Biometrics, borders and banks: what U.S. can learn from other nations
The U.S. government and banks face similar challenges in implementing a biometrics identity system. Both should study what other countries are already doing. ... Read full article
News Topic: Identity verification
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The parallels between banks’ quest for security and border control
The Trump travel ban calls for a new biometrics system to track all travelers to the U.S. It could follow the examples set by Canada, India and Estonia. ... Read full article
KYC vs. data privacy: Can this fintech thread the needle?
Cambridge Blockchain, a startup that bills its technology as a solution for banks to the competing regulatory imperatives of transparency and privacy, has raised $2 million through a convertible note. ... Read full article
How fintech could (one day) solve problem underlying Trump travel ban
The president's executive order reflects a lack of trust in the identity information shared between countries. In theory, blockchains are tailor-made to solve this problem, but current systems may not be up to the task. ... Read full article
Why banks should consider taking a page from Facebook on security keys
Facebook now lets users log in using a physical token. If banks gave consumers this option, it would strengthen the security of online accounts — or at least bolster their image. ... Read full article
Sorting out the authentication mess for omnichannel banking
Some vendors have begun offering authentication platforms through which biometrics and other authentication tools can be plugged into any or all channels. TD Bank is sold on this concept, but others are not completely sure. ... Read full article