“The biometric credit card trial will see payment cards issued to 150 participants, with spending limits for contactless transactions set to £100…” NatWest has started trialing biometric credit cards in the UK, the major bank has announced. The move follows a trial of biometric debit cards conducted earlier this year. As in that pilot program,…
Some of the world’s leading cybersecurity and international policy experts have joined forces to create the CyberPeace Institute, a new NGO that will seek to mitigate the effects of major cyberattacks. Stéphane Duguin will come on as the organization’s CEO, while Marietje Schaake will serve as President and Chair of the Advisory Board. Together, they…
The digital identity startup Syntizen Technologies has completed a successful Pre-Series A funding round, receiving an undisclosed amount of money from Mastercard and ACPL, a biometric solutions provider. Syntizen is based in Hyderabad, India, and plans to use the funds to improve its products and fuel its domestic and global expansion. “Mastercard’s investment is…
“As previously communicated, we are expecting modest initial volumes of biometric smart cards to be delivered at the end of 2019, followed by larger volumes in 2020.” – Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics has issued its latest quarterly results, depicting a dip in revenues but continuing progress in the company’s three key…
Looking back on this week’s most popular articles on Mobile ID World, it’s clear that money was the big theme. Breaking that broad theme down further, a major topic was digital wallets. Mezu and Mastercard announced a new digital debit card for mobile payments, and a cryptocurrency wallet revealed some hard evidence of the security…
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…
“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…
The iBeta Quality Assurance lab can officially add another certificate to its wall. The biometric testing facility has now been accredited by Mastercard, becoming a certified provider of Mastercard’s Formal Approval Services as of June. iBeta is one of the world’s leading biometric testing facilities, and is equipped to test face, palm, voice, and fingerprint…
NXP has become the first player in the emerging biometric payment cards market to reach an important milestone, announcing that its Secure Processing Module for fingerprint-on-card technology has become the first such solution to attain certification through Mastercard’s Compliance Assessment and Security Testing, or CAST, program. A Secure and Efficient Solution NXP says its module…
Truxtun Capital has released a new payment card that leverages acoustic technology for an additional layer of security. The new Wega 3DSA 2.0 is available in the UK through the company’s partnership with the Manchester City Football Club, and is being billed as the first commercial deployment of a FIDO-certified payment card. “Truxtun’s Acoustic technology…
‘The digital IDs would theoretically make it easier to open and access accounts in brick-and-mortar institutions like banks and digital business like social media or online retail…’ Mastercard and Samsung are teaming up to provide customers with secure digital identities that will be stored on people’s smartphones. The new IDs are designed for both in-person…
IDEX Biometrics will play an integral role in a new biometric card trial from MasterCard and Edenred Mexico. Launched in conjunction with the Mexican state of Sonora, the new pilot program will use biometric fingerprint-scanning cards to distribute state benefits as part of an ongoing effort to give more people secure access to banking services.…
The Kuwait Financial House (KFH) will be offering laser-engraved, one-of-a-kind metal payment cards to a select group of elite clients. The cards will be produced by IDEMIA, and have been designed with an eye towards status as much as security. In other words, the metal cards will only be given to KFH customers with a…
Veridium has become the latest biometrics specialist to join Mastercard Start Path, the financial services giant’s startup accelerator program. It’s an impressive feat. Only about 40 startups are admitted to the program each year, and Veridium says it was part of an applicant pool of almost 2,000. Criteria for selection include demonstrated commercial traction, seed…
“…their service will be focused on the areas of financial services, digital commerce, government services, and consumer-focused online services like music streaming and social media.” Mastercard and Microsoft have announced that they’re teaming up on a digital identity project. What exactly this project will entail is pretty vague at the moment. In a statement, the…
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…
“We are incredibly proud to have reached this very important milestone with our strategic partner. The order marks the start of the industrialization phase for biometric cards, and is the result of years of dedication and hard work and is validation of IDEX’s leadership position in this very innovative market.” -Stan Swearingen, CEO, IDEX Biometrics…
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…
France-based Alcinéo, a specialist in embedded software for payments, is taking advantage of Trustonic technology to secure its mobile Point of Sale apps. The security comes by way of the Trustonic Application Protection (TAP) SDK, which allows Alcinéo to integrate digital payment microkernels from Mastercard and Visa into a given device’s Trusted Execution Environment. Meanwhile, Trustonic’s Trusted…
