Biometrics

Gemalto's latest biometric payment card brings a fair amount of common sense into play. But is it enough to appeal to mainstream cardholders?

Japanese card brand JCB is testing a biometric platform that it claims has an accuracy level of only one false acceptance in one billion transactions.

Seeking a way to facilitate higher-value contactless transactions, the Bank of Cyprus plans to issue an EMV card deploying biometric authentication to replace a PIN code.

Russia will get a countrywide biometric database for financial services starting next summer, the central bank said.

By deploying voice biometrics, organizations including large banks, government agencies, telcos and retailers can not only make the process of authentication easier, but also can protect their customers’ identities from being compromised in the case of a hack, writes Brett Beranek, director of product strategy at Nuance.

Visa research contends consumers are interested in biometrics and consider it superior to traditional usernames and passwords.

Discover cardholders and Discover Bank members who own an iPhone X can now use Face ID biometrics to sign onto the Discover mobile app.

As the reigning technology giants demand consumers do everything through voice-controlled smart speakers, they may inadvertently succeed where smartphone-based wallets stalled.

The biometric data, broken up into shares, is persisted separately in off-chain storage that can be controlled and sealed via blockchain references for integrity and provenance, writes James Stickland, CEO of Veridium.

Palm scanners for employee log-ins has not only increased data security, but it's also cut down the time employees were spending on authentication procedures.