Syniverse and Pinn have partnered to combine Syniverse’s global platform with Pinn’s attribution solution to deliver a stronger level of transaction security and continuous attribution. These capabilities are required by impending regulation like Payment Services Directive 2 (PSD2) and the General Data Protection Regulation (GDPR). Pinn’s attribution solution collects data regarding a user’s behavioral biometrics — which use the recognition and analysis of an activity that users do frequently, such as how they hold their smartphone or type on a
Swiss startup Biowatch SA has developed and tested the world’s first fully functioning prototype for a wearable device secured by wrist vein patterns that can be used for payments, access control, ticketing, ID management, environment personalization, and more. The company said the new prototype is the “result of a disruptive technology whose time has come coupled with our continued focus on the miniaturization of technology for convenience, and the maximization of biometric performance.” “At Biowatch we are convinced that such
Apple’s patents and independent biometrics experts both seem to suggest that for future iPhones, the entire screen will be equipped with fingerprint-sensing properties to ensure continuous authentication for users, according to a report by Phone Arena. “We will probably move to a world of ubiquitous sensors. So it’s perfectly reasonable, and consistent with Apple’s patent application, to imagine that the entire screen of a phone would have fingerprint sensing capabilities, unlike the current small patches of fingerprint readers,” said Dr.
Nymi, creator of the wearable authentication technology Nymi Band, has closed a US$15 million Series B round of funding. The funding round was led by new investor GII Tech from Dubai, along with participation from Nymi’s Series A investors, Relay Ventures and Ignition Partners. “This is an important milestone for Nymi,” said Karl Martin, founder and CEO of Nymi. “We have made significant progress in the last two years, delivering on our vision of wearable, Always On Authentication. This new
IBM’s MobileFirst Foundation is now offering SecuredTouch’s behavioral biometric technology as a primary authentication option, according to a report by Financial IT. MobileFirst Foundation provides scalable, time-tested enterprise mobile middleware that can be deployed on premises or on the cloud. SecuredTouch technology provides a risk-based authentication by analyzing human-device interaction. By integrating SecuredTouch technology into MobileFirst Foundation, IBM customers can implement behavioral biometrics directly into their apps without taking any extra steps. Using more than 100 behavioral parameters including angle,
BioCatch has been acknowledged by Frost & Sullivan for its position in the behavioral biometrics landscape and its patented Invisible Challenges solution that helps identify fraudsters without compromising the user experience. The 2017 Global Frost & Sullivan Award for New Product Innovation is given to the company that develops an innovative product to leverage leading-edge technologies and is recognized as best in class in three key areas: understanding demand, nurturing the brand, and differentiating from the competition. “The financial technology
The upcoming Creators Update of Windows 10 will add a new feature to Windows Hello which automatically locks a device when the user walks away from the camera, according to a report by Network World. Windows 10’s security feature currently uses Azure Active Directory and hybrid environments with Azure Active Directory Connect. The Creators Update will open up Windows Hello’s use to all organizations with on-premise, Active Directory-only environments, especially those in public sector. Windows Hello will also feature Dynamic
The ability to continuously authenticate a user during a session is a major opportunity for financial and banking companies with mobile customers, says Entrust Datacard global vice-president of authentication Ryan Zlockie. Entrust Datacard will make announcements related to continuous authentication at RSA 2017 and in March, the later related to biometrics, Zlockie told Biometric Update in an exclusive interview. “A lot of things are changing with the banks, that are really putting authentication even more front and center,” Zlockie says.
BioCatch has expanded its patent portfolio to over 40 granted and pending patents, with nine new patents obtained this year alone. The company’s IP portfolio expansion was led by its recently filed patent entitled “System, Device, and Method Estimating Force Applied to a Touch Surface,” which covers technology that enables device makers to omit the use of expensive hardware that are traditionally needed to estimate the force and pressure applied to touch surfaces on devices. Designed for the small screen,
TypingDNA has developed technology that expands the limited biometric authentication options not requiring specialized sensors or advanced hardware. Its approach works with existing keyboards, and can be used to protect any app by matching a short typing sample. TypingDNA’s cybersecurity SaaS uses artificial intelligence to match two or more typing patterns, which consist of “press and flight times” keyboard input. Typing patterns are virtually impossible to steal, and are also simpler to use for web applications than other biometrics, CMO