facial recognition

Mobile biometric authentication: A password-free future comes into focus

2019-04-01T14:07:36-04:00By |

Introduction If you looked into your Magic 8-Ball and asked, “Will I ever be able to stop using passwords for authentication?” it would certainly reply: “Outlook good.” And the outlook is good considering biometrics are making authentication simpler and more secure than ever. Passwords have never looked so retro. But if you asked us the same question, [...]

How Biometrics Expand the Reach of Mobile Banking

2019-03-27T10:59:03-04:00By |

For financial institutions, mobile banking is a cost-effective way to reach new consumers. The technology offers financial inclusion and unprecedented convenience. The Nielsen Mobile Shopping, Banking and Payment Survey found 47 percent of consumers across the globe used their mobile phones to check their account balances at least once in the six months prior to March 2016. 42 percent said they had used their mobile devices to pay bills.

Reaching the Next Level of Banking Security with Biometric Facial Recognition

2019-03-26T13:16:00-04:00By |

The number of identity fraud cases increased 16 percent between 2015 and 2016, according to Javelin Strategy & Research. The finance sector still struggles to combat fraudsters. Despite increased adoption of EMV cards and robust password creation policies, banking customers are still falling victim to fraudsters, and it's costing banks big. U.S. financial institutions alone [...]

Biometrics for banks: identity protection and regulatory compliance

2019-03-26T13:19:53-04:00By |

Identity authentication based on biometric matching continues to grow along with consumer acceptance in both private and public sectors. Biometrics, the unique physical characteristics that all human beings have, include fingerprints and iris scans, as well as facial and voice matching. These modalities can all be used – to various extents – to clearly identify [...]

Improving Biometric Search Performance with Intramodal Fusion

2019-03-15T13:35:43-04:00By |

We often hear about the benefits and applications of “multimodal” biometrics; the use of different biometric modalities together (e.g. fingerprint and face) to increase the performance and enrollment flexibility of biometric search and match solutions. There are cases where going multimodal is an ideal solution, but others where it’s not an attractive option. The benefits [...]

FIDO Adoption Pushes Passwords the Way of the Dodo

2019-03-26T13:30:31-04:00By |

Of all the things we do online, managing our passwords has to be our least favorite. The horror stories are told over and over again – password phishing, stolen identities, data breaches. Billions of dollars are spent every year by business, government, and consumers in an attempt to safeguard our most cherished belongings: our identities. [...]

Going Branchless – Mobile Onboarding for Banks

2019-03-26T13:32:37-04:00By |

Banks keep making banking easier, and that means cutting down on branch visits or eliminating them altogether by giving customers really great mobile apps. Perhaps more than any type of business, banking and financial services firms increasingly rely on the sophistication and ease-of-use of their mobile applications to attract new customers and keep them. They [...]

Biometric Authentication Part IV – Spoof Detection Is Critical For Mobile Facial Biometrics

2019-03-26T13:34:44-04:00By |

Facial recognition is here to stay for mobile authentication. It’s fast, easy, and familiar to anyone who has taken a selfie. And thanks to the universal appeal of the selfie, even lower-cost mobile handsets just about now have a front-facing camera. This is important because it means that biometrics can be used to strengthen the [...]

Biometric Authentication Part III – Sorting Out the Options

2019-03-26T13:33:49-04:00By |

Biometrics are the heir to the password for the reign of secure authentication. There are good reasons for that; our biometrics are naturally unique to us and could hardly be more convenient. They will enable strong authentication to become a seamless, transparent process that make login easier and more secure. But there are different ways [...]

Biometric Authentication Part II: Convenience and Security

2019-03-26T13:35:36-04:00By |

In Part One of this series, we looked at the topic of government and commercial organizations being hacked. Gaining access to our personal information is the objective of these breaches, and despite massive investments in anti-hacking technology there seems no end in sight. With that vicious cycle in mind, perhaps it’s time to make the [...]