Biometrics

As multi-factor identification becomes the norm, biometrics can be one or more steps that consumers can easily execute.

Royal Bank of Canada has long been enthusiastic about payment technology that most other banks usually see as long-term projects.

Biometric authentication has been around for a while, but companies are still finding new uses for it in payments and commerce. Here are some of the latest developments.

Samsung Electronics Co.’s new Galaxy S8 will employ facial-recognition technology for mobile payments within months of release, adding cutting-edge security to help the marquee device stand out from rivals such as Apple Inc.’s iPhone, people familiar with the matter said.

In an increasingly digital world, retailers are working to bring transactions closer to the shopper and further away from traditional hardware.

Screen scraping has plenty of critics, but the alternatives, OAuth and APIs, have their share of detractors, too.

The human voice changes more quickly than you’d think, and this has to be taken into account by voice-recognition systems.

By using biometrics, merchants can tie user identity to the actual consumer, a better option than EMV chip cards.

The attack goes after the social network customer service channels for issuers and other financial services, and is hard for consumers to spot.

The U.S. government and banks face similar challenges in implementing a biometrics identity system. Both should study what other countries are already doing.