Biometric authentication methods have expanded into multiple applications in recent years, from online payments to mobile devices to banking transactions or facial identification for security. Nearly half of online shoppers in the United States already use biometric authentication methods for purchasing online, and around 15%...
Amazon is bringing its palm-based identity service to the world of corporate security. Amazon Web Services (AWS) announced Monday (Nov. 27) the debut of Amazon One Enterprise, a contactless security tool designed to grant entry to places like offices, airports, hotels and educational facilities. “Today, organizations authenticate employees...
IDEX Biometrics has received an initial order for IDEX Pay, its biometric solution designed for metal cards, from a smart card manufacturing partner in Asia. The partner, who was not identified in the release, will deploy biometric metal payment cards for its bank clients worldwide,...
The realm of payments authentication is undergoing a shift. In today’s digital era, where convenience meets security and organizations and individuals alike no longer need to make a trade-off between the two, legacy methods of authentication are increasingly giving way to a more intuitive, seamless...
Mastercard has teamed with NEC to bring biometric checkout to the Asia Pacific region. The partnership, announced Tuesday (Nov. 14), combines NEC’s facial recognition and liveness verification technology with Mastercard’s payment operations, and comes as consumers and businesses are increasingly embracing biometrics. “As retailing environments continue to evolve and choices...
Entersekt and digital banking platform EbankIT teamed to provide new security measures for financial institutions. The companies’ new solution offers banks and credit unions biometric authentication and protection against several account takeover fraud schemes, while also reducing contact center operational costs, according to a Tuesday...
Biometric authentication, a technology that uses unique physical or behavioral traits for identity verification, has gained popularity in recent years. In fact, according to joint PYMNTS Intelligence-AWS study “Tracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile,” of the nearly 60% of...
As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding this technology. On Friday (Oct. 6), a bipartisan group of 65 British lawmakers called for an immediate ban on live...
American Express said it is adding facial and fingerprint recognition to its SafeKey authentication tool. The upgrade, announced Thursday (Oct. 5) is designed to prevent fraud and streamline checkout, and makes American Express the first card issuer to roll out these biometric features, the company...
