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biometric security, Biometrics, Contactless, contactless cards, Daily news, Fraud & Security, Identity, Issuing & Acquiring, POS Terminals, TietoEvry -

New market research on contactless cards from TietoEVRY shows that UK and European consumers are concerned about infection risk when paying in-store, with worries about theft and fraud growing as... more

The post Report: Time for biometric security on contactless cards appeared first on Payments Cards & Mobile.

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biometric, biometric security, Biometrics, Cyber Security, Daily News, Fraud & Security, Identity, Issuing & Acquiring -

Many banks around the world, large and small, continue to experience major security failures. At this year’s Kaspersky Security Analyst Summit, analysts explained their investigation of the takeover of a bank for several hours in Brazil by cyber criminals. The takeover of the bank started with a spear phishing attack. Next, the cyber criminals used [...]

The post Are banks using the best biometric security systems available? appeared first on Payments Cards & Mobile.

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biometric security, Biometrics, Cyber Security, Daily News, Fraud & Security, Identity, Issuing & Acquiring -

According to Deloitte, the active base of fingerprint reader-equipped devices offering biometric security will top 1 billion for the first time in early 2017. Each sensor will be used, on average, 30 times a day, resulting in more than 10 trillion aggregate uses globally. According to Deloitte, approximately 40% of all smartphones in developed countries will [...]

The post Prints charming: biometric security reaches the billions appeared first on Payments Cards & Mobile.

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