On The Web

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Security

Facial Recognition Goes Mainstream, Drawing Concerns

November 19 2018

• in
• Biometrics
• Facial recognition

“Facial technology can now be found in more schools and retail stores to help identify people who may pose a security risk. Some stores are also using facial recognition in an attempt to determine shopper sentiment, giving retailers the opportunity to adjust their sales pitch. One company in Israel claims its software can flag potential […]

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Security

11/11 shows biometrics are the norm for payments in China

November 13 2018

• in
• Biometrics

“Instead of frantically inputting payment passwords to grab deals, Chinese users jumped on new technologies to shop in the blink of an eye. This year, 60.3 percent of Singles’ Day customers paid either by scanning their fingerprint or taking a selfie.”

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Reports

Biometric payment card forecast predicts 579m cards in circulation by 2023

October 30 2018

• in
• Biometrics

“Biometric cards’ ability to enable frictionless customer authentication for higher value contactless transactions will lead to the technology gaining widespread adoption by 2023, Goode Intelligence predicts, with a total of almost 579m biometric payment cards in use around the world in five years’ time.”

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Risk & Fraud

2019 Data Breach Forecast Predicts Biometric Hacking

December 7 2018

• in
• Biometrics
• Identity theft

“It’s a timely warning in the wake of recent academic research suggesting that a number of fingerprint authentication systems could effectively be spoofed by AI-generated fingerprintsthat emulate highly common fingerprint features. Even highly sophisticated biometric authentication systems such as Apple’s 3D facial recognition system have been proven vulnerable to more elaborate hacking efforts. But effective countermeasures are always […]

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Security

Is Facial-Recognition Technology Hurting Apple Pay?

December 12 2018

• in
• Authentication
• Biometrics

“Adoption and usage rates for the mobile wallets from Apple Inc., Alphabet Inc. (Google), and Samsung Electronics Co. Ltd. have been far from stellar, but now evidence is emerging that Apple’s decision a year ago to ditch fingerprint identification on its newest smart phones in favor of facial-recognition technology could be making it even harder […]

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Security

In a year of data breaches, India’s massive biometric programme finally found legitimacy

January 2 2019

• in
• Biometrics
• Cybersecurity

“Having enrolled over 1.22 billion Indians till November, the project saw several breaches and multiple accounts of data leaks being reported this year, intensifying fears about its security. There was even an instance of a senior official, out to prove a point about Aadhaar’s security, being left red-faced. The project also had a tragic side to it as several reports of starvation deaths […]

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Security

Bye bye credit cards, hello paying by eyeball: The future of spending your money

December 17 2018

• in
• Biometrics

“Dr Laura Bradley, banking expert and lecturer at Ulster University, says the likes of iris, fingerprint and facial scanning technology is about to change how we pay for everyday items even further. But will we be getting our eyeballs scanned to pay for a coffee, probably not. “We already have facial recognition and fingerprint identification on […]

On The Wires

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Security

Nok Nok Labs announces biometric authentication deployment for mobile clients

January 9 2019

• in
• Biometrics

“Nok Nok Labs, a leader in next-generation authentication and co-author of multiple FIDO (Fast IDentity Online) authentication standards, today announced the commercial deployment of the award-winning Nok Nok™ S3 Authentication Suite (Nok Nok™ S3 Suite) for SoftBank Corp (“SoftBank”). SoftBank’s over ten million mobile subscribers now have the ability to use biometrics for authentication through the mobile application […]

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Security

Mastercard accredits FIME for biometric evaluation services

November 19 2018

• in
• Biometrics

“FIME has been accredited by Mastercard to deliver biometric authentication testing services for fingerprint in line with its new guidelines for mobile device sensors. The testing evaluation program enables mobile, wearable and sensor manufacturers to test the performance and accuracy of mobile fingerprint sensors.”

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Security

Sberbank and Azbuka Vkusa perfect fingerprint payment service

January 18 2019

• in
• Biometrics

“Thanks to cooperation between Sberbank and Azbuka Vkusa, Russian residents can pay for shopping using their fingerprint at all AV supermarkets that are equipped with biometric POS terminals, regardless of where they signed up for this service. Previously clients could only use fingerprint payment at the supermarket where they registered their biometric details.”