Biometrics

The tech firm behind USAA's digital assistant has introduced an authentication tool that identifies customers by the sound of their voice or by their facial features.

When BankMobile, the brainchild of Jay Sidhu and his daughter Luvleen, relaunches on a new platform in January, security — especially for the onboarding process — will be completely redesigned.

Biometric authentication company Veridium has named a former fintech executive from HSBC as its new CEO.

Mobile could become the one-stop shop that banking companies never quite achieved, blending basic banking, wealth management and other services, if efforts like those underway at Citigroup's fintech unit succeed.

Biometrics has long had an interoperability gap. Visa is trying to address that with a new project that brings flexibility to biometric options.

Banks are warming to behavioral biometric software as one of an array of choices to prevent digital banking fraud.

Behavioral biometrics has already stopped several million dollars worth of online banking fraud at National Westminster Bank in London.

There are security gaps in chip cards that are vulnerable to new types of skimming. Biometrics can help solve this problem, and will also prove handy as EMV cards migrate to smartphones.

Samsung Electronics has entered a commercial software license and distribution agreement with fingerprint software company Precise Biometrics.

Payment companies are increasingly adopting biometrics to replace more traditional authentication. That's a good move, but it also comes with a whole new set of risks.