FinTech

Pilot of IDEMIA-FPC Biometric Payment Card Gets Underway in Japan

Pilot of IDEMIA-FPC Biometric Payment Card Gets Underway in Japan

“…IDEMIA’s F-Code revolves around fingerprint authentication. It features an embedded Fingerprint Cards sensor, designed to confirm users’ identities as they process a transaction, replacing the PIN-based security of contemporary chip cards.” The first major pilot of biometric payment card solution from IDEMIA and Fingerprint Cards is now getting underway. The project was first announced last…

HID Global Seeks to Seize Opportunity of Mexico’s Biometric Banking Regulations

HID Global Seeks to Seize Opportunity of Mexico’s Biometric Banking Regulations

“Seeking to seize the opportunity, HID Global has announced that it will demo its solutions at Expo Seguridad Mexico, a major security exhibition slated to run from April 24th to 26th in Mexico City.” HID Global is looking to put its biometric solutions front of mind for financial institutions in Mexico as they prepare for the…

Gemalto’s Biometric Visa Gets Middle East Distributor

Gemalto’s Biometric Visa Gets Middle East Distributor

“…using fingerprint technology to authenticate a person for payments will provide cardholders a faster, easier and more secure payment process compared to the traditional use of PINs.” – Maher Mikati, CEO, Areeba, Areeba, a Lebanon-based FinTech solutions provider, will offer Gemalto‘s biometric Visa card to its client in the Middle East. It’s the latest sign of…

FPC Sensor To Be Used In Payment Token Device

FPC Sensor To Be Used In Payment Token Device

“FPC Embedded Business Line SVP Niklas Strid framed the collaboration as part of Fingerprint Cards’ larger effort to expand beyond the mobile biometrics market, where FPC has attained a leading position over the last few years…” Fingerprint Cards technology is going to be used in a forthcoming authentication key device called JEM, the company has…

Organizers Reveal Speakers for Inaugural Money20/20 Asia

Organizers Reveal Speakers for Inaugural Money20/20 Asia

“Organizers have also hinted at some of the major topics of Money20/20 Asia, including alternative lending, ‘augmented intelligence technology’, and tokenization in payments.” Just a month and a half ahead of the inaugural Money20/20 Asia event, organizers have announced some details including a roster of high-profile keynote speakers. Among them are some heavy-hitters: HSBC CIO…

HID Approve Gets Face ID Support on iPhone X

HID Approve Gets Face ID Support on iPhone X

Apple iPhone X users will now have another meaning of “face time” with HID Global announcing Face ID support on its HID Approve two-factor mobile authentication and verification platform. The new facial recognition feature is a way for users to ensure more secure access, and avoid fraud, theft, cyber threats, or misuse. “With the growing…

Biometrics, AI to Have Big Year in FinTech: Unisys

Biometrics, AI to Have Big Year in FinTech: Unisys

Biometric and artificial intelligence technologies will have a big year in the financial services sector, and will help smaller banks to offer cutting-edge solutions to their customers, predicts Unisys. The company says that this is the year that “biometric authentication will go mainstream”, according to a statement announcing its predictions. And that mainstreaming process will…

HID Global Teams with R&D Lab to Develop Anti-Fraud Solutions for Financial Services

HID Global Teams with R&D Lab to Develop Anti-Fraud Solutions for Financial Services

HID Global has announced a new partnership aimed at developing anti-fraud technologies for the financial services sector. Its new partner, ThreatMark, bills itself as an R&D lab specializing in malware detection, artificial intelligence, and behavioral biometrics. The firm is based in the Czech Republic and has a London office as well. In a statement announcing…

INTERVIEW: Visa Canada’s Gord Jamieson on the Popularity of Financial Biometrics [AUDIO]

INTERVIEW: Visa Canada’s Gord Jamieson on the Popularity of Financial Biometrics [AUDIO]

Visa Canada recently made headlines by publishing survey results indicating that Canadians’ familiarity with biometric technologies is stoking greater enthusiasm for fingerprint authentication in payments scenarios. Commissioned by Visa, the survey was conducted by AYTM Market Research and provided insights into how Canadian adults feel about different biometric modalities. FindBiometrics President Peter O’Neill recently spoke…

VOXX International Corporation Appoints Subsidiary Company EyeLock’s New CEO

VOXX International Corporation Appoints Subsidiary Company EyeLock’s New CEO

VOXX International Corporation announced that Jeff Carter, formerly Chief Technology Officer of EyeLock, LLC , the Company’s majority owned subsidiary, has been appointed as Chief Executive Officer of EyeLock, effective immediately. EyeLock looks forward to working with Carter, seeing potential in the new CEO, “Jeff has been central to the development of EyeLock’s intellectual property,…

UnionPay Showcases Face-Based Naked Payments System at SFF 2017

UnionPay Showcases Face-Based Naked Payments System at SFF 2017

UnionPay, China’s major financial services organization, unveiled multiple new technologies for commerce at this month’s Singapore FinTech Festival (SFF), including a naked payments system based on facial recognition. Called FacePay, the system links a user’s face biometrics to their payment accounts, allowing them to make purchases just by presenting their face to a compatible POS…

New Biometric Banking Solution to Enter Pilot Trial in December

New Biometric Banking Solution to Enter Pilot Trial in December

A new biometric authentication solution for mobile banking applications is about get go into a pilot test. The solution, CardLok, comes from New York-based Ipsidy. It’s a multi-factor biometric authentication platform designed specifically for use by financial institutions. It’s going to be trialed this December by Miami-based Intercredit Bank, N.A., which will offer it to…

Smart Vending Machines to Incorporate EyeLock Iris Scanning Tech

Smart Vending Machines to Incorporate EyeLock Iris Scanning Tech

EyeLock’s iris recognition technology will be integrated into a high-tech vending machine thanks to a new partnership with ViaTouch Media. The latter’s ‘Vicki’ vending machine will be unveiled to partners and potential investors at a private event this Thursday, and will subsequently be showcased at January’s Consumer Electronics Show. The machine uses an interface similar…

FIDO-Based Biometrics Are Going To Make Shopping With Android Easier

FIDO-Based Biometrics Are Going To Make Shopping With Android Easier

With the help of FIDO Alliance standards, Google is about to make shopping a lot easier on Android smartphones. Taking to the stage at this week’s Money20/20 event in Las Vegas, Google Identity and Security Product Manager Christiaan Brand demoed how user information can automatically be filled in on mobile checkout forms, and purchases can then…

Money20/20: New Mastercard Shopping System Combines AR, Wearables and Biometrics

Money20/20: New Mastercard Shopping System Combines AR, Wearables and Biometrics

Together with Qualcomm Technologies and Osterhout Design Group (ODG), Mastercard has developed an augmented reality shopping systems for its Masterpass and Identity Check systems. The solution lets shoppers look at virtual items and information in real-world environments, and purchase them with biometric verification. As demonstrated at this week’s Money20/20 event in Las Vegas, the system operates…

FindBiometrics and Money20/20 Announce Premier Partnership

FindBiometrics and Money20/20 Announce Premier Partnership

FindBiometrics and Money20/20 have agreed to a Premier Biometrics Media Partnership in a critical and disruptive time for the financial and identity management industries. October 23, 2017 — FindBiometrics, the most trusted online voice in biometrics and identity management, and Money20/20, the host of the world’s largest global events enabling payments and financial services innovation,…

Biometrics and Tokenization Help Mastercard Go Signature-Free

Biometrics and Tokenization Help Mastercard Go Signature-Free

Mastercard is almost ready to leave signatures behind. The company has announced that after April of next year, no signatures will be required for any debit or credit purchase in the US or Canada. Receipt signatures are already well on their way out the door, of course. Recognizing that they’re pretty much useless as a…

INTERVIEW: Tracey Davies, Managing Director, Money20/20

INTERVIEW: Tracey Davies, Managing Director, Money20/20

Next week all eyes will be on Las Vegas for Money20/20, the biggest and most essential payments and FinTech industry event in the world. As usual, FindBiometrics will be there, reporting from the ground floor and sparking the financial biometrics discussion with our panel: Biometric FinTech in the Real World. FindBiometrics President Peter O’Neill recently had…

HSBC Embraces FacePhi Technology For Facial Recognition

HSBC Embraces FacePhi Technology For Facial Recognition

“In a statement announcing its partnership with HSBC, FacePhi emphasized that Euromoney magazine recently named HSBC the “World’s best bank”, suggesting that its embrace of biometric technology has helped to burnish its profile.” HSBC customers will soon be able to log in to their mobile apps via facial recognition, thanks to a new partnership with…

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