authenticationRSS

Start-ups ProxToMe and Uniken join Wells Fargo’s accelerator programme

Security and authentication   on Wells Fargo's agenda

Wells Fargo has selected two new companies – ProxToMe and Uniken – to join its Wells Fargo Start-up Accelerator.

Blockchain: not the silver bullet against fraud that many expect it to be

BBVA and Ripple in blockchain cross-border payments trial

Anyone that picks up any business publication has no doubt read about blockchain. Conceptualised around the same time as the financial crisis in 2008, blockchain as originally conceived served as a digital ledger to publicly record cryptocurrency transactions and execute contracts.

UnifyID launches “holistic implicit authentication” platform, the first of its kind

UnifyID promises

UnifyID, a California-based fintech start-up, has brought to market its flagship identity and authentication platform. The proposition is “holistic implicit authentication”, i.e. it leverages the individual’s uniqueness to identify and authenticate the person by combining a number of biometric authentication features, analysing the patterns and utilising the machine learning technology.

Bancolombia’s Nequi first in Colombia to deploy mobile biometrics

Hello there

Nequi, a financial mobile banking service from Bancolombia, has become the first in Colombia to deploy mobile biometrics for authentication. The technology – the IdentityX platform – is supplied by US fintech specialist Daon. Users will be asked to provide their biometrics when signing up for Nequi. They will be able to authenticate with a […]

Fingerprint authentication for mobile finance moves closer with FIDO

Nok Nok's Dunkelberger:

Widespread use of fingerprint authentication for financial transactions on mobile devices could start taking off from early next year as Bank of America, Wells Fargo, Google, Samsung, Lenovo, Microsoft, Alipay and others adopt a new authentication standard through their joint project, the FIDO Alliance, which has just published its specifications and launched its first server.

Mobile payment security will depend on using the ‘smart’ in smartphone

Simon Keates is mobile payment security expert at Thales e-Security

Confusion and concern over security is cited over and over again as the biggest barrier to widespread consumer uptake of mobile payments. And no wonder – confidence in the protection of sensitive cardholder data lies at the heart of trust in this technology. An EMV card as a physical asset is cryptographically secure. How can we emulate this security with something that is virtual?

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