photodetectors and large area sensors for electronic devices. Together, the companies have developed a flexible fingerprint sensor. Based on plastic, the…
November is coming to a close and with it we bring Financial Biometrics Month at FindBiometrics to its conclusion. The theme of the month was pervasive, extending from the pages of our featured articles section and flooding into our conference coverage and industry news. There is a lot to look back on in biometric finance this…
Visa Europe is experimenting with finger vein-based payments, the company has announced. Visa has teamed up with a UK-based biometrics startup called Sthaler to further develop finger vein recognition technology pioneered by Hitachi, and to use it for device- and card-free transactions. It works by connecting users’ finger vein patterns to assigned credit cards; when…
The UK’s Barclays bank has launched a new corporate online banking tool that relies on biometric authentication. Called iPortal, the system uses a Hitachi finger vein scanner as a PIN and password replacement. The iPortal system is designed to act as a central online hub for corporate banking services, offering information about accounts and products…
The makers of a new finger vein identification solution are banking on blood to get clients’ attention. Alabama-based Avion Solutions is launching it Biometric Identification Tool (BIT) with a blood drive at its headquarters. It’s the result of a preexisting partnership with Tennessee-based blood provider Blood Assurance, which helped to trial the BIT at two…
This is going to be a transformational year for the global biometrics market, according to a report from Frost & Sullivan. According to a report summary, the consultancy predicts “significant growth in both public and commercial applications” of the technology. The report uses 2014 as a base year, and notes that fingerprint scanning was the…
Though biometrics serve to bring an incredible amount of benefits to the healthcare industry, the gigantic risk associated with health data has served as a barrier preventing the kind of explosive traction we’ve seen in say, the payment solutions market. That having been said, biometric healthcare solutions are being used every day to shorten diagnosis…
Arig Bank of Mongolia has started using finger vein biometrics for customer authentication. The systems were supplied by biometric technology company M2SYS, working in concert with local partner Infinite Solution, and are now being used to authenticate almost 400,000 customers. M2SYS implemented the biometric scanning via its M2-FuseID finger scanner, which was installed in conjunction with the company’s Bio-Plugin middleware…
The Idiap Research Institute, in collaboration with the University of Applied Sciences and Arts Western Switzerland, has announced that they have developed a prototype for a finger-vein sensor for mobile applications. A photo of the device indicates that it’s about the size of a small smartphone, with a thicker area including a kind of socket…