GlobalPlatform secures biometric authentication and enriches trusted user interaction — GlobalPlatform — “These new APIs enable trusted applications to leverage the device’s biometric sensors, while staying fully isolated from the device OS… Service providers and application developers now have a direct path to provide users with a richer and safer authentication experience and, importantly, to offer trusted biometric authentication that is secured in the hardware of the device’s Trusted Execution Environment (TEE).”
Archive for May 2018
Mastercard to let cardholders self-enrol on biometric payment cards
Mastercard pioneers remote biometric card enrolment — Mastercard — “Through significant research and development, a revolutionary battery-powered sleeve will now let people self-enrol their contact or contactless biometric card. Their fingerprint is scanned by the sensor on the card and an encrypted digital template is created and securely stored… ‘Now we have a sleeve to register fingerprints so people don’t have to make a trip to a bank branch.'”
US consumers report growing dissatisfaction with mobile payments services
34% of those eligible are using mobile payments, but few would recommend them — Auriemma Consulting Group — “Problems at the point of sale can prevent even the most enthusiastic Pay users from developing the habit of paying with their mobile device. This, in turn, lessens the opportunity and likelihood for recommending the service. In fact, 42% of mobile payment users wouldn’t recommend the service, up 11 points compared to last year (31%).”
Safaricom to launch messaging service that leverages M-Pesa for payments
One of the world’s biggest mobile money services wants to become a social network — Quartz — “The messaging service, known as Bonga (which means “to chat” in colloquial Swahili), was partially launched on April 26, in closed beta testing for select users on Android devices, according to documents seen by Quartz. The app will allow users to review their balance on M-Pesa, besides letting customers transact money without leaving the platform.”
PayPal patents augmented reality payments system
PayPal has an idea for augmented reality payment glasses — here’s how it could work — CNBC — “The software as imagined could overlay product information and purchasing options onto physical objects, according to the patent — originally filed in 2016 but extended earlier this week. A shopper looking at an item on the storefront shelves would see a hovering, virtual description including price, payment options and return policy. The glasses could also walk shoppers through the steps to purchase items online, with vendor and purchaser information already stored in the system.”