(Don’t fear) the breacher

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. With all the news of data breaches we’re continually exposed to, it’s no wonder that ecommerce and financial industries have a serious fear of the breacher. In fact, more than 700 million consumer records were exposed to fraudsters in 2015 alone, according to the Gemalto Data Breach Level Index. That’s a huge number. That stolen data is then being used to perpetrate more crime,

ID4Africa event opens in Kigali next week

The second annual meeting of the ID4Africa Movement, opens next Tuesday in Kigali, the Rwandan capital, hosted by the National Identification Agency (NIDA) of Rwanda. The conference runs May 24 to 26. ID4Africa is a multi-stakeholder movement that promotes the transparent and responsible adoption of digital identity in the service of development in Africa. Its aim is to share experience and establish real world best practices that set the correct expectations for what is involved in launching and sustaining successful

The future of the iris recognition market: A Technavio interview with SRI Identity

This is a guest post by Jesse Maida, media relations and digital marketing manager at Technavio Technavio lead analysts Amrita Choudhury and Deepthi Harimon who specialize in automatic identification system research, recently had the chance to speak with Mark Clifton, president of SRI International’s products and solutions division and vice president of SRI International. If you’re not familiar with SRI International’s name, you are unquestionably aware of the products they’ve been involved with. These products include the first two nodes

Biometrics and privacy, banking and payments, strong authentication trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Privacy Matching biometric data on a device better satisfies global privacy requirements than matching it on a server, particularly with regards to personal control, and data residency, according to new report from PricewaterhouseCoopers Legal LLP. Biometrics and Privacy: On Device vs On Server Matching was produced by PwC Legal for Nok Nok Labs to survey the privacy aspects of biometrics from an

Simplicity is at the heart of the biometric banking experience

This is a guest post by Simon Cadbury, Head of Strategy and Innovation at Intelligent Environments The success of any new technology, be it a service, a product, or an entire ecosystem, is heavily influenced by its ease of use. If it’s too complex or unwieldy, or brings with it unnecessary anxieties for first time users, especially if there’s a security or financial element to it, then companies will have lost the customer at the first hurdle. The role that

Rethinking physical biometrics: what you don’t know can hurt you

This is a guest post by Ryan Wilk, vice president of customer success at NuData Security. Biometrics seems to be all the rage right now. It seems like almost every day another financial institution or other organization is announcing their adoption of some sort of biometric technology. First it was all about fingerprints, then iris prints and voice recognition. Analyst firm Technavio recently released a report forecasting the growth of palm vein biometrics. Other organizations are looking to “selfie”-based facial

Biometrics Research Group publishes report on biometrics and banking

A new Special Report from Biometrics Research Group, Inc. on “Biometrics and Banking” postulates that the financial services sector has emerged as a primary end-user market for biometrics technology worldwide. Biometric Update Special Reports provide analysis and competitive industry intelligence for the global biometrics industry including market size, multiple industry segments, venture capital and other business opportunities, along with in-depth profiles on the best emerging companies and solutions. The firm’s ‘Special Reports’ are sponsored by leading firms within the biometrics

Biometrics research, smart payment cards and facial recognition trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Facial recognition NEC will be demonstrating biometric recognition solutions that use Microsoft Azure Internet of Things (IoT) technology, at the Hannover Messe 2016 trade fair this week in Hannover, Germany. NEC’s manufacturing solution combines NEC face recognition technologies and Factory Energy Management System (FEMS) with Azure IoT technology to create a complete end-to-end solution for factory maintenance, repair, and operation. The retail

Biometrics in financial services, online authentication, privacy and access control trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Financial services The Japanese government will test a biometrics-based payment system this summer that will see foreign tourists able to verify their identity and make purchases using only their fingerprints. The pilot project will have inbound tourists register their fingerprints and other data, such as credit card information, at airports. Tourists will then be able to conduct tax exemption procedures and make