Latest Biometrics news
This year’s Money20/20 is about to get underway, and FindBiometrics is planning to help deliver some big insights for attendees, with President and CEO Peter O’Neill to moderate two high-profile panels during the event. The first, entitled “AI & Biometrics Superheroes, Fighting Fraud Together“, will delve into the increasingly important role of artificial intelligence in…
“Shanghai’s Hongqiao airport, London’s Heathrow, and Atlanta’s Hartsfield Jackson have all announced deployments or enhancements of existing passenger processing systems based on facial recognition technology.” Acuity Market Intelligence is pointing to deployments of biometric passenger processing technology announced this week at three major airports as validation of the market research firm’s predictions about the rise…
Just in time for this year’s Money20/20 event in Las Vegas, Goode Intelligence has issued a new report on the growing prominence of biometric technology in payments, entitled, “Biometrics for Payments; Market and Technology Analysis, Adoption Strategies and Forecasts 2018-2023 – Second Edition”. Much of the report’s analysis concerns the same trends outlined in FindBiometrics’…
A new environmental partnership entails an alliance between Mastercard, IDEMIA, and Gemalto on payment card solutions. Also including card printer Giesecke+Devrient, it’s called the Greener Payments Partnership, and is aimed at reducing the use of PVC plastic in payment cards. According to a statement from the companies announcing the partnership, they are committing to accelerating research…
Digital identity specialists Socure and Alloy have joined forces to offer a combined authentication solution aimed at financial institutions, the companies have announced. The solution revolves around risk scoring, with Socure and Alloy elaborating in a statement that it “combines Socure’s predictive analytics platform and Alloy’s decisioning engine with multiple online, offline and other data…
NEC is embracing an Arm standard for smart city security. The company has announced a partnership with Arm Limited that will revolve around the latter’s Arm Platform Security Architecture, or PSA. The standard concerns securely connecting devices in the Internet of Things, which is of course an area of overlap with smart city solutions, an…
Yoti has teamed up with Heathrow Airport for a groundbreaking trial of biometric passenger processing technology, the company has announced. The aim is to replace traditional travel documents with digital, biometrically authenticated mobile credentials on passengers’ mobile devices. That will, of course, be facilitated by Yoti’s mobile technology, which is designed to combine document reading…
Just ahead of next week’s Money20/20 event, Jumio has delivered a corporate update detailing just how successful its Netverify authentication solution has been over the past nine months. The company says that over the first three quarters of 2018, it has seen growth of 130 percent in sales, year-over-year. Its annual recurring revenues, meanwhile, jumped…
“The company is now going to leverage three major solutions from Acuant for its onboarding platform: AcuFill, for the capture of digital ID information; AssureID, its document reading system; and Acuant Facial Recognition Match, which enables selfie-based authentication through the use of facial recognition, matching an end user to the image displayed on their official…
“…the device’s biometrics really help it to stand out from the pack, with Huawei combining fingerprint-based security with a 3D facial recognition system…” The cat is out of the bag: The fingerprint sensor of Huawei’s new flagship smartphone is under its display. The new Huawei Mate 20 Pro was officially unveiled in London this week,…
Just a week after pushing back the anticipated close of their merger deal, Thales and Gemalto have announced that they’ve obtained another regulatory clearance needed for the project. The latest is from South Africa’s Competition Commission, the seventh of 15 approvals needed from regulatory authorities around the world in order for Thales to proceed with…
“…eIQ and its other processor solutions can be used to support a range of machine learning applications including facial recognition, wake word and voice control systems, and computer vision technologies including traffic sign recognition and even food recognition.” NXP Semiconductors has launched a new machine learning toolkit. Called “eIQ”, it’s a software development platform that supports…
“…NCR is planning to integrate the app into its NCR FastLane SelfServ Checkout solution, as a means of enabling shoppers to use Yoti as proof of age at self-serve checkouts.” A new partnership with self-serve checkout specialist NCR Corporation is poised to expand the use of Yoti‘s biometric mobile ID platform. Yoti’s is another of…
“…WISeKey emphasized its compliance with the United Nations’ ID2020 program, an initiative aimed at extending official identity systems to everyone in the world, with an estimated 1.3 billion people currently thought to be undocumented, a status that can seriously hinder the ability to access vital government services.” Geneva-based WISeKey has announced a new “Universal Decentralized…
Customers of Alabama’s Bank Independent can now access their banking services via an AI-driven virtual assistant based on Amazon’s Alexa platform. That includes checking their account balances, performing transactions, and receiving information about loans, bank hours, and more; and the system can even perform biometric authentication using voice recognition. The technology arrives via Enacomm’s VPA,…
“…49 percent of respondents in Fiserv’s surveys said they would feel secure with biometric authentication in financial services.” Consumers are increasingly open to the idea of receiving financial services from tech companies, suggests new research from Fiserv, Inc. The findings come by way of Fiserv’s newly published “Expectations & Experiences: Channels and New Entrants” study,…
“…newer iPhones are designed to require a passcode after five unsuccessful unlock attempts using Face ID, the facial recognition system that allows iPhone users to unlock their devices just by looking at them.” At least one forensics consultant is advising police to avoid looking at a criminal suspect’s iPhone X, in case they need to…
“It can also be programmed to unlock based on the correct sequence of fingerprint scans, essentially turning the digits of a user’s hand into the digits of a biometric PIN.” Ahead of this year’s Money20/20 Las Vegas event, newcomer ITBiometrics has been admitted into the event’s Startup Academy. The company offers a cryptocurrency wallet boasting…
“Daon has proven again and again the ability to help its customers improve their mobile development initiatives while maintaining a secure platform. Daon’s expertise in biometric authentication is a key component of our technology, and the enhanced security is invaluable to our clients.” -Bill Verhelle, CEO, Innovation Finance Another financial services firm is leveraging Daon‘s…
A new security key solution is poised to further extend the reach of the FIDO Alliance’s new FIDO2 authentication standard. Called “Solo”, the security key is currently in the works from San Francisco-based SoloKeys, which currently has a Kickstarter campaign underway to support the product. Like other prominent security key solutions, Solo is designed to…
