Three in ten Australians plan to use their smartphone for all their digital money and financial needs by 2017 and one in five (17%) are already using their smartphones to make in-store payments, research from lender Fair Go Finance reveals... More
Biometrics
OceanFirst Bank adds Touch ID
OceanFirst Bank is working with digital banking provider Digital Insight to begin offering Touch ID functionality within its mobile banking app... More
Spanish supermarket chain Bonpreu rolls out mobile payments to 170 stores
Spanish supermarket chain Bonpreu is to roll out a mobile payments service to 170 stores, using a platform developed by Dinube that combines proprietary tokenization algorithms, NFC and biometric fingerprint security... More
One in four US consumers would share DNA with their bank
One in four US consumers would consider sharing their DNA with their financial institution if it meant it would make authentication easier and their personal information more secure, research from Telstra reveals... More
Amazon gets ear authentication patent
Amazon has been granted a US patent that describes how a person’s ear could be used to authenticate them when answering a phone call or to unlock an audio file... More
Google files contact lens authentication patent
Google has filed a patent with the US Patent and Trademark Office that describes a contact lens which collects reflected light through sensors to assemble an image of the iris that is then matched against a stored image to authenticate the wearer... More
Brain waves could replace passwords
Brain waves could be used to verify a person’s identity in the future, researchers from Binghamton University have demonstrated in a study published in academic journal Neurocomputing... More
Vodafone Turkey adds eye verification to mobile wallet app
Vodafone Turkey is adding support for eye verification to its mobile wallet to enable users to unlock the app using biometric provider EyeVerify’s Eyeprint ID technology... More
Chase Bank adds Touch ID authentication
Chase Bank has added Touch ID authentication to its Chase Mobile app for iOS to let users log in to the service using their fingerprint... More
1bn biometric banking consumers by 2017
More than 1bn consumers globally will be accessing banking services through biometric systems by 2017 and biometrics will become the predominant method of identification for accessing bank services by 2020, Goode Intelligence predicts... More
Chinese unveil face recognition ATM
Researchers at China’s Tsinghua University and technology company Tzekwan have unveiled an ATM with inbuilt facial recognition features... More
LG G5 could launch with iris scanner
LG’s next flagship smartphone, the LG G5, will reportedly come equipped with an iris scanner and recognition technology developed by Korea-based biometrics provider Irience... More
Samsung files contactless fingerprint patent
Samsung has filed a patent in the United States that reveals a touch-free fingerprint recognition system, using a device’s camera and matching the fingerprint to a stored image... More
Google working on “brand new” Wallet service for Android and iOS
Google has confirmed it is developing a “brand new” Google Wallet app for Android and iOS that will allow anyone with a US debit card to send and receive money for free “within minutes”, even if the other person doesn’t have the app... More
USAA Bank will support Android Pay
USAA Bank has said it will support Android Pay when the NFC payment solution launches later this year... More
India’s ICICI Bank launches voice recognition service
India’s largest private sector bank ICICI Bank has become the first in the country to launch a voice recognition-based service, allowing more than 33 million customers to make banking transactions through the bank’s call centre by authenticating themselves using their voice... More
PayPal adds Touch ID to iOS app
PayPal is letting its iOS mobile app users log in and access “virtually any part” of their PayPal wallet using Apple’s Touch ID... More
NTT Docomo rolls out Fido biometrics platform in Japan
NTT Docomo has become the world’s first mobile network operator (MNO) to deploy Fido authentication throughout its network, allowing it to replace passwords for millions of customers across its services with a range of enhanced authentication methods including both fingerprint- and iris-based biometrics... More
Danske Bank pilots Zwipe biometric cards
Denmark’s Danske Bank has become the latest financial institution to pilot a contactless biometric card developed by Norway-based Zwipe that features an integrated fingerprint sensor and has received the backing of MasterCard... More
Android to get fingerprint authentication
Android M, the next edition of Google’s mobile operating system, will include native fingerprint authentication to allow users to log in to their Android devices without entering a password, BuzzFeed reports... More