HSBC allows customers to verify their bank accounts with selfies

HSBC UK business customers will enjoy a streamlined account opening experience following the launch of ‘selfie’ verification, giving businesses the option to complete ID security checks on their mobile device. Available now, this latest digital enhancement simplifies the way businesses open an account by allowing ID verification to be securely completed in a few clicks on an Apple or Android device. Read more »

Commercial Bank First in Qatar to Introduce Finger Vein ATM Authentication Technology Powered by NCR and 01 System

 NCR Corporation, the global leader in consumer transaction technologies, announced today that  The Commercial Bank Q.S.C., Qatar’s first private bank, has become the first bank in the country to introduce finger vein authentication technology powered by innovative solution from NCR and 01 System’s will help the bank to speed-up authentication and accelerate ATM transactions making every customer interaction an exceptional experience. Read more »

Jumio Helps Cityscoot to Provide Users with Easy, Safe and Secure ID Verification

Jumio, Corp. the leader in digital ID verification today announced Cityscoot, the mobile scooter sharing network in Paris, is getting Parisians moving by allowing users to instantly hire and drive its fleet of scooters. Read more »

WISeKey Intends to Cooperate With OpenLimit To Further Expand Its Cybersecurity and IoT Platform

WISeKey International Holding Ltd and OpenLimit Holding AG announced that they have signed a Memorandum of Understanding (“MoU”) regarding a contemplated business combination to be executed via a statutory merger under Swiss law, whereby OpenLimit would be merged with and into WISeKey, with WISeKey thus being the surviving entity. Read more »

NetGuardians and BehavioSec Team Up to deliver complete fraud protection to financial institutions

Swiss-based NetGuardians and Sweden’s BehavioSec are joining forces to leverage their complementary technologies to provide complete fraud protection to financial institutions – and their clients – around the world. NetGuardians is a FinTech company with specialized expertise in user behavior analytics and profiling to implement controls for fraud and compliance challenges. BehavioSec brings behavioral biometric technology to precisely analyze... more Read more »

Daon’s FIDO Quick Goes Live

Daon, a global leader in mobile biometric authentication technology, launched a  Read more »

EMVCo and FIDO Alliance Partner on Mobile Payment Authentication

EMVCo, the global payment specification body, and the FIDO Alliance, an industry consortium developing open, interoperable authentication standards, have announced they will collaborate and review how FIDO authentication standards can support EMV® payment use cases. A key aim of the initiative is to investigate providing simpler and stronger authentication for cardholders making mobile payments using on-device authenticators, such as biometrics... more Read more »

Fiserv Unveils VerifastTM: Palm Authentication for Banks and Credit Union

 Fiserv, a leading global provider of financial services technology solutions, announced today the availability of VerifastTM: Palm A Read more »

Equifax Encourages to Use a Second Layer of Authentication

Following the news that millions of Twitter passwords have been leaked on the dark web, John Marsden, Head of ID and Fraud at Equifax, explains the dangers the population face as technology continues to evolve at an alarming rate: Read more »

BioCatch Prolongs Partnership with Microsoft Azure

BioCatch™, the global leader in Behavioral Authentication and Malware Detection, announced today the integration of additional Microsoft Azure capabilities into its behavioral biometrics technology, enhancing BioCatch’s ability to detect and fight financial fraud at some of the largest banks and ecommerce sites around the world. Read more »

KnuEdge Releases Voice Recognition and Authentication Technology

KnuEdge(TM) Inc., a neural technology innovation company that launched today, introduced KnuVerse(TM): military-grade voice recognition and authentication technology that unlocks the potential for human-voice interfaces in next-generation computing. After five years in production in mission-critical battlefield conditions, KnuVerse solutions are now available to enterprises. Read more »

Voice Biometrics Authentication Available for Citi’s Consumer Banking Customers in Asia Pacific

For Citi’s Consumer Banking customers in Asia Pacific, remembering multiple PINs and responding to a series of questions to verify their identities as they call into the bank will soon be a thing of the past. Voice biometrics authentication has been implemented in Taiwan with Australia, Hong Kong and Singapore to follow in the upcoming weeks. It will be rolled out throughout the region in 2016 and 2017 to cover all 12 of Citi’s consumer banking... more Read more »

Toc Joins International Alliance for Secure Online Authentication

The popularization of mobile phones with biometric sensors together with technological advances for mobile payments has revolutionized the world of online transactions. The FIDO Alliance was formed in July 2012 to address the lack of interoperability among these types of strong authentication technologies, and remedy the problems users face with creating and remembering multiple usernames and passwords. Read more »

OCBC Boosts its OneTouch Fingerprint Experience

The OCBC Mobile Banking app for iPhones, launched in March 2015, was the first banking app in Singapore to allow customers instant fingerprint access to view their balances and transaction histories across their bank accounts, credit cards and investments. Read more »

Mistral Mobile Launches m-Aegis™ Secure OTP Authentication Solution

Mistral Mobile announces the launch of m-Aegis™ Secure OTP, a secure, out-of-band, two-factor authentication solution to replace the vulnerable SMS OTP (one-time password), as well as paper and token-based methods. m-Aegis™ Secure OTP addresses Android malware which are stealing and exploiting traditional SMS OTPs. The solution is provided as an SDK for integration into a financial services app with on-premises deployment for the highest level... more Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel