Category Archives: Biometrics

U.S. Bank Pushes Voice Biometrics to Replace Clunky Passwords

by Penny Crosman When U.S. Bank announced Wednesday that it’s testing voice biometrics for possible use by customers to access account information, it joined a line of banks that have been testing this technology, including Wells Fargo (WF) and Barclays. Voice biometric software users log in to an application or website by speaking a wordContinue Reading

3 Ways U.S. Payment Tech Is Behind the Times

The United States lags behind other countries in terms of deployment of advanced payment technologies that offer greater security. Chip-embedded cards that make counterfeiting or copying tougher are common in Britain and Canada, and Target CEO Greg Steinhafel is urging U.S. banks and stores to embrace such technology. Meanwhile, Gartner projects $235.4 billion in globalContinue Reading

MasterCard Joins Biometric ID Group

MasterCard recently became the first major payment network to join the FIDO Alliance, signaling that the payment network is becoming interested in using fingerprints and other biometric data to identify people for online payments. The Alliance is developing an open industry standard for biometric data such as fingerprints to be used for identification online, withContinue Reading

Biometric Authentication in a Multi-Channel Environment

The proliferation of banking channels generates an equal proliferation of authentication methods; can biometrics help reduce the clutter? BYANDRE DELAFORGE   Banks go to great lengths to safeguard their customer’s personal information and finances but the rapid adoption of multi-channel strategies increases the pressure on current authentication practices. Core to protecting customers is ensuring thatContinue Reading