Sierra Leone puts national ID cards on the blockchain

President Dr Julius Maada Bio

The government of Sierra Leone is to introduce a blockchain-based national identity system at the end of this year, enabling citizens to “grant access to approved institutions to assert and verify identity and also build credit histories,” the country’s president has announced... More



NFC World

Google rolls out NFC Titan Security Keys to Canada, France, Japan and UK

Titan Security Keys are now available in Canada, France, Japan, and the UK — Google — “Titan Security Keys are built with a hardware chip that includes firmware engineered by Google to verify the keys’ integrity. Each key leverages FIDO standards to cryptographically verify your identity and URL of the login page, preventing an attacker from accessing your account even if you are tricked into providing your username and password.”


What's New in Payments

Researchers showcase method for bypassing contactless card limit

Hack breaks your Visa card’s contactless limit for big frauds — Forbes — “To carry out their hack, the researchers used a specialised piece of hardware to intercept and insert messages in the communications between the card and the reader. For instance, they could tell the card that verification — like a PIN — wasn’t needed, even though the requested amount was more than £30. They then told the terminal that verification has already been made by another means.”



Singapore to introduce mobile citizen ID platform

More citizens and businesses satisfied with government digital services — Government Technology Agency of Singapore — “By the third quarter of FY19, the Government will launch ‘SG-Verify’, a facility for businesses to perform secure identity verification and data transfer through QR scanning. This will provide businesses an alternative for visitor registration and access, customer acquisition at roadshows, or any other use cases that require identification.”


What's New in Payments

Mastercard sets out vision for consumer-centric digital identities

Mastercard introduces consumer-centric model for digital identity — Mastercard — “Mastercard’s model embodies privacy by design and does not aggregate identity data. It will enable digital interactions to occur with minimal data exchanged and only when needed, and will safeguard data and the use of data effectively such that the users are in control, with a person’s identity securely bound to their smartphone.”


What's New in Payments

Worldpay shows how delivery drones could make use of contactless payments

Drone delivery ready to take off in the UK — Worldpay — “Worldpay’s Drone Pay proof-of-concept uses EMV contactless payment card technology to verify the identity of the recipient, ensuring a parcel is delivered to the right person at the right address. This technology is embedded into a drone landing pad, which is issued to the customer in the form of a doormat. When the drone lands to drop off the package, the card details stored within the doormat are read automatically. If the information matches that of the correct recipient, the parcel is released.”


Spanish banks to build blockchain customer identity verification platform

The Niuron banking consortium will develop a platform to verify the digital identity of clients — Europa Press (translation) — “For banks, the benefits of this platform translate into an increase in speed, cost savings, reduction of fraud, reduction of operational risk and improvement of the prevention of money laundering. The client, on the other hand, decreases the time necessary during a registration process and has control and sovereignty over their personal data, thus improving their experience.”


Korean banks to launch blockchain identity platform

Banks plan blockchain ID system — Korea JoongAng Daily — “According to the Korea Federation of Banks (KFB), which represents major commercial banks in Korea, ‘BankSign’, a blockchain-based identity verification program, will officially be launched in July… ‘While BankSign will start off by providing the service in the banking sector, we will work with the government and other public organizations to expand its usage,’ said the KFB spokesperson.”


Chinese province uses Alipay QR codes for citizen ID

China to launch e-ID cards for citizens via phone QR codes — Asia Times — “China requires its citizens to produce ID cards for verification when checking in at a hotel, boarding a train or plane or accessing government services. Now with the e-ID card, a user can just tap an Alipay app to show their QR code for similar verification, while leaving their wallet or physical card at home.”



What's New in Payments

Millennials back biometrics and AI for payments

Millenials driving demand for AI and biometric security — Vocalink — “77% of millennials thought that new AI technologies such as virtual assistants and hands-free speakers like Amazon Echo and Google Home are appealing as payment devices. In addition, 28% of millennials have used fingerprint technologies to verify payments and 35% of the group now believes that fingerprint technology is the most secure method of verification followed by iris scanning at 22%.”


What's New in Payments

UK supermarkets to test face recognition for proof-of-age at self-checkout tills

Supermarket self-service tills replace ID checks with facial recognition — The Telegraph — “The technology will be used to remove in-person age checks when customers are buying alcohol and other age restricted items… Using Yoti at a self service till would involve a QR code showing up on the checkout screen, which could be scanned by the app. The Yoti app would then scan the shopper’s face to confirm their identity, and would then connect to the till over the internet to verify the purchase.”


What's New in Payments

Mastercard applies for blockchain ‘instantaneous payment’ patent

Method and system for instantaneous payment using recorded guarantees — USPTO — “The present disclosure relates to the use of recorded guarantees for payment transactions for verification by acquiring institutions to facilitate instantaneous payment to a merchant involved in the payment transaction, specifically the use of a blockchain or other third party network for verification of a guarantee associated with the payment transaction.”


Canadian banks, carriers and government back blockchain-based digital IDs

Forget iris scans, Canadians to use blockchain for digital IDs — Bloomberg — “Soon Canadians will be able to verify personal information for everything from driver’s licenses to banking using mobile phones and blockchain… Canada’s six largest lenders, including Toronto-Dominion Bank and Royal Bank of Canada invested C$30m (US$24m) in the project. The country’s three main wireless carriers — owned by Rogers Communications Inc, Telus Corp and BCE Inc — are also involved through their EnStream venture, along with a number of provincial governments.”



Synthetic fingerprints make plastic particles tiny security keys

Synthetic fingerprints make plastic particles tiny security keys — New Scientist — “Microscopic wrinkles squeezed onto the surface of tiny plastic particles could be used to create security keys that are impossible to duplicate… The particles could be used to verify a person’s identity instead of them using a security card, or their own fingerprint. The particles could also be fixed to a priceless piece of art so people can be sure it’s the real deal.”




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