Centralized databases with personal information are a looming threat to mobile ID security
By Kevin Freiburger, Director of Identity Programs, Valid The ID verification market is projected to hit $12.8 billion by 2024….
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Contactless biometrics hit fever pitch and fingerprint payment cards reach milestone
The top biometrics and digital ID stories this week were dominated by fingerprints for contactless payments and facial recognition for…
Biometrics-backed mobile money and facial recognition markets to grow as everything goes contactless
The biometric facial recognition market will be boosted by the COVID-19 pandemic, according to an update from MarketsandMarkets. The market…
Fintech apps with fingerprint security options looks for U.S. foothold, offer to distribute stimulus funds
Fintechs supporting biometric security like Venmo and Cash App have had talks with the U.S. Treasury Department about using their…
VeriTrans, NEC test biometric facial recognition payments at stores in Japan
VeriTrans has partnered with NEC Corporation to deliver a biometric facial recognition solution for cashless payments initiated by Seven-Eleven Japan…
Aximetria develops local storage voice biometric authorization for crypto wallet
Fintech startup Aximetria has developed a new biometric voice authentication technology for private keyless authorization of mobile banking transactions. Digital…
Diversity of critical system access points, awareness education need more congressional attention
Information security “authentication” — the ability to confirm individuals using a data system are who they claim to be and…
Mobile wallet firm Paytm to recruit 10,000 more agents to complete KYC norms
Mobile wallet provider Paytm plans to double its team by adding 10,000 more agents — in advance of opening 100,000…
Mobile biometric payment volumes to reach nearly 2B in 2017
Juniper Research has released a new study that forecasts that the number of mobile biometric payments will increase to nearly…
Mastercard study shows that 43 percent of social media users interested in biometrics
Mastercard released its fifth annual Mastercard Digital Payments Study, which found that 43 percent of social media users expressed interest…
