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A.I. Assistants Are Changing Our Relationship With Money

A.I. Assistants Are Changing Our Relationship With Money

by Susan Stover Sophisticated advancements in digital voice assistants like Apple’s Siri and Amazon’s Alexa are rapidly changing the way we interact in our world, and are fundamentally changing the way we relate to money, making it easier than ever to manage funds, send money, and track spending. The future of banking is changing quickly…

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BRIEF: The iPhone X’s Outsized Impact

BRIEF: The iPhone X’s Outsized Impact

Since its announcement in September, the iPhone X has generated a lot of buzz, much of it of an anxious variety. It wasn’t clear if consumers would respond to the redesign – the most substantial since the original iPhone’s debut a decade ago – not to mention its thousand-dollar price tag. And in the mobile…

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FPC’s Thomas Rex on Biometric Smart Cards and Money20/20 [AUDIO]

FPC’s Thomas Rex on Biometric Smart Cards and Money20/20 [AUDIO]

Many of the biggest names in the biometrics industry have converged in Las Vegas this week for Money20/20, not the least of which is Fingerprint Cards. The company has established itself as one of the biggest suppliers of fingerprint sensors for the mobile industry, and has reported an almost constant stream of smartphone integrations over…

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BRIEF: The Continued Ascent of FIDO Authentication Standards

BRIEF: The Continued Ascent of FIDO Authentication Standards

The FIDO Alliance‘s authentication standards have enjoyed a rising profile in recent years and months, and their upward trajectory shows no signs of abating, especially in the wake of major data breaches like the recent Equifax fiasco. Security professionals, business leaders, and everyday consumers are becoming increasingly aware of new and emerging digital threats; at…

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Wherefore Art Thou, Face ID? What’s Already Going Wrong – And Right – With Apple’s Facial Recognition System

Wherefore Art Thou, Face ID? What’s Already Going Wrong – And Right – With Apple’s Facial Recognition System

There’s a lot of hype over Face ID, the facial recognition system of Apple’s forthcoming iPhone X, but some of its shortcomings are already becoming clear. One is that it it struggles to recognize younger users, with Apple warning that kids under 13 don’t yet have sufficiently developed facial features to enable accurate identification. Twins…

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Just How Revolutionary Is Apple’s Face ID System?

Just How Revolutionary Is Apple’s Face ID System?

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…

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Cloud-Based Biometric Authentication Emerging as a Key Trend

Cloud-Based Biometric Authentication Emerging as a Key Trend

“Proponents of on-device biometric authentication argue that server-side systems are vulnerable to breaches, but Most says these concerns ‘have been sensationalized.’” Cloud-based biometric authentication is emerging as a key trend in digital services, argues a new white paper from Acuity Market Intelligence. The trend will be particularly important for financial services organizations, who ignore it…

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FindBiometrics and ISC West Announce Exclusive Sponsorship

FindBiometrics and ISC West Announce Exclusive Sponsorship

PRESS RELEASE FindBiometrics and ISC West entered an exclusive Premier Biometrics Media Sponsorship at a critical time for both the physical security industry and the global identity management marketplace September 1st, 2017, Toronto — FindBiometrics, the most trusted online voice in biometrics and identity management, and ISC West, sponsored by the Security Industry Association (SIA),…

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BRIEF: What’s Next for Biometric Payments?

BRIEF: What’s Next for Biometric Payments?

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…

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Biometrics, Cryptocurrency, Alibaba’s Cashierless Cafe: Financial ID Briefing

Biometrics, Cryptocurrency, Alibaba’s Cashierless Cafe: Financial ID Briefing

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. Biometrics Power Alibaba’s Cashless Cafe Facial recognition, QR codes, and mobile tech combined to transform the retail experience at an experimental cafe run by Alibaba at the Taobao Maker Festival. Alibaba’s…

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GUEST POST: Without Spoof-Proof Liveness, Biometrics Will Never Replace Passwords

GUEST POST: Without Spoof-Proof Liveness, Biometrics Will Never Replace Passwords

The following article is a guest post by John Wojewidka, Director of Business Development, FaceTec. Fingerprint, and all other biometric modalities on mobile devices, have failed to replace passwords because they lack spoof-proof liveness detection. So why is liveness so critical to biometric authentication?  First, we will need some context: A biometric spoof uses an inanimate…

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Biometric Security is Progressing, but Some are Lagging Behind: NNL

Biometric Security is Progressing, but Some are Lagging Behind: NNL

Big-name organizations in the public and the private sector are publicly embracing biometric security, while others are stubbornly holding to outdated security systems, making for a very mixed bag when it comes to the current state of biometric security – so argues Nok Nok Labs in a new blog post entitled, ‘What is the state…

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Biometric Superheroes, Next Gen Payment Cards, and Amsterdam

Biometric Superheroes, Next Gen Payment Cards, and Amsterdam

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. The Biometric Superheroes of Money20/20 Europe All of the biggest FinTech news of the summer landed last week in Copenhagen, where we reported live from Money20/20 Europe 2017. Year after year…

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BRIEF: We Saw The Future Of Payments At Money20/20 Europe, And It Is Biometric

BRIEF: We Saw The Future Of Payments At Money20/20 Europe, And It Is Biometric

Like last year’s inaugural event, this year’s Money20/20 Europe conference and exhibition featured a wide range of exciting FinTech. Also like last year’s event, biometric technology proved to be extremely prominent. As commerce increasingly goes digital, biometric authentication has proven to be an effective and even necessary security measure, helping to ensure that customers are…

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Money20/20 Europe: The Biometric Buzz

Money20/20 Europe: The Biometric Buzz

We are reporting live from Copenhagen at Money20/20 Europe this week, where the biometrics industry has converged to help usher in the future of identity in FinTech. Biometric Payment Cards As expected, biometric payment cards are taking up a big share of the security spotlight at Money20/20 Europe, with OT-Morpho and IDEX both making conference…

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Money20/20 Europe: Square is Ready For a World Without Payment Cards

Money20/20 Europe: Square is Ready For a World Without Payment Cards

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…

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BRIEF: With Consumer Tech Interest, Facial Recognition is Going Mainstream

BRIEF: With Consumer Tech Interest, Facial Recognition is Going Mainstream

Like the rest of the biometrics industry, facial recognition technology has seen a rising tide of market interest over the last several years. But there now appears to be a particularly strong spike in excitement over the technology, not just in its traditional domain of military-grade surveillance and security but also in consumer electronics. Here’s…

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Fingerprint Scanning Payment Cards Get Commercialized: FinTech Roundup

Fingerprint Scanning Payment Cards Get Commercialized: FinTech Roundup

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.…

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BRIEF: The Artificial Intelligence Renaissance is Underway

BRIEF: The Artificial Intelligence Renaissance is Underway

Artificial intelligence has been a central concern for tech companies for many years, finding applications ranging from semi-automated temperature controls for high-end cars to semi-automatic-toting gangsters in video games. But it’s currently undergoing an arguably unique phase of intensive R&D, with some of the biggest brands in the world intently focused on ensuring that they have the…

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