17 November 2017 | Biometric techs | Debit cards | Mobile payments | News

Ipsidy, a New York-based provider of multifunctional secure payment solutions, announced the trial of a new biometric platform aimed to help financial institutions across the United States to securely authenticate their customers using mobile banking applications.

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7 November 2017 | Biometric techs | Mobile payments | News | Smart gadgets

Tesco Bank, an Edinburg-based British retail bank, has introduced a new option for secure authentication used on its mobile banking application. Customers will from now on be able to switch to facial recognition on their new Apple iPhone X devices for logging in and confirming their transactions.

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24 October 2017 | Banking techs | Biometric techs | Mobile payments | News

Bank of America, the second largest US bank by total assets, announced the introduction of an added level of security for its customers using mobile applications for online banking services. According to the official statement, BofA will integrate Online Connect technology provided by Intel Corp for biometric authorization of customers.

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23 October 2017 | Biometric techs | News | Payment gateways | Payments

Virtual reality shopping is taken more seriously by retailers and payment gateways with Mastercard coming to the stage with its own augmented reality experience, a result of joint forces between the card processor, Qualcomm and ODG. The new pilot program reported by Mastercard will allow customers to use Masterpass and Identity Check Mobile for biometric authentication during transactions when they shop in the virtual reality.

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4 October 2017 | Banking techs | Biometric techs | News | Smart gadgets

NCR, a Georgia-based computer hardware and software developing company, is partnering with Town & Country Federal Credit Union among the first financial institutions over the creation of a new voice-command service based on Amazon’s Alexa assistant. NCR plans to enable customers across the United States to ask simple questions about their banking information using voice recognition technology.

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