Using biometrics to marry trust and convenience in the banking world

This is a guest post by Howard Berg, Senior Vice President Gemalto, MD of Gemalto UK Ltd Last month, a new survey of UK consumers found a growing appetite for the use of biometric methods to access and authenticate online banking services. In particular, it found that consumers would prefer to use fingerprint recognition than the traditional methods of passwords or memorable questions, which have been undermined by ongoing data breaches and hacking scandals. The news is unsurprising given the

Goode Intelligence forecasts mobile & wearable biometrics to surpass $6.2B by 2022

Goode Intelligence published a new analyst report forecasting that revenues for mobile & wearable biometric authentication will surpass $6.2 billion in revenues by 2022. In “Mobile & Wearable Biometric Authentication Market Analysis and Forecasts 2017-2022 (third edition)”, Goode Intelligence also predicts that by 2022 over 3.3 billion users will be benefiting from biometric authentication. Over the six years since Goode Intelligence has covered the market, it has grown significantly year-on-year with mobile biometric authentication becoming a regular security feature in

Securing Federal Identity 2017 to be held in Washington, D.C. this June

The Secure Technology Alliance revealed that its government-focused event addressing developments and innovations in federal identity credentialing and access security will return to Washington, D.C. for its 15th year this June. Securing Federal Identity 2017 will take place on June 6, 2017 at the Hamilton Crowne Plaza Hotel in Washington, D.C. “For the last 15 years, this government-focused event has brought together thought leaders and executives across security, government and technology backgrounds, providing a unique opportunity for cross-industry discussion of

BIO-key showcasing biometric software and hardware solutions at connect:ID

BIO-key International will be showcasing biometric software and hardware solutions at next week’s connect:ID conference in Washington, D.C. The company announced it will demonstrate its one-to-many (1:N) fast and secure authentication solutions, including: WEB-key 4.0, a biometric cloud authentication solution supporting fingerprint, passwords, proximity cards, PINs and one-time passwords; ID Director for Windows, a biometric based authentication platform for managing Microsoft’s networking protocol Active Directory in the Windows environment, and; BIO-key’s line of compact fingerprint readers for Windows. BIO-key will

Appdome for BehavioSec enables mobile biometric authentication

Appdome has partnered with BehavioSec to deliver Appdome for BehavioSec, which enables mobile developers and mobility professionals to rapidly integrate advanced biometric and behavior based authentication solutions with current mobile apps without any code changes. BehavioSec’s behavioral biometrics solution works in real time, preventing fraudulent activity and attacks by verifying end users by their unique patterns while handling their device. The technology captures specific user information, analyzing details of the user’s keystrokes, press and sequence, as well as their device

Aware releases cloud-based biometric identification solution

Aware has released Indigo|Onboard, the first in the company’s new Indigo line of cloud-based solutions that provide biometric search functionality either as a software-as-a-service (SaaS) subscription or as a server-based software license. Indigo|Onboard improves the onboarding process with advanced identity management capabilities, enabling organizations to biometric search to quickly determine if a new customer or employee has an existing identity record in the system. As a result, organizations can detect attempts at identity fraud as well as prevent any duplicate

Nok Nok Labs developing capabilities that go beyond basic FIDO standards

Nok Nok Labs discussed in a recent blog post how its product and engineering teams are leading FIDO standards development, as well as mapping out and delivering capabilities that go beyond basic FIDO standards. The company said that all organizations should focus on several key areas while devising their approach to modern authentication, starting with assessing risk signals and building policies around those signals. According to Nok Nok, organizations should consider three areas when establishing policy-based authentication mechanisms. The first

Lloyds Bank to trial Microsoft biometric authentication for online banking

Microsoft has partnered with the Lloyds Banking Group to enable select Windows 10 users to log-in to their online banking accounts using their face via the Windows Hello feature, according to a report by TechRadar. Lloyds said it would start trialing the new feature some time in “the second half of the year,” with Lloyds Bank, Halifax and Bank of Scotland customers being the first to test out the new security option. As an integral security feature of Windows 10,

Intercede mobile ID solution integrates with Centrify credential solution

Intercede has partnered with Centrify to secure and manage mobile access in highly regulated industries who must comply with Homeland Security Presidential Directive 12 (HSPD-12), FIPS 201-2 and NIST 800-157. Interecede’s MyID enables enterprises to replace employee passwords with more secure and convenient digital identities on smart cards. The MyID solution manages the entire lifecycle of credentials, such as revoking them if a user leaves an organization or updating them before the credentials expire. Using the solution, all credential issuance

FacePhi face recognition solution achieves FIDO certification

Facephi announced that its Facephi face recognition solution has achieved FIDO certification by passing FIDO UAF interoperability testing for its UAF Authenticator implementation last month. Facephi Biometría develops and markets facial recognition software with a focus on mobile devices, using its own algorithms. Earning FIDO certification ensures that FacePhi complies with the FIDO standards and the improvement of the security and privacy of the authentication process. The certification also improves the usability of authentication, eliminates the use of passwords (passwordless