Identity RSS

Contactless, Daily news, EMV, Fraud & Security, Global smart card market, Identity, Issuing & Acquiring, Mobile payments, POS Terminals, Regulation, smart card, smart card market -

The global smart card market is expected to exceed $65 billion by 2025. The rise in privacy and data security concerns in financial transactions will drive the industry growth over... more

The post Global smart card market expected to reach $65 billion by 2025 appeared first on Payments Cards & Mobile.

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Australian Competition & Consumer Commission (ACCC), Australian Open Banking, Consumer Data Right (CDR), Cyber Security, Daily news, Data privacy, Fraud & Security, Identity, Open Banking, Regulation -

In a sensible setback, the Australian Competition & Consumer Commission (ACCC) has delayed the roll out of  Open Banking reforms in Australia by six months, because of the consumer regulator’s... more

The post Data privacy issues stall Australian Open Banking roll out appeared first on Payments Cards & Mobile.

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Daily news, FiDaaS, Financial Identity as a Service, Financial Identity as a Service (FiDaaS), Identity, Issuing & Acquiring, Mobile Banking, Mobile payments, Mobile Remittance, Mobile Wallet, unbanked -

A new report projects that establishing financial identities for the world’s financially excluded – or “unbanked” – population would add an extra $250 billion to global gross domestic product (GDP),... more

The post Financial identities for world’s unbanked would add $250 billion to global GDP appeared first on Payments Cards & Mobile.

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Biometrics, Daily news, digital ID, Digital Identity, digital life, Identity, Products -

Mastercard is to tests a new digital identity service that has the potential to verify a person’s identity immediately, safely and securely in both the digital and the physical world.... more

The post Mastercard trials Digital Identity in real world tests appeared first on Payments Cards & Mobile.

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Biometrics, Daily news, face payment, facial recognition, Identity, Mobile payments, POS Terminals, selfie pay -

With the tagline ‘Hungry? Face it’, Nets has launched a pilot programme testing facial recognition as a face payment alternative payment method. Around 1,000 people – all working at Vibenshuset,... more

The post Nets trials face payment in Copenhagen appeared first on Payments Cards & Mobile.

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