Post Tagged with: "authentication"

Visa to Acquire CardinalCommerce for Smoother Authentication

Visa to Acquire CardinalCommerce for Smoother Authentication

by December 1, 2016 at 4:03 pm 1 comment

Visa is set to acquire e-commerce payment authentication company CardinalCommerce, which provides data to card issuers for increased online transparency, it was announced today. “At Visa our goal is really to jumpstart the [e-commerce] industry,” said Mark Nelson, senior vice president of risk and authentication products at Visa. “By partnering withRead More

Civic’s Secure Private Login Could Make Banks Masters of Digital Identity

Civic’s Secure Private Login Could Make Banks Masters of Digital Identity

by November 26, 2016 at 8:22 am 2 comments

The identity management startup Civic launched this summer to kill the social security number as a means of authentication — a worthy goal, but its ambitions are much grander. At Money20/20 in October, CEO Vinny Lingham revealed a bit more on how the company plans to solve the enormous andRead More

How Will Banks Secure the New Channels — Messaging, Video, Chatbots?

How Will Banks Secure the New Channels — Messaging, Video, Chatbots?

by July 21, 2016 at 12:50 pm 5 comments

The first video banking call crossing the Atlantic took place this week. A new virtual assistant (TouchAssist) and a new personal finance chatbot (Trim) both launched yesterday. Facebook Messenger recently reached 1 billion users — and 18,000 bots. There are more ways for customers to talk to banks than everRead More

Civic Aims To Kill SSNs As a Form of Authentication

Civic Aims To Kill SSNs As a Form of Authentication

by July 19, 2016 at 10:00 am 1 comment

Have you used your social security number lately? Has anyone else used your social security number? How would you know? A company launching today called Civic wants to keep you informed on this. If a social security number becomes “compromised” — meaning known —  its owner is at significantly elevated risk of havingRead More

Who Are You? Fintech Developers Tackle the Identity Issue

Who Are You? Fintech Developers Tackle the Identity Issue

by April 1, 2016 at 12:57 pm 2 comments

As more of our financial activities shift to the digital space, quickly and securely authenticating users’ identities may be the most pressing topic in banking. This was clear from Day 2 of FinDEVr, Finovate’s code-heavy spinoff conference for developers, which took place last Wednesday in New York. Five presenters focused on authenticating users and securing mobile appsRead More

Nearly 10% of Mobile Banks Give Thumbs Up to Biometrics

Nearly 10% of Mobile Banks Give Thumbs Up to Biometrics

by March 23, 2016 at 11:54 am 1 comment

Passwords are broken, so why don’t banks do something about it? Oh wait, they are. A recent report by Celent indicates that 38% of banks with $100 billion or more in assets — there are 21 of them in the U.S. — offer fingerprint authentication. The most famous form ofRead More

Chase Amps Up Personalization as It Preps Android Fingerprint Login

Chase Amps Up Personalization as It Preps Android Fingerprint Login

by March 7, 2016 at 6:20 pm 1 comment

At JPMorgan Chase & Co., fingerprints and personalization are key next steps in its retail banking innovation evolution. Apple TouchID may get all the press, but authentication via fingerprint also exists for Android devices, and the feature will go live for Chase customers on those devices at the end of this month.Read More

Blockchains Predicted to Power the Internet of Things

Blockchains Predicted to Power the Internet of Things

by February 17, 2016 at 12:32 pm 1 comment

You might be using a blockchain to order detergent within the next few years. That’s because blockchains, or more properly, distributed ledgers, are likely to be used to authenticate users of IoT devices, according to Chris Skinner, author of the forthcoming book ValueWeb. Skinner told Bank Innovation today that heRead More

U.S. Bank to Add TouchID to Its iOS App in March

U.S. Bank to Add TouchID to Its iOS App in March

by January 25, 2016 at 10:39 am 1 comment

U.S. Bank mobile customers: Get your thumbs ready. The fifth-largest bank in the nation will add TouchID biometric capabilities to its mobile app in March. U.S. Bank is a participant in Bank Innovation INV, Bank Innovation’s fintech accelerator that launched last week. The company made the disclosure as part of a notable iOSRead More

Biometrics Get a Boost with MasterCard’s ‘Selfie Pay’ Test

Biometrics Get a Boost with MasterCard’s ‘Selfie Pay’ Test

by July 14, 2015 at 2:34 pm 0 comments

Would you like to authenticate a payment with a selfie? MasterCard hopes you do. The use case is simple. Swipe your card, and receive an alert on your smartphone asking you to show your face to prove you’re really you. MasterCard is currently testing this form of authentication with a smallRead More