Financial

High Competition will Drive $32.65 Billion Smart Card Market: Adroit

High Competition will Drive $32.65 Billion Smart Card Market: Adroit

“Telecom, banking, and payments were the industries most invested in smart card applications, while the Asia Pacific region was the biggest 2018 smart card market geographically.” A new report from Adroit Market Research predicts that the global smart card market will hit $32.65 billion by 2025. Contact-based cards currently represent the largest portion of that…

Zwipe and Infineon Extend Partnership, Aiming for Mass Biometric Card Deployment

Zwipe and Infineon Extend Partnership, Aiming for Mass Biometric Card Deployment

“We are proud to strengthen our long-standing partnership with a global technology leader such as Infineon. This collaboration further enhances our ability to commercialize our technology and IP through competitive solutions for mass-volume deployment.” – André Løvestam, CEO, Zwipe With the clock ticking down to mass deployment of biometric payment cards, Zwipe and Infineon are…

Biometric Card with IDEX SmartFinger Tech Undergoing Certification by Beijing Testing Center

Biometric Card with IDEX SmartFinger Tech Undergoing Certification by Beijing Testing Center

“I’m more confident than ever that biometric smart cards are poised for mass adoption.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics announced today that biometric payment cards featuring its SmartFinger sensor technology have begun a certification process on behalf of a “major global payment scheme in Asia.” The Bank Card Testing Center, an independent…

Mobile ID World Heads to Amsterdam for Money20/20 Europe 2019

Mobile ID World Heads to Amsterdam for Money20/20 Europe 2019

“Money20/20’s global conference series is responsible for facilitating some of the most crucial conversations in financial ID.” Mobile ID World is heading to Amsterdam next week for Europe’s biggest financial services and FinTech conference: Money20/20 Europe. Running June 3-5 at The RAI, this year’s show features more than 350 speakers accounting  for over 70 hours…

INTERVIEW: BioCatch’s Frances Zelazny on Biometrics, Education and New Fraud Threats

INTERVIEW: BioCatch’s Frances Zelazny on Biometrics, Education and New Fraud Threats

Last week, our sibling site FindBiometrics published part one of an extensive interview with Frances Zelazny, Chief Strategy & Marketing Officer, BioCatch. That first half of her conversation with Peter Counter, Managing Editor of FindBiometrics and Mobile ID World, dealt with how behavioral biometrics can thwart sophisticated vishing fraud attacks, the behavioral insights market, and…

Talking Biometrics and Mobile ID at Money20/20 [Audio Interview Roundup]

Talking Biometrics and Mobile ID at Money20/20 [Audio Interview Roundup]

This week Mobile ID World and FindBiometrics reported live from Money20/20 USA in Las Vegas, where biometrics took the spotlight. Kicking off Sunday with a dedicated Digital Identity & Biometrics session track, this year’s Money20/20 ensured strong authentication was a foundational topic for the week of keynotes, panels, exhibitions and networking events, all condiucted under…

INTERVIEW: NEXT Biometrics CEO Ritu Favre

Mobile ID World President Peter O’Neill recently had the opportunity to speak with Ritu Favre, CEO of NEXT Biometrics. The conversation starts with a review of her first year as the company’s leader and her major accomplishments in the role. The conversation moves on to the major security benefits of NEXT’s large area sensors and…

Financial Services Industry Veteran Joins BioCatch Board of Directors

Financial Services Industry Veteran Joins BioCatch Board of Directors

“Jay’s interest in joining BioCatch is a validation of the significant market potential for digital identity solutions like ours that enhance online security without disrupting the user experience.” – Howard Edelstein, BioCatch Chairman and CEO Behavioral biometrics specialist BioCatch has announced a new appointment to its board of directors: former JPMorgan Chase senior investor Jay Mandelbaum.…

ImageWare Sales Update Highlights Partners’ Success

ImageWare Sales Update Highlights Partners’ Success

“…ImageWare says its biggest partner had sealed a deal with a Canadian financial institution, which will also take advantage of ImageWare’s biometric technology for employee authentication.” ImageWare says its sales strategy is starting to pay off, insisting that it is building momentum in a new ‘sales update’. The company says that three of its partners…

PSD2 Will Give Rise to Biometric Payments, says Mastercard

PSD2 Will Give Rise to Biometric Payments, says Mastercard

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…

Cryptocurrency Payment Card Protected by FPC Biometrics

Cryptocurrency Payment Card Protected by FPC Biometrics

“…the integration is another example of FPC’s ongoing efforts to diversify its business pursuits beyond the saturated mobile market in which it is a well-established player.” Fingerprint Cards‘ fingerprint sensor technology is being used to secure a new cryptocurrency payment card from Hong Kong-based MeReal Biometrics. In terms of its design, the “UKey” is very…

Small Merchants, Digitization to Drive mPOS Growth: Report

Small Merchants, Digitization to Drive mPOS Growth: Report

Mobile Point of Sale (mPOS) terminals are going to see huge growth over the next several years, and a small chunk of them are going to be biometric, according to a new market forecast from Juniper Research. The firm predicts that by 2023, almost one in four POS transactions will be on mobile POS devices.…

JCB Extends Apple Pay Support Beyond Japan

JCB Extends Apple Pay Support Beyond Japan

“The move comes soon after JCB enabled Google Pay in its home country, reflecting the company’s growing interest in novel payment technologies.” Japanese credit card company JCB is now supporting Apple Pay in Taiwan, the company has announced. JCB’s support in Taiwan comes in partnership with E.SUN Bank and Union Bank of Taiwan, with Taiwan…

Goode Intelligence Predicts Serious Growth for Biometrics in Banking

Goode Intelligence Predicts Serious Growth for Biometrics in Banking

Goode Intelligence is predicting some serious growth for biometric technology in the banking sector. In a new report entitled “Biometrics for Banking: Market & Technology Analysis, Adoption Strategies and Forecasts 2018-2023 – Second Edition,” the market research firm predicts that by the end of 2020, 1.9 billion bank customers around the world will be using…

Daon and Tradelink Deploy Password Replacement for Dah Sing Bank

Daon and Tradelink Deploy Password Replacement for Dah Sing Bank

“Our partnership with Tradelink continues to make a significant impact in the financial and banking industry throughout Hong Kong.” – Tom Grissen, CEO, Daon Daon is celebrating another successful deployment of its biometric authentication solution in collaboration with its Hong Kong partner, Tradelink. The companies have developed a password replacement solution for customers of Dah…

Apple Pay Lets Concertgoers Order Drinks from the Dance Floor

Apple Pay Lets Concertgoers Order Drinks from the Dance Floor

Apple may have found a new venue for the promotion of its biometric mobile payment platform: concerts. The company trialed a new order-ahead system at the recent BottleRock music festival near San Francisco, allowing Apple Pay users to order a drink from a concession stand, pay for it, and then just walk up and grab…

FIDO and EMVCo Expand 3DS Collaboration

FIDO and EMVCo Expand 3DS Collaboration

The FIDO Alliance and EMVCo are deepening their partnership, announcing that they are going to collaborate together on refining standards concerning the transmission of FIDO authentication data through EMV 3-D Secure (or “3DS”) messages. The aim is to make this process “scalable and interoperable across the EMV payments ecosystem,” according to a statement from the…

Money20/20 Europe: Gemalto Reports Success of Mobile ID Project in Belgium

Money20/20 Europe: Gemalto Reports Success of Mobile ID Project in Belgium

“…Itsme is designed to let citizens sign up with biometric registration, and to then connect with government services online for things like tax payments and accessing pension subsidies, perform online banking, and access services from their MNOs.” Gemalto is taking the opportunity of this week’s Money20/20 Europe event to celebrate its success with a mobile…

Starbucks Leads mPayments Market: Report

Starbucks Leads mPayments Market: Report

Starbucks, of all companies, is leading the mobile payments race, beating out Apple Pay, Google Pay, and Samsung Pay, according to a new market report from eMarketer. The market research firm estimates that this year about 23.4 million people aged 14 and over will use the Starbucks app for an in-store purchase at least once…

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