Oberthur Technologies has entered into a licensing agreement with fingerprint software provider Precise Biometrics. The agreement will integrate Precise BioMatch Embedded, a leading fingerprint recognition solution, with OT’s multi-application embedded secure element (eSE), PEARL. The solution is designed to provide an additional layer of security...
There’s no set date quite yet, but from all accounts it appears that MasterCard is getting closer to rolling out its pay-by-selfie and pay-by-fingerprint in three regions: the U.S., Canada and the U.K. A new report from ZDNet indicates that these mobile payment identity authentication...
Companies that specialize in the use of biometrics, particularly fingerprints, are employing the security technology to work in a variety of new use cases. Fingerprint Cards (FPC), a Sweden-based biometric smartcard technology provider, told Reuters its sector will become the fastest-growing market as early as...
Japan has big biometric payment plans for its tourists. The Japanese government has announced a new pilot program that will allow tourists visiting the country to pay for their transactions with their fingerprints. The program, which will initially be rolled out in 300 locations, will let...
The pay-by-selfie trend seems to have arrived on the market in troves this year. Earlier this month, reports emerged that Amazon is interested in the technology to allow consumers to authenticate their online purchases. MasterCard, meanwhile, has already worked with selfie biometric authentication tools, and...
The biometrics bug has caught Amazon. A new patent application from the eCommerce giant shows that Amazon wants to make its one-click buying option a little tech savvier. In this particular case, Amazon’s patent plans show that it is after launching an option that allows...
The security offered by Touch ID on mobile phones is only as good as the swiftness of the technology, a Michigan State University (MSU) report has found. The research, which was led by Anil Jain and Kai Cao from the department of computer science and engineering at MSU, successfully...
Fifth Third Bank announced yesterday (Feb. 4) that it added Touch ID to its banking app for the Apple iPhone. The bank’s customers will now have the ability to log into the Fifth Third mobile banking app by using their fingerprint or thumbprint rather than...
There’s plenty of debates in the financial services market about the merit of PINs and one-time passwords as it relates to mobile security. Much like the chip-and-PIN versus chip-and-signature debate, in the mobile user world, there’s a case being made for why some banks need...
