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Banks, technology developers and payment companies are all experimenting with new ways to identify consumers by their unique physical traits, with the ultimate goal of improving security while also streamlining customer onboarding and authentication.
May 4 -
In the ongoing quest to replace PINs and passwords, Mastercard has introduced a kit enabling consumers to register their own fingerprint on a biometric card at home, bypassing the need to visit a bank.
May 1 -
Consumers enrolled in Denmark’s Dankort domestic payments scheme may sign up to make payments using only their finger in a pilot that the payments firm Nets is conducting in Copenhagen.
April 24 -
A few handshakes among a small group of Silicon Valley techies are presenting the best chance yet to wipe out passwords in favor of modern identity protection.
April 23 -
Gemalto is working with Lebanon-based areeba to test a biometric contactless Visa EMV card in the Middle East that uses a fingerprint to authorize transactions.
April 16 -
In seeking to solidify that potential, FIDO Alliance and the World Wide Web Consortium have created Web Authentication (WebAuthn), a new standard that allows approved FIDO Authentication methods to operate through browsers.
April 10 -
Options include multilayered security solutions that incorporate verification via passive biometrics, without adding friction, by evaluating a consumer’s inherent behavior online during the transaction process, writes NuData Security's Lisa Baergen.
April 4NuData Security -
Voice authentication software has improved call center service at Virginia Credit Union and shortened call times by nearly 25 percent.
March 29 -
The problem is that, like usernames and passwords, biometrics are a static form of identity that can be exploited rather than a dynamic method that's of little use to crooks if stolen.
March 23 -
Behavioral biometrics are attractive because they are easy to implement, hard for criminals to spoof and not subject to the same privacy protections applied to thumbprints or retina scans.
March 22