Shortage of chips threatens biometric passport, digital ID supply – and the suppliers
The global shortage of microchips threatens the ability of governments and companies to issue biometric digital ID documents such as passports and national identity cards, warns the Secure Identity Alliance, which represents ID suppliers at risk. Geopolitics and global changes to demand and supplyof and for chips initially hit the headlines as car production ground […]
Swiss mobile payments provider to roll out cross-border payments in 2022
Swiss consumers with a Twint digital wallet will be able to make digital payments with their credit card or directly from their bank account in other European countries from 2022, the Swiss mobile payments service says. Twint revealed plans to launch cross-border payments at a press conference where it also unveiled a range of other services it […]
Facial recognition surges in retail stores
Face-recognition tech is coming to a store near you, if it’s not there already, and that’s sparking a new wave of opposition. Why it matters: The systems can scan or store facial images of both shoppers and workers. Their use accelerated during the pandemic as retailers looked for ways to prevent fraud, track foot traffic with […]
Cards remain king as mobile payments fail to hit the big time
Mobile payments hit the mass market in 2014 with the introduction of Apple Pay and was hailed as the next revolution in payments. Partnerships with major payment providers such as American Express, MasterCard and Visa meant that the innovation was anticipated to make a major impact on consumers straight from launch. They were even predicted […]
Qantas uses NFC to pre-enrol passengers for biometric boarding service
Australian airline Qantas has begun testing a new service that lets passengers pre-enrol at home for its facial recognition-based digital boarding service by using the NFC functionality in their Android mobile phone to capture the photo stored in their passport’s security chip. The pilot is taking place at Brisbane International airport and is open to Qantas passengers […]
KBC to pilot multiple wearable payments options
Belgian bank KBC is inviting customers to take part in a year-long wearable payments pilot, with each being offered the choice of testing an NFC-enabled ring, keyfob, wristband or watch. “The trial runs from 1 December 2018 until 31 December 2019 and aims to help us learn how our customers experience wearable payments,” the bank says. […]
Most ATMs vulnerable to hackers
Many ATMs from some of the world’s biggest manufacturers are vulnerable to a host attacks and can be hacked in minutes, according to a report from Positive Technologies. The security specialist tested machines from NCR, Diebold Nixdorf and GRGBanking, finding that 69% are vulnerable to Black Box attacks, where crooks connect devices to cash dispensers […]
eyeDisk launches USB stick with iris recogntion
The eye-Disk team has launched an “unhackable” USB flash drive with Iris recognition technology. “Biometrics have come a long way beginning with fingerprint scanners and facial recognition but both of those methods can be compromised. Today, iris recognition is the most secure method of authentication available. Combined with data encryption, it is the safest way to […]
EU to pilot AI facial analysis to catch dishonest travelers
The European Union will run a pilot of an artificial intelligence border control system for six months at four border crossings between Hungary, Latvia and Greece and non-EU countries, The Verge reports. The program is the first field test of iBorderCtrl, an EU-funded project to facilitate border crossings with AI. Travelers fill out an online application and […]
UnionPay stays on top as the world’s largest card scheme
New research reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share. The 15 billion payment cards in circulation is up by 6% since the end of 2016, according to RBR’s most recent report, Global Payment Cards Data and […]