There was a time – and it wasn’t so long ago – when biometric authentication was an extremely niche area of technological research and security. Indeed, until recently, the idea of scanning a fingerprint or face or eye for identification was often placed in the realm of science fiction, so far as pop culture has…
NatWest’s and Royal Bank of Scotland’s trials of biometric payment cards have kicked off with a bang, with card supplier Gemalto and its partners having organized media launch events in London and Edinburgh. First announced in early March, the trial programs are being conducted in collaboration with Visa. The fingerprint-scanning cards themselves, provided by Gemalto,…
“…the system will use biometric authentication to confirm the payments, with Visa and SiriusXM suggesting in a statement that they’re consider the use of voice recognition and fingerprint scanning through the dashboard’s touchscreen.” SiriusXM is getting into the payments business, with a Visa partnership aimed at delivering in-car payments to consumers. Thanks to the companies’…
Ten Middle Eastern banks are now trialing biometric payment cards featuring Zwipe technology, the company has announced. The trials commenced this week, and are the product of a collaboration with Lebanon-based FinTech solutions provider Areeba, as well as Unilux Cards and Gemalto. The cards in play are Visa payment cards, featuring a built-in fingerprint sensor…
When you talk about the mobile biometrics revolution, you talk about FinTech, and any conversation about FinTech is going to prominently feature Daon. The biometric software company deployed its IdentityX authentication solution to great effect in the early days of biometric mobile banking, its trailblazing partnership with USAA clearing the way for mass adoption of…
As excitement around emerging biometric payment card technologies continues to build, Gemalto is taking the precaution of reassuring cautious and skeptical consumers about the reliability of fingerprint-scanning cards in a new myth-busting FAQ. First among the many items of concern is the idea that biometric cards could be easily spoofed, with Gemalto asserting that its…
Biometrics and other innovative methods of authentication will be a key topic at the July Member Meeting of the U.S. Payments Forum, a non-profit cross-industry alliance that encompasses the whole payments ecosystem. Organizers have announced the agenda for this year’s event, and it’s going to kick off with a plenary panel entitled, “Next Generation Consumer…
“It is capable of matching a fingerprint within a Secure Element, and Precise Biometrics says it can support fingerprint sensors as small as 30mm².” Precise Biometrics has officially unveiled its new fingerprint matching algorithm solution for the smart card market, dubbed Precise BioMatch Card. It isn’t an entirely new solution, but rather an adaptation of…
New Zealanders are really interested in biometric authentication for payments, suggests new research commissioned by Visa. A survey of 500 Kiwi adults conducted by AYTM last October found 88 percent of respondents expressing interest in the technology, most often citing its convenience over password-based authentication as the key to its appeal. The survey also found…
A Fingerprint Cards sensor is being used in a new Visa-led pilot of biometric payment card technology. In a statement, the company announced that it’s the provider of a touch sensor for “the recently announced battery-less dual interface (chip- and contactless-enabled) biometric payment card pilot with Visa,” adding that the card technology being used in…
“…using fingerprint technology to authenticate a person for payments will provide cardholders a faster, easier and more secure payment process compared to the traditional use of PINs.” – Maher Mikati, CEO, Areeba, Areeba, a Lebanon-based FinTech solutions provider, will offer Gemalto‘s biometric Visa card to its client in the Middle East. It’s the latest sign of…
“The trial involves biometric technology provided by Fingerprint Cards and Precise Biometrics.” Kona I has joined in on Visa’s American trial of biometric payment card technology with Mountain America Credit Union. The firm has announced that it has come onboard as a card supplier for the project. The trial was announced last month, and will…
“Visa’s payment card solution features an embedded fingerprint sensor as well as red and green lights to indicate when authentication has succeeded or failed.” Visa is collaborating in the Bank of Cyprus’s biometric payment card trial, and will also initiate America’s first such pilot, with help from Fingerprint Cards and Precise Biometrics. Announced earlier this…
Visa Canada recently made headlines by publishing survey results indicating that Canadians’ familiarity with biometric technologies is stoking greater enthusiasm for fingerprint authentication in payments scenarios. Commissioned by Visa, the survey was conducted by AYTM Market Research and provided insights into how Canadian adults feel about different biometric modalities. FindBiometrics President Peter O’Neill recently spoke…
Visa has laid out a Future of Security Roadmap for the Australian market, and sophisticated technologies including biometrics are going to play an increasingly important role. Covering the 2017 to 2020 period, the Roadmap is framed around the rapid growth of e-commerce, which Visa says has grown 35 percent over the last two years. At…
FindBiometrics is in Las Vegas this week at Money 20/20, where biometrics are everywhere – from interviews with Steve Wozniak to expert FinTech panels. On Monday, FindBiometrics President Peter O’Neill had a chance to speak with Conor White, President, Americas, Daon. Daon is a familiar face at Money20/20’s global events, but this year the company came to…
Today was the final day of Money20/20 Europe, during which the leading minds in biometrics and FinTech took the stage to discuss multimodal biometrics in the world of modern day commerce. Peter O’Neill, president of FindBiometrics, moderated The power of choice: Why multimodal biometrics are taking over consumer facing FinTech – a dynamic discussion about…
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.…
“Weiss alleges that in 2010 he approached both companies regarding 13 patents he held, at least some of which pertained to smartphone-based biometric authentication and the use of one-time tokens in financial transactions.” A Massachusetts-based company called Universal Secure Registry is suing both Apple and Visa for alleged patent infringement related to Apple Pay, Apple’s…