Visa Inc. introduced a new specification to use biometrics with chip card transactions. The specification can enable palm, voice, iris, or facial biometrics. This first-of-its kind technology framework is designed to work with the EMV (Europay, MasterCard, Visa) chip industry standard to help ensure open, globally interoperable solutions. Biometric verification is intended to prevent fraud
Forgotten passwords may be a thing of the past for FIS Mobile users thanks to the addition of biometrics by FIS, a global leader in banking and payments technology as well as consulting and outsourcing solutions. Most importantly, this breakthrough adds improved security to further ensure that only authorized users can access their accounts.Forgotten passwords may
CaixaBank launches the first application in Europe to support online banking transactions using voice commands. This represents the bank’s first service to explore the possibilities offered by biometrics to enhance customer interaction with banking channels. The new CaixaBank application, called Línea Abierta BASIC, has been developed for the Android system. It represents the most basic
Huge sales of Apple’s iPhone 5s have helped made biometrics more popular with consumers, who have become used to the intuitive Touch ID fingerprint scanner. Eight in ten (79%) Brits are ready to ditch their passwords in favour of biometric security measures like fingerprint scanners, new research shows. iPhone 5s sales of more than 10 million
U.S. Bank employees are piloting software that lets customers speak a simple passphrase, such as “my voice is my password” to access a credit card account on a mobile device. The feature – called voice biometrics – allows select credit card customers to use their voice to login with a spoken passphrase so they can
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