News Topic: Biometrics
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BBVA debuts biometric cards in Mexico as test run for global rollout
Wordline adds handprint biometrics for mobile payments
FIDO Alliance creates user-experience guidelines for online security
Pressure grows on banks to abandon facial recognition tech
Barclays, Citi and other big banks invest in behavior biometrics firm
Four global banks have joined American Express Ventures in contributing to BioCatch’s Series C fundraising round and earning themselves seats on its newly formed Client Innovation Board. ... Read full article
Biometric spoofing is harder than people think
New authentication methods make it harder to fake biometrics, Eric Setterberg of Fingerprints argues. ... Read full article
Will banks get caught up in facial recognition backlash?
Consumer advocates and policymakers are railing against use of the technology by government, universities and others. Banks using it for authentication need to tread cautiously, experts say. ... Read full article
Is facial recognition safe for financial institutions to use?
The technology has become controversial for its potential for bias. Notre Dame professor Kevin Bowyer explains what his studies of this issue have found. ... Read full article
Diebold's newest ATMs designed to act like mini branches
The ATM manufacturer has added mobile banking integration, document signing, biometric authentication, video banking and a cash recycler to its DN series. ... Read full article
Should San Francisco's ban on face-recognition tech worry banks?
Police and city agencies can no longer use facial-recognition technology, which civil liberties groups say infringes on human rights. The measure may be an ominous sign for biometric login authentication. ... Read full article
How this small bank combats fraud without alienating customers
As large banks put stronger fraud monitoring and authentication technology in place, fraudsters have been turning to small banks, like Kennebunk Bank on the coast of Maine. Here's how it fought back. ... Read full article
JPM's digital token; Face-recognition ATMs
The JPM Coin will be used to expedite payments transfers for its corporate clients; customers of Spain’s largest retail bank will be able to withdraw cash without entering a PIN. ... Read full article
Digital IDs would help unlock Canada's economy, bank group says
Canada needs to embrace digital identification to "unlock the full potential" of banking and the economy, Canadian Bankers Association Chief Executive Officer Neil Parmenter said. ... Read full article
Deutsche CEO puts management on blast; Chinese banks use lie detectors
Christian Sewing calls out the German bank's senior managers for using rumors of a merger with Commerzbank to excuse poor performance; banks in China begin using smartphones to pick up on lie-detecting facial tics. ... Read full article
Corporate customers want retail’s bells and whistles, too
"Banks should be investing in innovation in this area or risk getting left behind," a fintech CEO warns. ... Read full article
Wells' digital future, Citizens' mortgage play, Amex's data goldmine: Top stories of the week
Talking with Shari Van Cleave, head of Wells Fargo Digital Labs; Citizens Financial makes a big move in mortgages in purchasing Franklin American; a rewards blockchain could give Amex access to a wealth of customer data; and more from this week's ... Read full article
HSBC offers Face ID to corporate clients
The move is part of a larger trend to provide enterprise customers with tech capabilities available to retail customers. ... Read full article
Behavior-tracking security tech gaining traction at banks
Behavioral biometrics are attractive because they are easy to implement, hard for criminals to spoof and not subject to the same privacy protections applied to thumbprints or retina scans. ... Read full article
Can Samsung’s Galaxy S9 make facial recognition mainstream?
A better camera should mean more accurate facial recognition. Will it spur more banks to embrace the technology? ... Read full article