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U.S. financial institutions should prepare for potential new regulations around data privacy and protection, digital identity verification and the use of biometrics, says OneSpan's Michael Magrath.January 13DirectorOneSpan
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The widespread shift to e-commerce and touchless payments during the pandemic has escalated fraud risk in those channels, including the possibility of fraudsters combining altered photos with synthetic ID, Experian warns.January 11
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With the advances in technology and digitization, and evolving security threats, it’s time for smarter, more robust authentication methods, says Entersekt's Dewald Nolte.January 6Chief strategy officerEntersekt
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A pleasing look, or even allowing consumers to design their own cards, can help build brand and uptake, says Fingerprints' Lina Andolf-Orup.December 16Senior DirectorFingerprints
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Finland’s OP Financial has announced that it will be launching a biometric payment card pilot in the Nordic countries in the second half of 2021.November 23
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Before bringing biometrics to any new payment form factor, careful consideration is needed to ensure the technology can be seamlessly integrated into the existing infrastructure, while maintaining the highest levels of security, says Fingerprints' Henrick Nilsson.October 30Product managerFingerprints
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In too many places, identity verification and other vetting is still done manually, says Signicat's John Erik Setsaas.October 19Vice president of identity and innovationSignicat
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Amazon's palm-reading payment system is the sort of product that could probably succeed only at this point in time.September 29
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Biometric cards have garnered more attention in recent times through various trials, but the coronavirus pandemic looks set to accelerate their adoption with a series of major card issuers beginning to roll out the technology.September 8
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The company has renamed itself Prove and says that the acquisition will allow it to help banks fine-tune their security procedures when serving customers.July 29