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biometrics

FintechNews Roundup
·Dec. 28, 2016

Market Factors for Biometric Authentication

Biometric authentication is becoming increasingly utilized; a few factors could help it become more integrated into mainstream technologies; an American Banker article suggests that devices need to be more compatible, consumers would need to be more accepting, multiple options need to be offered and the recognition needs to be simple; big strides have been made in 2016 however barriers to mainstream use still remain.  Source

 

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FintechNews Roundup
·Mar. 1, 2017

FST Biometrics Developing New Biometric Recognition Technology

FST Biometrics has raised $40 million and is developing a solution for facial recognition that detects your identity while you are in motion; the biometric technology presents a new solution for security identification; by detecting your identity it can be used to unlock doors and provide various other types of security access.  Source

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FintechNews Roundup
·Jan. 27, 2017

Top Trends for Biometrics and Digital Identity

Acuity Market Intelligence has released the 2017 "Ten Top Trends for Biometrics and Digital Identity"; the market intelligence firm says 2017 will be an important year for biometrics and digital identity; topping the list of trends for the year is behavioral biometrics on smartphones and their associated privacy issues.  Source

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FintechNews Roundup
·Feb. 1, 2017

Top Trends for Biometrics and Digital Identity in 2017

EuropeFintechNews Roundup
·Apr. 19, 2017

Lloyds Bank Working with Microsoft on Biometric Authentication

Lloyds Bank is testing biometric authentication technology for its online banking customers; the development is centered around the use of Microsoft's Windows Hello which has fingerprint and facial recognition capabilities and can be used with Windows 10 devices. Source

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Asia/PacFintechNews Roundup
·Aug. 22, 2017

ING’s Vision for Voice Automated AI

Open banking is facilitating innovation across the banking sector and ING has plans to use it for voice automated artificial intelligence services; the bank's vision includes voice automated banking services through devices such as Amazon Alexa and Google Home, where digital assistants can pay bills and provide personalized advice through voice prompts; the bank is seeking to utilize new concepts being developed in Europe and has invested EUR800 million ($945 million) in a digital transformation. Source

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FintechNews RoundupUSA
·Feb. 19, 2020

Banks Get Caught Up in Facial Recognition Backlash

Last week there was a call from 40 consumer advocacy groups that facial recognition technology should be banned, starting with...
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FintechNews RoundupUSA
·Apr. 10, 2017

Experian Partners with BioCatch for Biometrics

Experian will integrate BioCatch with its fraud prevention platform; the new platform services will use behavioral biometrics to help clients detect fraudulent credit card and loan applications; with BioCatch clients can consider a range of factors including the speed at which information is entered and how familiar a user is with the application process. Source

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FintechNews Roundup
·Oct. 24, 2017

Lend Academy Article: Biometrics is Going to Eat the Finance World

Lend Academy explores how biometrics technology is going to change the finance world, cutting down on cyber-hacks and data breaches; discusses thumb prints, voice interaction/ authentication, iris scanning and now face recognition with the new iPhone X; one technology with a lot of potential is behavioral biometrics; while we are still early there are still many interesting things happening in this space and it is an area to keep an eye on. Source

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FintechNews RoundupUSA
·Jan. 20, 2020

Amazon Building Checkout Terminals with Biometrics

Amazon is currently in the early stages of building a new checkout terminal for coffee shops, fast-food restaurants and other...
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