According to a new cybercrime report, news has recently emerged of the first machine learning generated fingerprints. According to Wired.com, a group of computer scientists from New York University’s engineering... more
While enterprises began introducing biometrics into the authentication process decades ago, the introduction of the technology into mobile devices was the catalyst for the consumerisation of biometric authentication. The first... more
The post Infographic: Strong consumer sentiment toward biometric authentication appeared first on Payments Cards & Mobile.
Isabelle Moeller, Chief Executive of the Biometrics Institute, gives her views on the key market trends in biometrics including border management and financial services.
Fraud and fighting fraudsters is a complex and ever-evolving challenge. As consumers change the way they pay, fraudsters change the way they steal. For banks to keep up, these new battles require new tactics to minimize losses and reassure consumers. The rapid adoption of contactless payment cards has given rise to one such ‘new battle’, [...]
The post Fraud wars: how can biometrics help win the card fraud battle? appeared first on Payments Cards & Mobile.
Despite well-reported reductions in the use of cash across the country, new research from international legal practice, Osborne Clarke, reveals that UK consumers are now more concerned than they were a year ago about incidents of fraud and security breaches should mobile payments completely replace cash in the future. UK consumers have been open to [...]
The post Fraud fears rise as cashless society becomes reality appeared first on Payments Cards & Mobile.