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…
“There’s still time for changes to the EBA’s proposal, and the organization has solicited feedback, and received it from the likes of the FIDO Alliance, whose members by and large concern themselves with technologies aimed at both improving security and reducing friction, such as biometric authentication.” Visa is decrying European regulatory efforts to improve security…
Privacy advocates are warning about the dangers posed by unregulated use of biometric technology in the wake of recent legal maneuvering in the US government. Just ahead of the Memorial Day weekend, a bill was introduced into the Illinois General Assembly aimed at altering the Illinois Biometric Privacy Act so that its provisions would only apply…
The FIDO Alliance announced today that the German Federal Office for Information Security (BSI) is officially its newest member, having joined up under the consortium’s government membership program which was launched in June. With Germany on board in the governmental sense, FIDO’s initiative to spread strong online authentication across the globe is even better supported. The…