FinTech

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…

UK Supermarket Trials Naked Payments System Based on Finger Vein Recognition

UK Supermarket Trials Naked Payments System Based on Finger Vein Recognition

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…

Financial ID Briefing: Siri, Pay My Contacts

Financial ID Briefing: Siri, Pay My Contacts

The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. Siri, Be My Financial Assistant Convenience is a fundamental adoption factor in biometric FinTech, and with advances in artificial intelligence and speech recognition, we are on the verge of a major…

Financial ID Briefing: The Terrible Fear of Banking Fraud

Financial ID Briefing: The Terrible Fear of Banking Fraud

The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. Bank Fraud Versus Terrorism When It comes to collective nightmares shared by the American people, a new survey from FICO suggests that banking fraud and identity theft rank higher on the…

Financial ID Briefing: Biometrics Power Alibaba’s Cashless Cafe

Financial ID Briefing: Biometrics Power Alibaba’s Cashless Cafe

The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. Biometrics Power Alibaba’s Cashless Cafe Facial recognition, QR codes, and mobile tech combined to transform the retail experience at an experimental cafe run by Alibaba at the Taobao Maker Festival. Alibaba’s…

Financial ID Briefing: Banking With A Selfie

Financial ID Briefing: Banking With A Selfie

The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. Banking With a Selfie in Argentina ICBC, the largest bank in the world by asset volume, recently embraced facial recognition based security at its Argentinian subsidiary. The biometric security comes via…

Financial ID Briefing: The Biometric Superheroes of Money20/20 Europe

Financial ID Briefing: The Biometric Superheroes of Money20/20 Europe

The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. The Biometric Superheroes of Money20/20 Europe All of the biggest FinTech news of the summer landed last week in Copenhagen, where we reported live from Money20/20 Europe 2017. Year after year…

Money20/20 Europe: The Future of Payments is Biometric

Money20/20 Europe: The Future of Payments is Biometric

Like last year’s inaugural event, this year’s Money20/20 Europe conference and exhibition featured a wide range of exciting FinTech. Also like last year’s event, biometric technology proved to be extremely prominent. As commerce increasingly goes digital, biometric authentication has proven to be an effective and even necessary security measure, helping to ensure that customers are…

The Biometrics Industry Converges on Money20/20 Europe

The Biometrics Industry Converges on Money20/20 Europe

We are reporting live from Copenhagen at Money20/20 Europe this week, where the biometrics industry has converged to help usher in the future of identity in FinTech. Biometric Payment Cards As expected, biometric payment cards are taking up a big share of the security spotlight at Money20/20 Europe, with OT-Morpho and IDEX both making conference…

Money20/20 Europe: Hemant Mardia, CEO of IDEX, Talks Biometric Payment Cards [AUDIO]

Money20/20 Europe: Hemant Mardia, CEO of IDEX, Talks Biometric Payment Cards [AUDIO]

FindBiometrics is in Copenhagen for Money20/20 Europe, where the leading minds in FinTech are networking with executives from the biometrics industry helping transform commerce. Today, FindBiometrics President Peter O’Neill caught up with Dr. Hemant Mardia, CEO of IDEX, to talk about biometric payment cards and fingerprint sensor technology. Listen to our exclusive Money20/20 Europe interview with Dr.…

Money20/20 Europe: OT-Morpho Officially Announces Biometric Payment Card

Money20/20 Europe: OT-Morpho Officially Announces Biometric Payment Card

“In a statement announcing the biometric smart card, OT-Morpho emphasized its use for everyday EMV payments…” OT-Morpho has officially announced its biometric payment card solution at this week’s Money20/20 Europe expo. The card features NFC technology for contactless payments, and is EMV compliant. Of course, the standout feature is its embedded fingerprint sensor, with the…

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