FindBiometrics
Global Identity Management
TypingDNA has released a primer that explains how merchants and financial institutions can use typing biometrics to protect Card Not Present (CNP) transactions. The primer specifically highlights PSD2’s updated 3-D Secure protocols, which require Strong Customer Authentication (SCA) for any CNP transaction. In that regard, TypingDNA explains that the updated 3DS 2.2.0 protocols allow for […]
NatWest will be piloting a behavioral biometrics solution from Visa that will satisfy the incoming PSD2 requirements for Strong Customer Authentication. Those requirements will go into effect in 2021, and will force financial institutions to implement an additional layer of security to protect their customers. The new NatWest system could be deployed alongside one-time passcodes […]
TypingDNA is once again highlighting the potential benefits of keystroke dynamics in the banking industry in its latest blog post. The company notes that the European Banking Authority has approved the use of keystroke dynamics as an inherent element for Strong Customer Authentication, which means that financial institutions can use the technology to ensure compliance […]
The Spanish bank BBVA has partnered with Nok Nok Labs in an effort to strengthen the biometric security of its mobile platform. To that end, Nok Nok will outfit BBVA with a number of different authentication technologies for its mobile and online channels. The two companies did not specify exactly which authentication technologies would be covered through the arrangement, […]
ImageWare’s security practices have officially met the latest Service Organization Control 2 (SOC-2) guidelines. First developed by the American Institute of CPAs, the SOC-2 standard measures an organization’s ability to protect the personal information and user data of its customers when using cloud technology. ImageWare can boast that it is compliant with those standards […]
The European Banking Authority has approved the use of typing biometrics as a secure component for multi-factor authentication. The decision places typing biometrics alongside other forms of biometric authentication that are inherent to the user, like fingerprint and voice recognition. The news comes courtesy of TypingDNA, which used the opportunity to promote its own typing […]
BehavioSec has updated its behavioral biometrics platform ahead of the European Union’s upcoming PSD2 compliance deadline. Version 5.1 of the platform offers better mouse recognition and anomaly detection, in addition to other accuracy and authentication upgrades. The upgraded platform also guards against fraud associated with new accounts. BehavioSec 5.1 will compare the behavior of a […]
OneSpan has found a new client for its mobile security services. The company has announced that the United Bulgarian Bank is now using both Cronto and its Mobile Security Suite to safeguard its six-month-old mobile banking app. “We want to improve and expand the use of our digital channels, especially mobile,” said Iliyana Voynova, the […]
“Adding BioCatch’s technology to the mix will enhance [Entersekt Secure Platform’s] value, with up to 2,000 parameters coming into play to verify end users based on their behavioral patterns.” BioCatch has teamed up with South Africa-based FinTech specialist Entersekt, with the latter integrating its behavioral biometrics technology into its Entersekt Secure Platform. The platform already […]
The final deadline for compliance with the European Union’s revised Payment Services Directive (PSD2) is coming up in September of 2019. However, a new report from the Aite Group and iovation suggests that most payment services providers are not prepared. And those that do comply are expected to turn to some form of biometric authentication. […]
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