Consumers reluctant to swap passwords for biometrics for fear of identity fraud — Paysafe Group — “Over half of consumers (56%) are worried that the shift to biometrics to authenticate online payments will dramatically increase the amount of identity fraud, according to new research conducted by Paysafe… The research found that four fifths (81%) of consumers still favour passwords for making payments online due to concerns about the security of new biometric options.”
Authentication
Singapore’s OCBC Bank rolls out instant banking product approval via mobile
Customers of Singapore’s OCBC Bank can now make purchases via their mobile devices minutes rather than days after applying for a digital bank card... More
Antelop unveils mobile-first digital banking and payments platform
PARTNER NEWS: Antelop Solutions has launched an integrated onboarding, authentication and mobile payments platform for Android and iOS devices that lets both traditional and challenger banks combine “best-in-class” end-to-end security with a user friendly, PSD2-compliant, mobile-first consumer experience... More
NatWest Bank begins UK’s first trial of contactless biometric cards
NatWest Bank has begun a three-month pilot of bank cards incorporating a fingerprint... More
Case study: Distillery uses NFC tags to fight counterfeiting and build customer engagement
PARTNER NEWS: Tasmania-based Old Kempton Distillery is using HID Global’s Trusted Tag technology to combat counterfeiting of its whiskies and gins — and to drive personalized and ongoing engagement with customers after they make a purchase... More
DKB leverages mobile banking app for online transaction security
Deutsche Kreditbank (DKB) is enabling cardholders to use biometrics and their banking app to verify their identity in real time when making online purchases with their credit card... More
Google releases Android Q Beta with added biometric authentication support
Introducing Android Q Beta — Google — “In Android Q we’re extending support for passive authentication methods such as face, and adding implicit and explicit authentication flows. In the explicit flow, the user must explicitly confirm the transaction in the TEE during the authentication. The implicit flow is designed for a lighter-weight alternative for transactions with passive authentication. We’ve also improved the fallback for device credentials when needed.”
Tappy Technologies joins the NFC World Partner Program
PARTNER NEWS: Hong Kong-based Tappy Technologies offers a range of wearable payments products including watch straps, wristbands and key fobs that come with an embedded contactless payment chip... More
ST launches NFC universal device for next-generation POS terminals
PARTNER NEWS: STMicroelectronics has begun shipping the ST25R3916, an NFC universal device that contains “innovative features to simplify the design of payment terminals and ease compliance with new EMVCo 3.0 contactless interoperability tests for cards, mobiles, and wearables.”... More
Liopa uses lip reading to add security to face recognition systems
Belfast tech startup using automated lip-reading to make user authentication systems more resistant to spoofing attacks — Liopa — “LipSecure works in conjunction with the vendor’s existing FR [facial recognition] system and prompts the user to repeat a random sequence of digits that appear on their screen. Liopa’s AI-based Visual Speech Recognition (VSR) technology checks if the digits have been spoken or mimed correctly and thus determines if there is a ‘live’ person present.”
Apple patent allows drivers to secure vehicles with Touch ID on their phone
Apple has applied for a patent for a system that uses the Touch ID or Face ID biometric authentication facility on its phones to unlock a car... More
First Direct lets customers make payments in social media apps
First Direct leading the way with social media payments — First Direct — “First Direct customers are now able to make secure peer-to-peer payments seamlessly while using social media apps such as WhatsApp and Facebook Messenger… Customers can now use the in-app PayKey technology to simply tap a payment icon on the phone’s keyboard within a conversation and manage a payment within seconds without having to open the banking app… On pressing the fd button, customers are securely authenticated via the app and are able to make a payment.”
Luxochain to use NFC and the blockchain to guarantee the authenticity of luxury goods
Luxochain combats counterfeiting with launch of authentication and tracking service of luxury goods on the blockchain — Luxochain — “At the stage of manufacture, all authentic luxury products will be fitted with an invisible and encrypted serial number (a Block ID). The ID is associated with a token that is uniquely identifiable, to which luxury brands will register on the blockchain. Once inputted, the information can never be altered from the outside. Certifying authenticity at the point of sale using blockchain technology, customers can scan the code and ascertain the authenticity of the product.”
US credit unions to offer blockchain digital ID service
Credit unions adopt blockchain as the first step for digital ID — PaymentsSource — “MyCUID uses distributed ledger technology that allows credit unions to detect fraud and support self-sovereign identity, or a decentralized user-controlled authentication that can enable access to apps, programs, buildings, triggers for financial transactions, and other uses… CULedger on Jan 18 is scheduled to demonstrate MyCUID with a more general public rollout scheduled for the second half of 2019.”
Dejamobile reports on the development of a generic TEE solution for securing HCE mobile payment apps
PARTNER NEWS: Card issuers could soon be able to more easily make use of trusted execution environments (TEEs) to add security to their HCE mobile payments apps, mobile transaction specialist Dejamobile explains in a new white paper which is now available to download free of charge from the NFCW Knowledge Centre... More
This year’s Golden Globes have an embedded NFC chip that ensures their authenticity
The iconic Golden Globe Awards trophies, presented to film and television stars by the Hollywood Foreign Press Association (HFPA) at a glittering annual ceremony in Los Angeles, have been redesigned this year to include an NFC chip... More
NXP sets out its vision for the future of NFC payments
PARTNER NEWS: Combining convenience with security is the key to unlocking the next wave of NFC payments innovations, Sebastien Clamagirand, general manager of NXP’s payment and identification business, has told NFC World in an interview at the Trustech show in Cannes... More
HID Global enables workers to log in with NFC mobile phones
HID Global unites high security authentication and convenience with its Crescendo Mobile smart card — HID Global — PARTNER NEWS — “The HID Crescendo Mobile solution provides organizations seeking to eliminate passwords with a solution that combines the high security of physical authenticators with the usability of a mobile solution. Crescendo Mobile works similarly to, and is compatible with, highly secure Crescendo smart cards; however, rather than inserting a separate device into a contact smart card reader, it connects to a desktop computer via an NFC (near field communication) reader or Bluetooth.”
Meet NFC World’s partners at Trustech 2018
NFC World partners Antelop Solutions, Dejamobile, HID Global, NXP, Okey Co and STMicroelectronics will be attending Trustech in Cannes, France from 27 to 29 November... More
ST releases NFC dynamic tag sensor node evaluation board
STMicroelectronics has released an evaluation board that lets developers design and prototype solutions that combine NFC tag reading, energy harvesting and security with environmental monitoring sensors to track and protect a wide range of sensitive products throughout the supply chain, in stores and in the home... More