22 March 2018 | Analytics | Articles | Banking techs | Biometric techs

In a constantly changing world of global data communications, low-cost Internet connections, and fast-paced software development, security is becoming more and more of an issue. Hence, it has become more vital to protect the critical infrastructure and provide security for the smooth functioning of the computing solutions from the attackers. The security can be managed in number of methods. One way to improve security is by identifying or verifying the person using biometric technologies.

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30 January 2018 | Biometric techs | Financial fraud and hacking | News | Payments

BehavioSec, a Stockholm-based developer of authentication solutions based on behavioral biometrics, reported it has raised $17.5 million in a Series B investment round led by Trident Capital Cybersecurity and joined by Cisco Investments and ABN AMRO apart from its existing investors such as Octopus Ventures and Conor Venture Partners.

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23 January 2018 | Biometric techs | Mobile commerce | Mobile payments | News

Mastercard plans to bring its payment infrastructure in compliance with the latest regulation passed in the European Union to offer customers an option for online verification and authentication using their biometric data. The regulation coming into force through PSD2 binds the payment institutions and banks to provide a choice of biometric technology by next April.

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4 January 2018 | Banking techs | Biometric techs | Debit cards | News | Prepaid cards

Bank of Cyprus has entered into a partnership with Gemalto, an international provider of digital security solutions, to offer its customers a convenience of combined EMV and biometric recognition card for making contact and contactless payments at the points of sales.

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14 December 2017 | Analytics | Banking techs | Biometric techs | News

Visa published a recent study conducted by AYTM Market Research, a San Francisco-based company specializing in do-it-yourself online market research, which has polled 1,000 U.S. customers researching into the biometric technologies use on their mobile devices. The survey found that a major part of the respondents shows keen interest in biometrics for authentication purposes.

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