Security key maker Yubico has introduced a new range of hardware keys that support Fido2 passwordless authentication, including a version which offers NFC for “touch based authentication for NFC supported Android and iOS devices and applications.” ... More
Card-on-file EMV tokenization, where primary account numbers (PANs) stored in a card-on-file database are replaced with payment tokens that can be restricted to a specific retailer, offers online merchants a way to both increase security and create a near frictionless buying experience, Rambus explains in a new ebook which is available to download from the NFC World Knowledge Centre... More
PARTNER NEWS: NXP has launched two new NFC tags that incorporate both product protection and channel authentication security features, enabling brands to take advantage of the tag reading capabilities of both Android and iOS devices to roll out NFC-based customer communication and product authentication services at scale... More
Apple’s just-published iOS 12 security guide has revealed a new feature which will see owners of the latest iPhones able to conduct some NFC transactions even when the device has all but shut down because the battery needs to be charged... More
Titan Security Keys: Now available on the Google Store — Google — “In July, we announced Titan Security Keys, Fido security keys built with a hardware chip that includes firmware engineered by Google to verify the keys’ integrity. Starting today, Titan Security Keys are available for purchase on the Google Store… Security keys can be used to authenticate to Google as well as Dropbox, Facebook, GitHub, Salesforce, Stripe, Twitter, and other services that support Fido standards.”
Bank of America wants to patent a cryptocurrency storage system — Cryptocoins News — “The patent envisions a future in which cryptocurrency is widely adopted by the general public but that consumers still entrust their funds to custodians such as banks rather than maintaining their own private keys.”
Alibaba-backed Alipay upgrades its system for payment safety — CGTN — “The Alibaba-backed Alipay’s upgraded system helps users get back funds that are mistakenly transferred to the wrong account or if they’ve sent an incorrect amount. Its Chinese rival, Tencent’s WeChat Wallet, already has measures to delay the transfer process to protect users.”
Fossil unveils its most tech-packed touchscreen smartwatch to date — Fossil — “Exclusively compatible with Google Pay (transit and pay currently available in select countries), NFC prevents users from having to pull out their card every time they need to complete a transaction. With a few taps, your card is ready on watch to streamline any checkout experience. Security is an obvious consideration, and users set up a unique lock code on their watch to help protect from any identity or data theft.”
PARTNER PROFILE: Ginstr’s SaaS platform provides companies looking to efficiently manage their field staff or their assets with a quick and simple to deploy cloud-based solution that comes with over 80 pre-developed applications and can be fully branded and tailored to meet each customer’s specific needs... More
Barclays seeks twin blockchain patents for banking services — Coindesk — “The US Patent and Trademark Office published two applications by the UK’s second-largest bank Thursday, both of which revolve around account security. Perhaps most notably, however, was an application for a patent which outlined a blockchain platform which could facilitate cryptocurrency transfers. The bank also proposed streamlining know-your-customer processes by storing identifying information on a private blockchain.”
PARTNER NEWS: The contactless chips embedded in 2018 Fifa World Cup tickets and the NFC chips in the competition’s Adidas Telstar 18 official match balls have both been supplied by NXP, the chip maker has revealed... More
PARTNER NEWS: Piraeus Bank, the largest card issuer in Greece, has selected Antelop Solutions as its long-term e-wallet and digital payments partner, enabling the bank to provide its customers with a large range of cutting edge mobile wallet and payments capabilities... More
Peking University installs facial recognition system for students and staff on campus gate — South China Morning Post — “Anyone going through the southwestern gate of prestigious Peking University can now have their face scanned by a camera instead of showing their ID card to security guards under a trial run of the system that started on Wednesday… It is not the university’s first use of the technology on campus — it has already installed about two dozen facial recognition devices outside some of its libraries, classrooms, student dormitories, gymnasiums and computer centres.”
HID Global scores big with smart and secure tickets for 2018 Fifa World Cup — HID Global — PARTNER NEWS — “The 2018 Fifa World Cup ticket is a smart ticket containing a radio frequency identification (RFID) inlay and manufactured with special security papers and integrates several security features designed to prevent counterfeiting and forgery… Attendees can simply tap their tickets to a reader to validate them and gain access to an event, speeding up admissions dramatically in high-volume events such as World Cup matches.”
KNOWLEDGE CENTRE: Biometric sensor-on-card solutions, where a fingerprint sensor is built into a standard EMV card, “represent an important step forward for the finance industry, opening the way to eliminating fraud for issuers and cardholders, reducing costs and providing the additional security and identity verification required to support remote or cross-border transactions,” the authors of a new white paper conclude... More
PARTNER NEWS: Antelop Solutions has received certification from Visa as a Token Requestor-Token Service Provider (TR-TSP), enabling banks and card issuers to use its white-label multi-scheme SaaS solution to launch their own NFC mobile payment solutions based on Visa Token Service (VTS)... More
Trust, convenience and ease of use will be key to enabling the full potential of voice-assisted conversational commerce, Mastercard explains in a new paper which is now available to download from the NFC World Knowledge Centre... More
Visa announces fast track access to its network and $100m investment for European FinTechs — Visa — “The focus will be on supporting startup businesses that are innovating in the arena of open banking and those using emerging technologies that have the potential to create new secure, commerce experiences.”
PARTNER NEWS: Payment solutions provider Valitor is to use Dejamobile’s cloud-based payments platform to provide its clients with the ability to add mobile payments and a branded mobile wallet to their services... More
PARTNER NEWS: Rambus has unveiled Payment Account Tokenization, a new solution that increases the security of direct credit, direct debit and person-to-person (P2P) payments services by replacing account numbers with unique tokens... More