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Security

Fintech companies seek access to Aadhaar

“Financial service providers are looking forward to regaining access to Aadhaar-based verification after the Union Cabinet said it would seek approval from Parliament to amend laws that will allow banks and telecom companies to verify user details stored within the country’s largest identification database.”
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Security

FIDO2: Android Is Helping Kill Passwords on a Billion Devices

“On Monday, Google and the FIDO Alliance announced that Android has added certified support for the FIDO2 standard, meaning that the vast majority of devices running Android 7 or later will now be able to handle password-less logins in mobile browsers like Chrome. Android already offered secure FIDO login options for mobile apps, where you […]
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Global

Aadhaar authentication through QR codes to resume soon

“This time it will be allowed in offline mode. The authentication process will stand scrutiny, according to UIDAI CEO Ajay Bhushan Pandey. All the regulators are on the same page in respect to this, he added. The process will require a change in existing infrastructure to accommodate with offline mode. However, the private firms would not have […]
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Security

Temple University Switches on Support for iPhone Campus Cards

“Students and staff at Temple University in the US can now use their iPhone or Apple Watch as their campus identification card. The programme, which was announced by Apple last year, allows holders of the University’s physical OWLcard to use their Apple device instead for a number of services around the campus. These include gaining entry […]

On The Wires

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Security

FIDO Alliance Specifications Now Adopted As ITU International Standards

“The FIDO Alliance, the industry consortium developing open, interoperable authentication standards, announced today that two of its specifications are now recognized as international standards by the International Telecommunication Union’s Telecommunication Standardization Sector (ITU-T). This milestone establishes FIDO UAF 1.11 and CTAP2 as official ITU standards (ITU-T Recommendations) for the global infrastructure of information and communication technologies (ICT).”
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Security

Central 1 Launches Integration for Secure Digital Solution for Financial Institutions

“Central 1, creating digital solutions that make everyday banking easier, today announces the launch of technology that allows financial institutions to offer SecureKey ConciergeTM, a single sign-on authentication service, to their members. The seamless integration of Central 1’s product means financial institution customers can access additional online services using their existing digital banking credentials, providing […]
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Security

Nok Nok Labs Announces Successful Deployment of Biometric Authentication for Internet Banking Customers at MUFG Bank, Ltd with Hitachi Ltd:

“Nok Nok Labs (Nok Nok), the trusted leader in next-generation authentication today announced that its partner Hitachi, Ltd., successfully deployed the Nok Nok™ S3 Authentication Suite (NNL S3 Suite) at MUFG Bank, Ltd. (MUFG Bank), Japan’s largest bank. MUFG Bank customers who are utilizing the internet banking service, now have a frictionless user experience that enables them to execute banking transactions faster and with […]
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Deals

Atlanta-based IDology to Be Acquired by GBG for $300m

“GBG, the UK-headquartered Identity Data Intelligence specialist, today announces that it has conditionally agreed to acquire the entire issued share capital of IDology, a US-based provider of identity verification and fraud prevention services, for $300m (£233m) in an all-cash transaction. IDology is a fast-growing provider of identity verification services that helps remove friction both in onboarding customers and […]
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