payments

Financial Biometrics Month: The Fingerprint-Powered Comeback of Plastic Payments

Financial Biometrics Month: The Fingerprint-Powered Comeback of Plastic Payments

After the mobile wallet boom, it looked like biometrics were going to kill the credit card via the mobile wallet. By collecting all of a user’s accounts into a single device, protecting the data with biometrics, and adding the contactless convenience of NFC or MST technology – the latter which enabled tap-style convenience even on…

Financial ID Briefing: Biometrics at Money20/20

Financial ID Briefing: Biometrics at Money20/20

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. Read about their Premier Biometrics Media Partnership. Biometric Conversation @ Money20/20 Biometrics have had a growing presence at Money20/20 since its inception five years ago, and FindBiometrics played a major role…

‘Full-Scale’ Introduction of Naked Payments System Begins in Japan

‘Full-Scale’ Introduction of Naked Payments System Begins in Japan

Japan-based Liquid, Inc. is getting ready for a full-scale launch of its pioneering naked payments system, officially dubbed “Touch & Pay”. The system is designed to let consumers link their payment account information directly to their fingerprints, allowing them make purchases just by tapping their fingers, with no need for physical payment cards or even…

Face ID: Exactly How Revolutionary Is It?

Face ID: Exactly How Revolutionary Is It?

Apple has created quite a stir with its unveiling of the iPhone X, and not least because of its Face ID facial recognition system. Together with Apple’s framing of the issue, and the media response it has provoked, casual observers might be led to believe it’s a revolutionary new technology. But facial recognition in general…

Survey Shows iOS Users Skeptical About Using Face ID For Payments

Survey Shows iOS Users Skeptical About Using Face ID For Payments

The new facial recognition system on Apple’s iPhone X is generating a lot of buzz, but a sizeable proportion of iOS users are skeptical about whether they would actually use it, according to new survey findings from Juniper Research’s new report, “Consumer Attitudes to Mobile Banking & Contactless Payments”. Polling a thousand smartphone users evenly…

Raonsecure to Extend Reach of FIDO Biometric Authentication via New Partnership

Raonsecure to Extend Reach of FIDO Biometric Authentication via New Partnership

“…one immediate and tangible result of the partnership will be Infinitium’s adoption of biometric authentication into its products and services.” Korea-based mobile biometrics specialist Raonsecure has entered into a new partnership with Infinitium, a Malaysia-based electronic payments solutions provider focused on the APAC region. The companies will seek to combine their technologies and expertise to…

Alipay Enables Naked Payments at Upscale New KFC Restaurant

Alipay Enables Naked Payments at Upscale New KFC Restaurant

Alipay’s facial recognition payment system, Smile to Pay, is seeing its first extension beyond the smartphone in a new restaurant in Hangzhou, China. Called KPRO by KFC, it’s a kind of technologically advanced, upscale version of one of the fast food chain’s restaurants. An open kitchen serving freshly squeezed fruit juice and panini is complemented…

Mobile Biometric Payments Are Continuing To Evolve

Mobile Biometric Payments Are Continuing To Evolve

It’s now a more-or-less normal thing to be able to buy something by holding your phone near a payment terminal and scanning your finger to confirm the transaction – not yet commonplace, but certainly not unheard of. That’s thanks in large part to the pioneering efforts of Apple, which kickstarted the mobile biometrics revolution with…

IdentiMetrics to Provide Biometric Cafeteria Tech to Pennsylvania School District

IdentiMetrics to Provide Biometric Cafeteria Tech to Pennsylvania School District

Students at numerous public schools in Pennsylvania will soon be scanning their fingers to get their cafeteria lunches. The technology comes by way of IdentiMetrics, which will provide fingerprint recognition technology to the Hazelton Area School District, reports the Standard Speaker. The contract, valued at $8,887, was approved by the school board last week, with…

Money20/20 Europe: What Happens To Square When We Pay With Our Voice?

Money20/20 Europe: What Happens To Square When We Pay With Our Voice?

Money20/20 Europe kicked-off this morning in Copenhagen with keynotes from major names in global FinTech discussion how the industry is dealing with unprecedented innovation in connectivity, mobility, and commerce. Among the tech celebrities to take the stage was Jack Dorsey, CEO and founder of Square (who also happens to be the CEO of social media…

Financial ID Briefing: Fingerprint Scanning Payment Cards Get Commercialized

Financial ID Briefing: Fingerprint Scanning Payment Cards Get Commercialized

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. Fingerprint Scanning Payment Cards Get Commercialized Smart cards continue to be the latest battleground for the fingerprint sensor integration wars, and payment applications are the popular use case fueling the fire.…

Financial ID Briefing: Naked Payments Are Coming To The Middle East

Financial ID Briefing: Naked Payments Are Coming To The Middle East

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. LG Pay Launches in South Korea After years of speculation and waiting, a new mobile payments platform entered the pay-with-your phone market in South Korea last week. LG Pay, the long-rumored…

Could FinTech Applications Boost Wearable Tech Adoption?

Could FinTech Applications Boost Wearable Tech Adoption?

“The developments tie in well with a recent market forecast from Goode Intelligence, which predicted that while mobile devices will continue to lead the charge with respect to biometric authentication, wearable biometric authentication devices will pick up steam over the next few years and make up a growing proportion of the combined market…” There has been…

Is Facial Recognition Coming to Android Pay?

Is Facial Recognition Coming to Android Pay?

“…the code appears in the wake of the Hands Free pilot program, which Google recently shut down. That system used facial recognition, along with Bluetooth and Wi-Fi signals, to verify Android Pay payments.” Facial recognition may be coming to Android Pay, though with limited applications, according to a new report from 9to5Google. The speculation is…

EyeVerify Poll Shows Growing Appetite For Biometric FinTech

EyeVerify Poll Shows Growing Appetite For Biometric FinTech

New survey data suggests a growing appetite for biometric authentication in banking and payments. The data comes by way of EyeVerify and its recent online poll of 1,002 American adults, published in a new report entitled The Retail Banking Biometrics Confidence Report. Seventy-nine percent of respondents said they wanted to be able to use biometric…

Galaxy S8 Facial Recognition Not Ready For Payments: Report

Galaxy S8 Facial Recognition Not Ready For Payments: Report

Samsung won’t use facial recognition to confirm Samsung Pay payments anytime soon, reports The Korea Herald. While Samsung’s newest flagship smartphones, the Samsung Galaxy S8 and S8+, use the technology together with iris scanning for device unlocking, a source from within the company reportedly told the newspaper that the facial recognition technology will not be…

Mastercard Completes Successful Trials of Biometric Payment Card

Mastercard Completes Successful Trials of Biometric Payment Card

“The technology was trialed in South Africa in collaboration with Barclays Africa subsidiary Absa Bank, and supermarket chain Pick n Pay.” Mastercard has completed successful trials of its new biometric, contactless payment card and has more planned as it seeks to bring it to market. The announcement comes in the wake of Zwipe’s first public…

Financial ID Briefing: Money Talks Down Under

Financial ID Briefing: Money Talks Down Under

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. Samsung Pay Launches in UAE Samsung Pay has come to the United Arab Emirates. Initially arriving via an early access program, Mastercard quickly announced its support for Samsung’s contactless mobile wallet in the…

Samsung Pay Coming to UAE in Early Access Program

Samsung Pay Coming to UAE in Early Access Program

Samsung Pay is coming to the United Arab Emirates, announcing an “early access” program for the country. With Samsung having recently completed an “early access” program for India, this appears to be Samsung’s new way of announcing the coming arrival of its mobile payment platform for a given market. In India’s case, the early access…

FPC Demos Biometric NFC Smart Card

FPC Demos Biometric NFC Smart Card

“In a statement announcing the demo, FPC called it a ‘perfect solution for contactless payment cards that are quickly becoming popular with consumers around the world, in addition to ID and access cards’.” Fingerprint Cards has developed a demo smart card to show off its FPC1300 series of fingerprint sensors launched toward the end of last year.…

Three Markets Where Mobile Biometrics Are Making a Difference

Three Markets Where Mobile Biometrics Are Making a Difference

Mobile biometric technology is more than just unlocking your smartphone with your fingerprint, face, or iris. Many of the same innovations that have made biometrics flexible and affordable enough to integrate into consumer-facing hardware have also allowed for strong biometric identity to become a more prominent aspect of vertical markets on a global scale. This week,…

Samsung Pay Officially Launches in India

Samsung Pay Officially Launches in India

“The platform arrives in the country at an awkward time. IDFC Bank has just launched its Aadhaar Pay mobile app, allowing merchants to accept payments on their smartphones without the need for customers to use their own smartphone or even a payment card.” Samsung has officially launched its mPayment platform in India. The development arrives…

Taiwan’s Financial Supervisory Commission Grants Banks Apple Pay Approval

Taiwan’s Financial Supervisory Commission Grants Banks Apple Pay Approval

Taiwan’s financial regulator, the Financial Supervisory Commission, has granted approval to seven major banks to offer Apple Pay – Apple’s biometrically secured mobile wallet – to their customers, paving the way for the service to launch in the state. The banks concerned are Union Bank of Taiwan, First Commercial Bank, CTBC Bank, Taishin International Bank,…

Mastercard Study Shows Consumer Interest in Biometric mPayments Security

Mastercard Study Shows Consumer Interest in Biometric mPayments Security

“According to the report, 43 percent of the consumers analyzed in the study “expressed interest in biometrics and other forms of authentication” to improve digital payments security, and 51 percent of those conversations were driven by advancements in facial and fingerprint recognition.” Together with PRIME Research and Synthesio, Mastercard has been listening in on some…

Naked Payments Platform Arrives in Indonesia

Naked Payments Platform Arrives in Indonesia

Japan-based naked payments pioneer Liquid Inc. is bringing its fingerprint-based payments service in Indonesia. As Bangkok Post reports, the platform arrives via a partnership with domestic conglomerate Salim Group, which runs businesses ranging convenience stores to car dealerships. They’re going to start registering users’ fingerprints immediately, with plans to install fingerprint readers in Salim stores…

ING Direct and Macquarie Embrace Apple Pay in Australia

ING Direct and Macquarie Embrace Apple Pay in Australia

ING Direct and Macquarie are embracing Apple Pay in Australia, with the financial services organizations joining ANZ Bank in supporting the digital payment platform while the country’s major banks continue to resist its emergence. The firms evidently see an opportunity to get a competitive edge in the Australian market. As Reuters reports, each organization holds only…

Aadhaar Pay Takes Shape in India

Aadhaar Pay Takes Shape in India

Aadhaar Pay is starting to take shape and could launch imminently. The idea was announced by Indian authorities late last year as the government ramped up efforts to transform India into a cashless society. Aadhaar Pay is a kind of hybrid between mobile payments and naked payments: Customers need only to pay with biometric scans,…

Eyeprint ID Could Expand ‘Dramatically’ Across Alipay Base: EyeVerify

Eyeprint ID Could Expand ‘Dramatically’ Across Alipay Base: EyeVerify

A wide swath of Alipay users now have access to Eyeprint ID security, and the company behind the system, EyeVerify, is celebrating the deployment in a new blog post outlining the system’s advantages. An obvious one is ease of use, particularly given that Alipay already employed a facial recognition authentication system using a mobile interface…

Year in Review 2016: Top Areas of Application Pt. 1

Year in Review 2016: Top Areas of Application Pt. 1

In December we polled 165 professionals in biometrics and identity related industries about various topics from the past year. It was part of the FindBiometrics Year in Review, the longest-running and best regarded industry retrospective of its kind. Now in its 14th consecutive year, the FindBiometrics Year in Review is your resource to start 2017…

Indian Gov’t Negotiating with Banks on Aadhaar Payments Incentive Program

Indian Gov’t Negotiating with Banks on Aadhaar Payments Incentive Program

The Unique Identification Authority of India is working with banks in the country to establish incentive programs to get shopkeepers in rural areas to start accepting Aadhaar-enabled payments, reports Deccan Herald. Aadhaar is, of course, the country’s national biometric ID system, which is expanding to more and more applications, with the vast majority of the country’s…

Singapore FinTech Firm Pitches Naked Payments to Hospitality Sector

Singapore FinTech Firm Pitches Naked Payments to Hospitality Sector

Singapore-based FinTech firm Touche has launched a new payments platform that lets merchants accept fingerprint scans as a payment option, reports Channel NewsAsia. The system links participating customers’ fingerprints to their credit cards, allowing them to forego use of the cards themselves after registering. It just launched in Singapore with its first customer, a restaurant…

New Payments System to Let Indian Citizens Pay with Their Fingers

New Payments System to Let Indian Citizens Pay with Their Fingers

Indian citizens will soon be able to pay for goods and services using only their fingerprints. Elaborating on a program initially announced earlier this month, the country’s Minister of Information Technology (and Law and Justice), Ravi Shankar Prasad, has announced that the government is stepping up efforts to promote payments via Aadhaar, the country’s national…

Year in Review: Mobility and FinTech By Way of Events

Year in Review: Mobility and FinTech By Way of Events

Mobility and finance have long been major areas of excitement, innovation, and adoption in biometrics, and that trend held strong in 2016. From the get go, this year has seen substantial momentum in both areas of biometric application, and for good reason: mobility, biometrics, and financial services are positively linked. As innovations in mobility allow…

Indian Gov’t Announces Aadhaar Mobile Payment App

Indian Gov’t Announces Aadhaar Mobile Payment App

The Unique Identification Authority of India, or UIDAI, is getting ready to enable mobile payment transactions based on Aadhaar, the country’s national biometric ID program. Following a recent ministerial meeting on how to facilitate the Prime Minister’s Office’s promotion of digital payments, the UIDAI has announced that it will release an Android app this month…

Apple Pay Comes To Spain Via Banco Santander

Apple Pay Comes To Spain Via Banco Santander

Banco Santander has now enabled Apple Pay support in Spain. In so doing, it holds claim to being the first Spanish financial institution to offer Apple’s mPayment platform. It actually enabled Apple Pay in the UK last year, and offered support to rival mPayment platform Android Pay toward the end of this past summer. It…

Financial Biometrics Month 2016: The Roundup

Financial Biometrics Month 2016: The Roundup

Financial Biometrics Month 2016 has come to an end at FindBiometrics. All November long we shone a spotlight on the exciting, dynamic and always evolving world of biometric FinTech. Weekly featured content, industry news coverage, and an expert webinar panel all helped paint a picture of the current state of biometrics-enabled commerce and shed some…

Apple Pay Support Dramatically Expands in Russia

Apple Pay Support Dramatically Expands in Russia

Apple Pay’s base of support in Russia has dramatically expanded today, letting more Russians order products and services through their iPhones and verifying them with secure Touch ID fingerprint recognition. While the mPayment platform launched in the country almost a month ago, it was supported at launch only by Sberbank and Mastercard. Now, as MacRumors…

Biometrics Panel Sells Out at Money20/20 – 1,000 FinTech Execs Attending

Biometrics Panel Sells Out at Money20/20 – 1,000 FinTech Execs Attending

Biometrics and Identity at Money 20/20 – Pt. 2 “The tremendous reception for FindBiometrics and Mobile ID World’s third annual biometrics panel at the world’s hottest FinTech show cements our position at the center of the financial biometrics and identity communities,” – Peter O’Neill, President, FindBiometrics and Mobile ID World On Monday at Money20/20 in Las…

Samsung Pay Coming To Malaysia, Russia, and Thailand in 2016

Samsung Pay Coming To Malaysia, Russia, and Thailand in 2016

Samsung is extending the reach of its mobile payment service online and in real life. Looking to the latter, the company says it will launch Samsung Pay in Malaysia, Russia, and Thailand by the end of the year. Apple Pay launched in Russia earlier this month, but Samsung Pay could leapfrog ahead by debuting in Malaysia…

Biometrics and Identity at Money20/20 – Pt. 1

Biometrics and Identity at Money20/20 – Pt. 1

This week FindBiometrics is in Las Vegas for Money20/20 2016 where biometrics are bigger than ever before. For three consecutive years we have hosted panel discussions at the major FinTech event, watching the audience steadily grow along with the number of biometrics vendors on the exhibition floor. On Monday, FindBiometrics president Peter O’Neill once again took…

Money20/20: FIDO Developing mPayment Standard with EMVCo

Money20/20: FIDO Developing mPayment Standard with EMVCo

The FIDO Alliance is working with EMVCo to develop a new authentication specification specifically for mobile payments, the organizations have announced at Money20/20 in Las Vegas. The standard will be designed to apply to mobile wallets and mobile payment platforms like Apple Pay and Android Pay, and it’s going to be developed as an extension…

What to Expect at Money20/20 2016

What to Expect at Money20/20 2016

The Money20/20 conference kicks off today in Las Vegas, with digital security and biometric solutions in particular expected to once again be hot topics. Digital security companies are planning some big showings, of course. STC Group, represented in the US by SpeechPro, will show off its OnePass multimodal authentication system and its VoiceKey voice recognition…

News Roundup: Fingerprints, FinTech and Healthcare

News Roundup: Fingerprints, FinTech and Healthcare

Last week at FindBiometrics fingerprint biometric upgrades and integrations took the spotlight while FinTech, contactless modalities, and healthcare biometrics rounded out the industry news coverage. Here is a look back on last week’s top stories in global identity management: Samsung Samsung Electronics was named among the world’s best brands last week as the clock ticked…

Apple Pay Web Support Coming To Staples

Apple Pay Web Support Coming To Staples

“The brands are helping to popularize … with Touch ID fingerprint scans still required on paired devices for payment authentication.” Some big names are adding support for Apple Pay on the web, reports AppleInsider. Customers of office supplies retailer Staples will soon be able to make online orders via Apple Pay on the Safari browser. Meanwhile,…

Desjardins Announces Apple Pay Support

Desjardins Announces Apple Pay Support

Canadian financial services institution Desjardins Group has announced its support for Apple Pay. In a statement announcing its support for Apple’s mobile payment platform, the bank placed a particular emphasis on its security, noting that customers’ “actual card numbers are not stored on the device, nor on Apple servers,” but are instead encrypted into a…

South Africa’s First National Bank Launches Its Own Apple Pay Rival

South Africa’s First National Bank Launches Its Own Apple Pay Rival

“…the new version of the app will also support fingerprint scanning for login on both Android and iOS.” South Africa’s First National Bank is delving into mobile payments with a new version of its app. Taking its cue from the most prominent mPayment platforms, like Apple Pay and Samsung Pay, the bank has dubbed this new…

Apple Pay Has Launched In Russia

Apple Pay Has Launched In Russia

Apple Pay has launched in Russia. The mobile payment service makes its debut in the country with the support of Mastercard and domestic bank Sberbank. Retailers onboard to accept Apple Pay include Media Markt, BP, and Atak supermarkets, with Burger King promising coming support. It’s a bit of a get for Apple in a country…

News Roundup: Samsung Teams Up With Mobile ID World

News Roundup: Samsung Teams Up With Mobile ID World

Last week at FindBiometrics we brought Law Enforcement Biometrics Month to a close while announcing the next big biometrics industry webinar, co-hosted by Samsung SDS America and our sister site Mobile ID World. Meanwhile, the industry news had us talking about under-glass fingerprints sensors, biometrics powered payments, and the newly announced candidate in exclusive talks…

Japan Biometric Tourism System to Enter Trial Phase Next Month

Japan Biometric Tourism System to Enter Trial Phase Next Month

Authorities in Japan have set a launch date for trials of their biometric payments system. It will go live in certain areas starting October 1st. The concept first came to light this past spring with reports that the Japanese government, together with Dai Nippon Printing and Deloitte Tohmatsu Consulting, was exploring technology that would allow…

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