Biometrics

Biometrics are the new weapons of war against online fraud and supporting financial services with biometric authentication and their KYC (Know Your Customer) procedures. ​ There are many different areas where biometrics are being deployed. For example in digital identity; an alternative to user names and passwords; protecting against ID theft; account takeovers and multiple accounts. ​ Mobile biometric authentication is helping to verify new and returning customers at the point of log-ins, payments and digital on-boarding.

Steve Cook Head of Business Development at ID R&D

Convenience vs Security: The future of facial recognition

Developed in the mid-sixties and first commercially introduced in the 1970s, facial recognition technology has since made huge strides. Now, it's considered a significant feature for major players in mobile and has helped improve security in law enforcement and defence. But given its much improved performance and convenience, it’s important to und...

17 June 2019 /security

Retired Member 

Biometrics and Digital Identity: Twenty Years In

On May 1, 1999, I began my career in the biometrics and identity industry at an unknown, fledgling company called Visionics that was promoting facial recognition in a shrink-wrapped box to allow people to log onto their PCs safely. Admittedly, it didn’t work very well, but it was amusing when people called to complain that they had scanned their p...

14 May 2019 /security

Chris Holmes Senior Vice President at KAE Consulting

Biometric payments at the tip of your fingers

The word biometrics is derived from two Greek words – bio meaning “life” and metrics meaning “to measure”. Biometrics are thus biological measurements, often used in automated methods, to recognize a person based on a physiological or a behavioural attribute. In this blogpost I will explore the topic of biometric authentication in relation to paym...

01 April 2019 /payments

Retired Member 

How Strong Can a PIN Code Really Be?

It’s suggested we use 14-character passwords with numbers, letters, and symbols, and we change this password every 90 days. It’s also suggested this isn’t very secure. I like big numbers, and a 14-character password using all the available characters on our keyboard puts the number of possible combinations at 1.4e+103, or 1 with over a hundred...

06 March 2019 /security

Retired Member 

Using Regulations to Boost Your Business

Regulations and mandates often strike fear in C-suites and compliance managers, as they automatically gravitate toward how these could restrict them or hold back their business. Focusing on the punitive measures that accompany regulations, however, prevents organizations from realizing that compliance can help enterprise’s reach new customers, und...

15 February 2019 /security /regulation

Retired Member 

Are biometrics really the way for 2FA?

I have some concerns around the use of biometrics for online authentication. I know I’m not the only one, and my thoughts are probably not original, but I’m going to need some convincing before I start to see biometrics as the most secure, futureproof way of moving forward. There are some frequently cited concerns around biometrics, mainly around ...

12 February 2019 /security /retail

Anthony Pickup Consultant at Capgemini Invent

What is holding back commercial eID services?

The recent article[1] about the UK governments attempts to facilitate eID for government services being handed to the private sector made me think what is holding the eID market back? With mobile phone and integration of connected devices technologies improving the security and user experience for digital services. The use of biometric sensors in...

08 February 2019 /retail

Retired Member 

Strengthening Financial Security with Biometrics

Technology is evolving faster than ever, sprouting new business models and paving the way for the rise of fintech companies like Robinhood, PayPal and Coinbase. In addition to disruptions to traditional business models, emerging technologies are also optimizing the way traditional work gets done. One trend that’s gaining particular traction in f

20 December 2018 /security /inclusion

Alexander Dunaev co-founder at ID Finance

Governments key to solving financial inclusion

Around 1.7bn people are unbanked according to the World Bank, down from 2.5bn only seven years ago. Considerable progress has been made in just a few years with innovations in fintech taking much of the credit for providing financial services access to almost a billion people. However, 50 percent of adults globally still remain excluded from the t...

05 December 2018 /regulation /inclusion

Steve Cook Head of Business Development at ID R&D

3D face mapping as a true differentiator in biometric liveness detection

The rapid global adoption of biometrics for identification and access management by organisations of all sizes clearly indicates they are here to stay. Yet, until 3D face authentication technology became available in late 2017, 2D face recognition that matches two images was all that could be obtainable. 2D face recognition vendors promised securi...

28 November 2018 /payments