FinTech

Zwipe Delivers First Order of Inlay Solution for Biometric Cards

Zwipe Delivers First Order of Inlay Solution for Biometric Cards

Zwipe has completed delivery for the first order of its second-generation biometric inlay for smart cards, the company has announced. The company has not disclosed the name of its client, but indicated in a statement that the order concerned “a few thousand units”, and would generate revenues of about half a million NOK in the…

CO-OP Expands Utility of CardNav App to Cover Credit and Debit Cards

CO-OP Expands Utility of CardNav App to Cover Credit and Debit Cards

CO-OP has expanded the utility of the CardNav platform, allowing users to manage both debit and credit cards from a single account. CardNav is a card management and alert app that allows users to take more control of their various payment cards, whether that means setting a spending limit on a shared card or deactivating…

Partnerships Aplenty in This Week’s Top Mobile ID Stories

Partnerships Aplenty in This Week’s Top Mobile ID Stories

This week’s top stories on Mobile ID World are all about partnerships. The first is a bit of an unwitting one. In addition to launch a slate of new devices, Apple announced this month that it had upgraded its iOS mobile operating system to support both read and write NFC communications, opening the door for…

Apple Acknowledges Interest in Cryptocurrency Market

Apple Acknowledges Interest in Cryptocurrency Market

Apple recently revealed that it is paying close attention to the growing cryptocurrency trend, though it’s not yet clear what role the company would like to play in the evolving market. “We’re watching cryptocurrency,” Apple Pay VP Jennifer Bailey told CNN during a private event. “We think it has interesting long-term potential.” “This would be…

IDEMIA, Zwipe Partner on Simplified, Low-Cost Biometric Payment Card

IDEMIA, Zwipe Partner on Simplified, Low-Cost Biometric Payment Card

“… IDEMIA and Zwipe say that their solution will be distinguished by its relatively small number of components, with things like the Secure Element and the microcontroller all embedded in a single chip mounted on a flexible Printed Circuit Board.” IDEMIA and Zwipe have teamed up on a biometric payment card solution that they are…

Zwipe, G+D Team Up On ‘Biometric Payment Device’

Zwipe, G+D Team Up On ‘Biometric Payment Device’

“We have selected Zwipe because of their proven ability to integrate biometrics with payment functionalities into an extremely space and energy-constrained environment.” – Gabrielle Bugat, Group Senior Vice President, Head of Business Unit, Financial Services, G+D Mobile Security Zwipe and Giesecke + Devrient Mobile Security (or “G+D”) are teaming up on a new payment device,…

Treezor Protects User Data with Cloud-Based HSM Services from Thales

Treezor Protects User Data with Cloud-Based HSM Services from Thales

The electronic money issuer Treezor has deployed the SafeNet Data Protection On Demand (DPoD) platform from Thales to protect the personal and financial information of its users. The cloud-based HSM service will allow Treezor to remain compliant with data protection regulations like GDPR and the Mastercard network. “The financial industry is one of the most…

ID R&D Looks to Boost Sales with Trio of New Executives

ID R&D Looks to Boost Sales with Trio of New Executives

ID R&D has added a trio of new executives to its team. The company has announced that Steve Cook has signed on as the new Global Head of Business Development, while Kim Martin has joined as the new VP of Marketing and Scott Rosenthal is stepping in as the new Director of Sales, Financial Services.…

Bitcoin IRA Joins Biometric Security Trend with Face-based Authentication

Bitcoin IRA Joins Biometric Security Trend with Face-based Authentication

“In implementing biometric security based on facial recognition, Bitcoin IRA joins a growing trend in the cryptocurrency space, with players like the Paxful marketplace and the ZenGo cryptocurrency wallet also having recently embraced face-based authentication.” Bitcoin IRA, a platform designed specifically to allow individuals to buy and sell Bitcoin cryptocurrency through their Individual Retirement Account…

Onfido’s Face Biometrics to Verify Nuggets Users

Onfido’s Face Biometrics to Verify Nuggets Users

“Our vision for a decentralized future, self-sovereign identity, data and payment, facilitated by blockchain technology, works well with the identity verification services Onfido offers.” – Alastair Johnson, CEO, Nuggets Nuggets, the provider of a blockchain-based digital identity and payments platform, has embraced Onfido‘s selfie-based approach to customer authentication. The latter’s approach to identity verification revolves…

FacePhi Teams with Digitization Specialist Neoris

FacePhi Teams with Digitization Specialist Neoris

“The partnership will see Neoris use FacePhi’s biometric technologies used in digitization projects with its clients.” A new strategic partnership could help FacePhi to further expand its reach in the financial services sector. The company has teamed up with Neoris, a Miami-based digitization consultancy with a strong focus on FinTech. The partnership will see Neoris…

Payments Professionals Are Worried About Cybersecurity Yet Mistrustful of Experts: Survey

Payments Professionals Are Worried About Cybersecurity Yet Mistrustful of Experts: Survey

Professionals in the payments industry are very concerned about cybersecurity, but are at least a little mistrustful of third party solutions providers, suggest the results of TD Bank’s 2019 NACHA PAYMENTS survey. Conducted at the 2019 NACHA PAYMENTS Conference in Orlando this past May, the survey polled just under 500 of the payments industry professionals…

Onfido Launches Biometric Identity Pilot in the UK

Onfido Launches Biometric Identity Pilot in the UK

Onfido is testing a portable identity solution in conjunction with a group of FinTech partners that includes Monese, Seedrs, Curve, and B-Social. The regulatory sandbox test is being carried out in Britain as part of an FCA program that gives businesses the opportunity to pilot new ideas with real consumers. The FCA is the UK’s…

Apple Promotes Transparency, Biometric Security with New Credit Card

Apple Promotes Transparency, Biometric Security with New Credit Card

“The Apple Card number is stored on the iPhone’s Secure Element, and purchases made with the virtual card are authorized biometrically through either Face ID or Touch ID.” Apple has officially launched its new credit card, the Apple Card, in the US. Virtual versions of the card will be hitting users’ digital Apple Wallets today,…

BBVA Fully Expanding Mobile Biometric Onboarding

BBVA Fully Expanding Mobile Biometric Onboarding

“Veridas is a joint venture between BBVA and Das-Nano that was launched in 2017, and has developed an algorithm that achieved a top-three score in NIST testing.” BBVA is looking to expand the scope of its biometric onboarding program. BBVA was the first Spanish bank to enable digital enrollment, which is currently available in Mexico,…

Mezu and Mastercard Introduce New Digital Debit Card

Mezu and Mastercard Introduce New Digital Debit Card

Mezu is teaming up with Mastercard to release a digital debit card that will allow Mezu users to make purchases anywhere Mastercard is accepted. Mezu is a mobile payments app that does not share any personal information or transaction history with third parties and leverages biometric authentication for added security. The partnership with Mastercard will…

G+D Helps Bring LG Pay to the United States

G+D Helps Bring LG Pay to the United States

“We consider the partnership with LG as proof of the market leadership of our mobile payment solutions competence and look forward to continue developing LG Pay together with LG.” G+D Mobile Security is providing cloud payment services to help LG bring the LG Pay platform to the United States. The US is the first country to…

FacePhi Finds Another Argentinian Banking Partner

FacePhi Finds Another Argentinian Banking Partner

FacePhi has found yet another partner for its onboarding services in Argentina. The facial recognition specialist has formed a partnership with Banco del Sol, the online banking arm of the country’s Sancor Seguros group, which will be deploying FacePhi’s SelphID solution for customer onboarding and authentication. Argentina has proved to be a lucrative market for…

IDEX Meets Payment Card Certification Standards in Independent Testing

IDEX Meets Payment Card Certification Standards in Independent Testing

IDEX Biometrics is boasting about its performance in a series of independent tests that demonstrate the capabilities of its dual-interface fingerprint technology. According to the company, the tests show that its fingerprint sensors are compliant with the biometric performance and security standards enforced by numerous payment schemes, paving the way for the deployment of those…

Jumio Delivers Selfie Onboarding for Bank ABC

Jumio Delivers Selfie Onboarding for Bank ABC

Bahrain’s Bank ABC has partnered with Jumio, deploying the latter’s Identity Verification platform to facilitate customer onboarding on its digital banking channels. Jumio’s facial recognition technology will allow new customers to open a Bank ABC account without needing to visit a physical branch location. To use Jumio Identity Verification, prospective Bank ABC clients will need…

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