‘You can tell by the way I use my walk…’

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June 7th, 2017

We’re losing the battle against fraudsters who are stealing or guessing our usernames and passwords with increasing success. So could analysing the quirky ways we use our devices – even the way we walk – provide an additional line of defence?

These days you can’t walk down a busy street without bumping into smartphone zombies oblivious to the world around them.

But little do they know that the way they walk, hold and interact with their mesmeric devices could be telling service providers exactly who they are. Read more>

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Has biometric banking finally arrived?

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June 6th, 2017

Back in April 2017, MasterCard announced that it would be launching a payment card which features a fingerprint reader. It was the latest in a growing list of financial institutions to deploy biometric technologies. For example, HSBC has deployed voice biometrics within its customer contact centres. Barclays has done the same, while also allowing finger prints to be used to authorise basic banking transactions with its corporate client base. And Lloyds Banking Group is reported to be preparing to allow customers of Lloyds, Halifax and Bank of Scotland to use Microsoft Hello to access online bank accounts. Read more>

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Your password is terrible and everyone wants to fix that

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June 5th, 2017

Headlines about mass data breaches have become ominously routine, and yet password convenience still trumps security for most people. That’s why, year after year, the world’s most popular log-on remains “123456,” a password so obvious it accounted for 17% of the 10 million compromised passwords analysed by Keeper Security, which sells a log-in management service.

The answer, of course, is to get rid of passwords altogether. Biometric technology-especially fingerprint scanners-have been steadily replacing the need to type in a password, which can easily be guessed by hackers wielding smart algorithms. Now, with the world increasingly embracing voice-activated devices like the Amazon Echo and Google Home, companies are starting to create technology that recognizes a person’s speech patterns. Facial recognition is starting to catch on as well. Read more>

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2017: The year of biometrics

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June 2nd, 2017

As frequent news reports continue to show, the issue of fraud is becoming increasingly prevalent in financial institutions. Fraudulent activity is worrisome in any industry, but the problem is particularly important in financial services as customers’ identities – and livelihoods – are at stake. At the same time, organizations are paying increased attention to improving and simplifying the customer experience. Steven will outline why both banks and consumers need a more secure, customer-friendly authentication solution, which is why 2017 will be the year of biometrics. Read more>

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Report explores the global voice recognition biometrics market research

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June 1st, 2017

The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively. Recent trends and developments in the global Voice recognition biometrics Market have been analyzed.

The report on Voice recognition biometrics Market is a source of expansive ideas, statistical data, and detailed information, which has the potency to ensure profit of an enterprises. It gives a basic overview of the industry which includes definition, applications, classifications, and industry chain structure. Read more>

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Visa research reveals more consumers adopting biometric solutions

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May 31st, 2017

Credit card firm Visa recently released new research which shows that biometrics are reaching mainstream use as retailers and consumers are increasingly adopting the technology, according to a report by Essential Retail.

Consumers are increasingly embracing biometric technologies such as face recognition and fingerprint authentication within the retail environment, the study finds.

Natasha Toothill, head of merchant services at Visa, said that consumers were previously skeptical about biometrics. Read more>

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Voice imitation scams are here — but this is why you shouldn’t panic when talking to a computer

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May 29th, 2017

A couple of incidents arose last week that seemed to strike at the heart of nascent technologies using voice for securely identifying a person.

The first was Queensland Police warning that the “Can you hear me?” scam had arrived in Australia. Originating from the United States, the scheme involves a malicious caller pretending to be a staff member from a utilities provider and asking “can you hear me?” – in order to induce an answer of “yes”. If the victim complies, then the “yes” is recorded and used later to imitate the person on phone banking systems. Read more>

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Biometrics Could Make Passwords a Thing of the Past

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May 26th, 2017

Headlines about mass data breaches have become ominously routine, and yet password convenience still trumps security for most people. That’s why, year after year, the world’s most popular log-on remains “123456,” a password so obvious it accounted for 17 percent of the 10 million compromised passwords analyzed by Keeper Security, which sells a log-in management service. Read more>

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Experian Partners with Daon to Bring Multimodal Biometric Authentication to CrossCore

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May 25th, 2017

Experian is going to be the next major organization to take advantage of Daon’s IdentityX biometric authentication platform, with plans to integrate it into its CrossCore identity security system.

Experian to Integrate IdentityX Biometrics Into Anti-Fraud PlatformAs with other integrations of Daon’s pioneering mobile platform, Experian’s will enable fingerprint, voice, and facial recognition for partners using the CrossCore platform. Explaining the move in a statement, Experian VP Kathleen Peters said that “Daon’s biometric authentication will help clients reduce fraud, while reducing customer friction.”

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Compal and Microsoft ‘working’ on smart voice recognition

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May 24th, 2017

Taiwanese electronics firm Compal could be planning to work with Microsoft on an AI-based voice recognition solution, according to speculation in local media.

Compal Electronics president Ray Chen is quoted as saying in DigiTimes that the company has recently landed orders for a smart voice recognition device from a US-based client and he believes that voice recognition technology is an extension of artificial intelligence (AI) technologies. Read more>

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