Consumers across the US, Canada and parts of Europe will soon be able to authenticate their online transactions with their fingerprint or face using MasterCard’s ‘selfie pay’ system. The confirmed launch of the service — expected this summer — follows a successful pilot in the Netherlands. More
Biometrics
ARM includes AMS NFC payments booster in wearables reference design
PARTNER NEWS: A new reference design for wearables from processor designer ARM includes high-performance NFC technology from AMS that enables small-footprint devices with tiny antennas to couple with NFC readers as easily and reliably as a contactless card... More
WeChat secures payments with fingerprints
Users of Tencent’s WeChat mobile payment service will soon be able to authenticate transactions with a fingerprint... More
Apple releases update to fix Error 53
Apple has released an update to iOS 9 that will restore devices left disabled by Error 53... More
Kiwis warm to mobile payments and biometrics
More than four in ten New Zealanders (41%) would consider using NFC mobile payments today and 44% believe mobile payments will be the next thing to take off, followed by biometrics/facial recognition/fingerprints (21%) and wearable technology (18%), research from MasterCard reveals... More
Apple’s Error 53 shuts down handsets with Touch ID repairs
iPhone 6 users have been left with broken handsets as a result of Apple’s latest iOS 9 operating system update permanently disabling devices if it detects that Touch ID’s hardware integrity has been compromised — such as by being repaired by a non-Apple technician... More
Samsung looks into vein authentication
A patent filed by Samsung describes how a sensor on a smartwatch or other wearable device could authenticate identity by reading the user’s vein structure... More
Global mobile payment market to hit $620bn in 2016
Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More
UK consumers warm to biometric identification
More than half of UK consumers (54%) are willing to authorise payments using biometric technology, research from Experian shows... More
Costa Rican bank adds facial recognition to mobile app
Customers of Banco Nacional de Costa Rica will be able to access their bank account and check their balance by scanning their face using their mobile device from the second quarter of this year... More
Atom Bank to add face and voice authentication to mobile app
Customers of Atom Bank will be able to access their mobile banking app using face and voice recognition when the online banking startup launches in 2016... More
16bn biometric mobile payments will be made by 2020
More than 16bn mobile biometric payment transactions will be made and more than 1.1bn financial services customers will be using mobile biometrics by 2020, research from Goode Intelligence predicts... More
Deutsche Bank trials multi-factor authentication
Customers of Deutsche Bank are testing technology which verifies their identity by the way they handle and hold their mobile device... More
Samsung Pay to be added to lower-end devices
Samsung is to add Samsung Pay NFC payments functionality and fingerprint scanners to its mid- and low-end handsets, Korea Herald reports... More
Synaptics takes biometrics to cars
Drivers may soon be able to use their fingerprint to unlock their vehicle doors, cockpit and mirror adjustments, ignition, entertainment preferences and theft prevention system using biometrics provider Synaptics’ Natural ID fingerprint sensors... More
Mobile biometrics revenue to reach $9bn by 2018
The inclusion of biometrics in mobile devices will generate US$9bn in revenue by 2018, a report by Biometrics Research Group predicts... More
Gemalto assesses the mobile payments landscape
A 24-page white paper designed to give banks, processors, OEMs, retailers and other issuers a clear overview of the evolving world of mobile payments is now available to download from the NFC World Knowledge Centre. More
Worldpay employees trial finger vein biometrics for payments in stores
Employees of UK-based payment processor Worldpay are taking part in a three week proof-of-concept trial to evaluate the use of finger vein technology (FVT) to authenticate payments at the point-of-sale without the need for a card. More
Biometrics for financial services to be worth US$657m by 2019
The market value of biometric identification for financial services applications will increase from US$123m in 2015 to US$657m in 2019, research from TrendForce predicts... More
Citi tests ATMs that replace plastic cards with mobile phones, QR codes, NFC and iris scans
Citi has begun testing a screenless, cardless ATM concept developed by Diebold that lets customers make transactions using their mobile device instead of a plastic card and authenticate themselves using NFC, QR or an iris scan... More