FB pixel

Leumi Card integrates mobile identity verification solution based on behavioral biometrics

 

In an effort to provide an advanced layer of security to its customers and eliminate the need for complex passwords, Bank Leumi’s credit card subsidiary, Leumi Card, will introduce the integration of a mobile identity verification solution by SecuredTouch based on behavioral biometrics.

SecuredTouch’s technology allows for user identification based on a unique personal usage profile within the mobile device, including such attributes as finger size, touch pressure, touch surface and more. The solution allows for the use of a seamless security factor and does not require any prior registration. The solution’s identity verification continuously monitors every in-app activity, in addition to the initial login stage giving Leumi Card the ablity to identify, in real time, whether the card owner is the one operating the app

“This is an international breakthrough that enhances user experience while solving the known problem of poor conversion in financial apps, due to the need for complex passwords,” commented Ohad Maimon, EVP Business Development & Strategy, Leumi Card. “Integrating the technology in Leumi Card’s mobile app is aligned with regulators’ directives for digital banking communications that require two factors of authentication.”

The integration of this technology, which will be available in Leumi Card’s mobile app in the coming months, follows a comprehensive experimental and testing phase.

Leumi Card has presented the pilot results and demonstrated the technology to global financial institutions with which the company has collaborations in the field of innovation. As a result, SecuredTouch is in advanced engagements towards further integrations with these parties.

Article Topics

 |   |   |   |   |   | 

Latest Biometrics News

 

Biometrics providers and systems evolve or get left behind

Biometrics are allowing people to prove who they are, speeding journeys through airports, and enabling anonymous online proof of age,…

 

Findynet funding development of six digital wallet solutions

Finnish public-private cooperative Findynet has announced it will award 60,000 euros (US$69,200) to six digital wallet vendors to help translate…

 

Patchwork of age check, online safety legislation grows across US

As the U.S. waits for the Supreme Court’s opinion on the Texas case of Paxton v. Free Speech Coalition, which…

 

AVPA laud findings from age assurance tech trial

The Age Verification Providers Association (AVPA), and several of its members, have welcomed the publication of preliminary findings from the…

 

Sri Lanka to launch govt API policies and guidelines

Sri Lanka’s government, in the wake of its digital economy drive, is gearing up to release application programming interface (API)…

 

Netherlands’ asylum seeker ID cards from Idemia use vertical ICAO format

The Netherlands will introduce new identity documents for asylum seekers Idemia Smart Identity, compliant with the ICAO specification for vertical…

Comments

11 Replies to “Leumi Card integrates mobile identity verification solution based on behavioral biometrics”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events