Mobility

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…

FedID 2018: The New Face of Face Biometrics

FedID 2018: The New Face of Face Biometrics

FedID 2018 is underway in Tampa this week, and FindBiometrics is reporting live from the conference, where facial recognition technology is riding high on a new wave of popularity. The contactless modality has long been an important focus for government operations, but suffered the stigma born of consumer unfamiliarity, a lack of industry standardization, and…

New Partnership and $19.5M Series B Raise Tascent’s Profile

New Partnership and $19.5M Series B Raise Tascent’s Profile

“The company has just closed a $19.5 million series-B funding round led by NEC Corporation and Tano Capital, and featuring contributions from Min Aik Technology Co., Ltd.” Tascent is enjoying a rising profile on the back of a major collaborative partnership and successful funding round. The company’s latest partner is First Advantage, a background check and…

BRIEF: The Flip Side of the Biometric Facial Recognition Debate

BRIEF: The Flip Side of the Biometric Facial Recognition Debate

Facial recognition has been a hot topic for a long time now. But with technological advances now pushing the technology into the public sphere more than ever, it has started to attract even more heat in the form of controversy. Police use of the technology in particular has become the subject of a contentious debate…

Major East African Telecom to Implement Biometric SIM Registration

Major East African Telecom to Implement Biometric SIM Registration

A major East African telecom is preparing to implement biometric registration for customers who want to swap SIM cards into new devices. Announcing the plans to media, Safaricom CEO Bob Collymore explained that the idea is to curb fraud. One such criminal incident recently led to the arrest of 22 individuals, including Safaricom staffers, according…

Veridium Announces Support for Sovrin Blockchain Identity Platform

Veridium Announces Support for Sovrin Blockchain Identity Platform

Veridium has become a backer of the Sovrin Network, an identity platform based on blockchain technology. Administrated by the non-profit Sovrin Foundation, the platform is envisioned as a kind of global, public utility that is independent of government and business interests. The Sovrin Network is meant to store end user information on a distributed ledger,…

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…

Biometric Tech Tests Concert Fun Levels, St. Vincent Delivers

Biometric Tech Tests Concert Fun Levels, St. Vincent Delivers

Live Nation, together with Cisco and TBD Labs, has found scientific, biometric proof that music shows are fun. The companies arranged a St. Vincent concert in which attendees would all wear electroencephalogram (or ‘EEG’) headbands and skin sensors. These would measure listeners’ response to the performance in terms of brainwaves, galvanic skin response, and sweat levels.…

Veridium Wins Additional Grant to Explore Android Biometrics for the Unbanked

Veridium Wins Additional Grant to Explore Android Biometrics for the Unbanked

“Our goal is to help design a new banking model, using our biometric authentication technology to bring the unbanked into the financial services system. Additionally, over time, improve their circumstances, making it possible to open a bank account, apply for credit, and achieve a level of financial stability.” – Lori Cohen, CMO, Veridium Veridium has been…

Zighra Adapts Passive Authentication Solution to FIDO2

Zighra Adapts Passive Authentication Solution to FIDO2

“In a statement, Zighra suggested its FIDO2 adaptation was particularly well-timed given the recent implementation of the European Union’s General Data Protection Regulation (GDPR).” Zighra has adapted the on-device version of its authentication platform to comply with the FIDO Alliance’s latest standard, the Ottawa-based company has announced. Its solution revolves around behavioral biometrics, tracking how…

Precise Biometrics CFO to Step Down

Precise Biometrics CFO to Step Down

“…the decision will not take effect immediately, with Thuresson agreeing to remain in his role until a new CFO has been found.” Precise Biometrics‘ Chief Financial Officer is stepping down, the company has announced. In a brief statement, the company said that Göran Thuresson has made the decision “to leave Precise Biometrics and return to a role…

BIO-key Patent Could Capitalize on In-Display Sensor Trend

BIO-key Patent Could Capitalize on In-Display Sensor Trend

“Essentially, it’s designed to use facial and fingerprint recognition to enable continuous, passive biometric authentication of a smartphone user.” BIO-key has been granted a patent that it believes could be highly valuable to the company given current trends in mobile biometrics market. Entitled, “Utilization of Biometric Data”, the patent was first filed in 2015, and…

Panasonic Brings Face-Based Entry to Belgian Soccer Stadium

Panasonic Brings Face-Based Entry to Belgian Soccer Stadium

Fans of the Belgian soccer club RWD Molenbeek will soon be able to access their home stadium via biometric recognition. The service comes by way of Zetes, and thanks to facial recognition technology from Panasonic. For RWD Molenbeek fans, this means that when season tickets are ordered online, they’ll be asked to upload a selfie.…

ImageWare to Showcase Pillphone, GoVerifyID at AHIP 2018

ImageWare to Showcase Pillphone, GoVerifyID at AHIP 2018

America’s Health Insurance Plans (AHIP) Institute & Expo 2018 is slated for next week, and ImageWare is going to take the opportunity to showcase its Pillphone and GoVerifyID solutions. The product of a partnership with American Biometric Solutions at the start of last year, Pillphone (stylized “pillphone”) is a mobile app designed to connect healthcare…

Swiss Bank Looks to VeridiumID for Enterprise Authentication

Swiss Bank Looks to VeridiumID for Enterprise Authentication

“The development comes about a year after Veridium upgraded the VeridiumID platform to support biometric authentication through mobile apps, and about a month after it enabled VeridiumID support for Citrix Cloud and other Azure Active Directory apps.” A major Swiss bank is going to use VeridiumID across its entire enterprise environment. In a statement announcing…

INTERVIEW: Biocryptology CEO Ted Oorbals at Money20/20 Europe [AUDIO]

INTERVIEW: Biocryptology CEO Ted Oorbals at Money20/20 Europe [AUDIO]

With fingerprint sensors now widespread across all manner of smartphones, Biocryptology has settled on a ubiquitous biometric basis for its user authentication platform. And with financial services organizations increasingly looking to mobile biometric solutions for customer authentication and onboarding, Money20/20 Europe offers an ideal venue for Biocryptology to reach an audience. To that end,  Biocryptology…

INTERVIEW: FacePhi CEO Javier Mira at Money20/20 Europe [AUDIO]

INTERVIEW: FacePhi CEO Javier Mira at Money20/20 Europe [AUDIO]

With consumers getting more and more familiar with mobile facial recognition technology thanks to commercial products like Apple’s face-scanning iPhone X, and increasingly doing things like banking and shopping online, various financial services organizations are showing interest in customer verification solutions like that of FacePhi. The company’s system is designed to use a standard mobile…

Money20/20 Europe: Biocryptology Puts the Spotlight on Fingerprint Authentication

Money20/20 Europe: Biocryptology Puts the Spotlight on Fingerprint Authentication

“It all made for a compelling case during Money20/20 Europe, where biometric authentication has been enjoying a rising profile over recent years and is likely of particular interest now that GDPR has come into play.” Spain-based biometric authentication specialist Biocryptology put biometric authentication in the spotlight on the first day of Money20/20 Europe with a major…

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