Identity RSS
Whats the state of play? Cybercrime Report Q1 2017
In the ever-evolving world of cybercrime, authentication continues to be a mainstay of global digital businesses; accurately recognizing trusted returning users and promoting a frictionless online environment builds a loyal customer base and reduces attrition. However, cybercrime is becoming an increasingly global phenomenon, operating across borders in well organized criminal gangs, with knowledge sharing and [...]
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Right finger forward: Why consumer technologies are driving biometric banking
When Apple and Samsung released new devices with fingerprint sensor technology, biometrics suddenly went mainstream and, as consumers, we’ve quickly become familiar with the technology. Fingerprint recognition has long been used as a means of identification but it has been given a 21st century boost in recent years with the launch of a new generation [...]
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Could PSD2 implementation accidentally ruin the European FinTech market?
A group of influential European FinTech companies have come together as 56 companies and associations operating across all EU Member States and at a global level in the financial services space in a bid to reform the PSD2 implementation. The companies, in a Manifesto of objection, say they welcome the adoption of the amended Payment Services Directive [...]
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Hackers exploit SS7 security flaws to access German bank accounts
Despite security experts warnings for years about security flaws around the SS7 (Signalling System 7), a protocol used by mobile networks to communicate with each other- hackers have finally accessed a back door and stolen money from German bank accounts. O2-Telefonica in Germany has confirmed to Süddeutsche Zeitung that some of its customers have had their bank accounts drained [...]
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The future of identity and authentication – a bank perspective
Connectivity is changing the world and the way we interact with one another. Last year, figures showed that the global population owned around 6 billion connected devices, approaching one for each of the 7 billion people on the planet. But, even more remarkably, some estimates suggest this figure will rise to 20 billion by 2020 [...]
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