Biometrics

Showing Latest Biometrics

Digitisation to make heritage financial institutions irrelevant by 2030

08 Nov 18 @ 16:42

By 2030, 80% of heritage financial services firms will go out of business, become commoditised or exist only formally but not competing effectively, according to Gartner. These firms will struggle... read more

Cards remain king as UK consumers slow to support mobile payments

06 Nov 18 @ 22:39

Despite the hype, new research has revealed that mobile payments are almost as unpopular as cheques. In fact, the payment card is still the number one payment method when it... read more

2018 Debit Issuer Study: Improved Issuer performance and lower fraud losses

17 Sep 18 @ 16:50

The 2018 Debit Issuer Study found that US consumer debit use continued to grow in 2017, contributing to improved overall debit performance, while fraud losses per transaction declined for the second consecutive... read more

The problem with self-sovereign identity: We can’t trust people

10 Sep 18 @ 17:00

Two buzzwords often heard in identity today are self-sovereign identity and distributed identity. The reason for considering new models for identity is, among other things, to avoid a single point... read more

Behavioural biometrics: How will it improve the consumer experience?

29 Aug 18 @ 09:19

Behavioural biometrics is a brave new world of seamless, hassle-free authentication that is set to revolutionise – and personalise – the life of consumers across the planet. In a world... read more

Are you being tracked: Behavioural biometrics being implemented by banks to reduce fraud

20 Aug 18 @ 09:32

When you’re browsing a website and the mouse cursor disappears, it might be a computer glitch — or it might be a deliberate behavioural biometrics test to find out who... read more

Strong Customer Authentication rules agreed for Europe

17 Aug 18 @ 12:14

It was a long gestation and difficult birth but Europe finally has new requirements for strong customer authentication. They will apply across the region from 14 September 2019, bringing much-needed... read more

Security fears threaten biometric payments growth

01 Aug 18 @ 08:36

As reported earlier by PCM, Biometric payments are poised for significant growth, but substantial consumer security concerns could put its future at risk according to a new report from Transaction... read more

Biometrics: The nirvana of personal security?

27 Jul 18 @ 10:41

By 2020, nearly all smart devices including mobile phones, tablets and wearables will have some form of biometrics security enablement. By the same time, personal banking through mobile apps will... read more

Mobile biometrics to authenticate $2 trillion of sales by 2023

26 Jul 18 @ 08:36

A new study has found that mobile biometrics will authenticate $2 trillion worth of in-store and remote mobile payment transactions annually by 2023. This is 17 times the $124 billion... read more

Biometric technology use set to rocket for payment authentication

13 Jul 18 @ 10:27

With new EU regulations coming into place next September, Mastercard is predicting a significant increase in the use of biometric technology to authenticate who is paying. With regards to card... read more

Biometrics – Giving the finger to fraud

04 Jul 18 @ 17:25

Clearing up the mess left behind by fraudsters is a serious challenge and sees financial institutions having to absorb the monetary and logistical damage of card payment fraud daily. Meanwhile,... read more

Trending

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more