payments

Financial Biometrics Month 2017: Four Ways To Pay With Biometrics

Financial Biometrics Month 2017: Four Ways To Pay With Biometrics

In less than five years consumers have gone from no-bio to full-bio when it comes to ways to pay for goods and services. The advent of the mobile wallet, signaled by the launch of Apple Pay in 2014, introduced average users to the secure and convenient concept of biometrics payments, and since then the options…

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…

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