A video published by a group of hackers has demonstrated how a stolen Apple Watch could be used by the thief to make payments using Apple Pay without them having to authenticate the transactions in any way — as long as they are quick. More
Face++, the Chinese facial recognition technology startup behind Alibaba’s selfie payments service, has secured an additional $25m in a series B funding round, taking the total raised to $47m... More
Mountain America Credit Union has announced the beta release of a dual biometric log-in feature that lets its members access their mobile banking app either by scanning their finger or taking a picture of their eye, claiming to be the first to have combined fingerprint and eye-imaging technology in an attempt to make biometrics available to all of its mobile banking users... More
The global biometrics market will increase from US$2bn in 2015 to $14.9bn by 2024, with cumulative revenue for the 10-year period reaching $67.8bn, market intelligence firm Tractica forecasts... More
Japan’s largest mobile network operator NTT Docomo has unveiled an NFC smartphone that comes equipped with an iris authentication system from Fujitsu that will let owners unlock the device and authenticate mobile payments just by looking at it... More
A research note published by KGI Securities’ Ming-Chi Kuo has revealed a number of changes planned for Apple’s so-called iPhone 6s, expected to be unveiled in September, including an improved Touch ID sensor which “will improve the Apple Pay experience with faster, more secure readings,” Apple Insider reports... More
Customers using US-based First Internet Bank’s personal mobile banking application are now able to log in using their fingerprint and Apple’s Touch ID feature... More
Digital banking solutions provider Digital Insight is to offer Apple’s Touch ID fingerprint verification in the iOS mobile banking applications it supplies to financial institutions later this year... More
Consumers could be able to authenticate themselves using brain wave and heart beat bio-signals from as soon as February 2018... More
Microsoft is to introduce support for host card emulation (HCE) payments in the mobile version of its Windows 10 operating system... More
Windows 10 users will be able to use biometric technology to secure access to their devices, Microsoft has announced... More
Alibaba founder and executive chairman Jack Ma has demonstrated a prototype biometric verification service that could enable a payment to be authorized by simply capturing an image of a mobile phone user’s face. More
UK bank Halifax is investigating how Bionym’s Nymi Band, a device that uses the wearer’s unique cardiac rhythm to authenticate their identity, could be used to reduce the need for customers to remember their passwords... More
Spain’s CaixaBank has launched an app which allows customers to use voice commands to perform simple online banking operations, opening the way for drivers to check balances and initiate transfers as they travel... More
A fingerprint authentication solution that uses ultrasonic technology to scan through a smartphone cover made of glass, stainless steel, sapphire or plastic as well as contaminants on a finger, such as sweat or condensation, has been unveiled by Qualcomm. The technology can “detect if you are you under very difficult conditions,” product manager Max Hamel has told NFC World. More
Google is building a framework for mobile payments in Android, a senior executive has revealed at Mobile World Congress... More
ZTE‘s latest Android smartphone will let owners unlock it by scanning their retinas with a built-in biometric solution from EyeVerify... More
A short video published by MasterCard shows Samsung’s new Samsung Pay mobile payment service in action, demonstrating how a user chooses a payment card, authenticates and then holds their phone next to a standard payment terminal to conduct a transaction... More
Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals, MasterCard’s Matt Barr has told NFC World... More
Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin has revealed... More