Digital and mobile banking may be more popular than ever, but it would be a mistake to count out the power of in-branch services just yet. Consumer surveys have found that 75 percent of financial institution (FI) customers place a great deal of importance on...
Contactless payments improve the speed of payments but could hit a brick wall at the point of sale if transactions exceed a certain amount. In this month’s Digital Identity Tracker, PYMNTS spoke with NatWest’s David Crawford, head of effortless payments, about how the bank developed...
Biometric authentication is one of the hottest trends in the digital ID space. Users demand both ironclad security and seamless login experiences, and biometrics are being incorporated into hardware solutions to meet these desires. Apple’s latest iPhone offerings employ biometric unlock features, for example, with...
SCA in its simplest form requires that customers be identified through methods that fall into at least two of three categories: knowledge, possession or inherence. The first refers to KBA methods like passwords or PINs, but the latter two categories are where merchants and payment...
April 20, 2020
The COVID-19 pandemic is changing daily routines for consumers around the world, leading companies of all kinds to navigate how to reach them remotely as they follow stay-at-home orders. This has spurred the acceleration of digital identity and biometric innovations, from securely verifying a customer opening a bank account through a mobile app to detecting […]
March 31, 2020
Digital and mobile banking may be more popular than ever, but it would be a mistake to count out the power of in-branch services just yet. Consumer surveys have found...
September 06, 2019
Sources have said Apple is developing in-screen fingerprint technology that could be available for its 2020 iPhones. People familiar with the matter told Bloomberg that the technology is being tested both inside Apple and among the company’s overseas suppliers. The fingerprint reader would reportedly be embedded in the screen, allowing users to scan their fingerprints on […]
March 11, 2019
NatWest, the U.K. bank, is kicking off a test in which customers can use biometric fingerprint technology for card payments. According to a report in CNBC, citing NatWest, about 200...
November 08, 2016
Citibank announced Monday (Nov. 7) it launched its Touch ID Sensor authentication service in Hong Kong. In a press release, Citibank said the service provides a full suite of mobile...
May 18, 2016
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...
