Skepticism About Alipay Facial Recognition Rises

Face Recognition
In the wake of Alipay’s announcement that it is going to use facial recognition technology for user authentication in mobile payments, some are starting to ask if that kind of security is really enough. Dan Moren, in particular, says he has found a flaw in the system in a new Popular Science article.

Alibaba Demos ‘Smile to Pay’ Facial Recognition App

Alibaba just made a huge leap forward in identity verification, moving beyond fingerprint- and eyeball-scanning to facial recognition. Founder Jack Ma took center stage at the CeBit  2015 conference in Hannover, Germany, to demonstrate Smile To Pay, Alibaba’s smartphone payment system.

Barrier-Free Parking With ANPR Technology: A Real Option?

Many cities globally continue to become more congested, driving increased investment into off-street parking facilities. In recent years, automated number plate recognition (ANPR) [aka LPR] cameras and software have started to be used as part of the overall solution which also includes barriers, payment machines, and loop detectors. The main use of ANPR equipment is to alleviate issues related to ticket payments, where a license plate can be looked up in the system to verify entry times, or for security purposes.

Eliminating Traditional Card-Only Authentication With a Biometric Card

All of the recent news reports about the mishandling and hacking of card information has made both consumers and institutions more leery of using a card only to verify the card holder, especially at openings that need a higher level of security. There is an increasing demand for an affordable way to use biometrics to authenticate the card holder without having to replace already-installed readers and equipment.

Heartland App Creates A Single Point Of Access To Campus Life

With the contemporary college student and their smart phone attached at the hip, the use of mobile apps to fulfill daily tasks like door access, laundry, and vending has become the new trend. Heartland Campus Solutions is trying to provide solution to match this trend its OneCard Mobile app. The new app represents the consolidation […]

Visa Is Experimenting With Biometric Payment Systems

S Apple’s iPhone 5S has a fingerprint scanner, and now Samsung’s revealed a print-reading Galaxy S5 . Each allows for payments to be verified using a swipe of your digits. Is this the possible future of all transactions? Perhaps, and Visa is now exploring the area too to ensure it will be ready for the possible sea-change. "Smartphones equipped with fingerprint scanners are definitely useful. There are all kinds of technologies that we are seeing, and a lot of innovation in this space. We’re working with these technologies, and they are all very interesting," said Jon White, Visa’s Head of Marketing, Mobile Strategic Alliances. For the time being at least, it seems any such system would still need to be linked to a mobile device, and Visa’s current challenge is separating mobile device access authentication systems from the payment credentials — were someone to infiltrate one system through biometric readings, Visa want to ensure your bank balance would not be compromised. "It’s a different consideration between drawing a squiggle to unlock a phone or putting in a four-digit password to access my mobile to what’s required to access my bank account," continued White. "Secure management of payment credentials are the priority. I think there will be moves to form partnerships in this space though. That will continue, and we will pursue these technologies, but we need these multiple layers of encryption to preserve customer trust and integrity." Consumer attitudes also need to be considered — "Do users really want […]

NFC-Enabled Multi-Function Payment Card Debuts In Sri Lanka

Home / MAIN IMAGE / NFC-enabled multi-function payment card debuts in Sri Lanka Groundbreaking initiative spearheaded by HNB with Visa, Airtel and market leader in NFC-enabled payment card technologies Sony Felica  By Shabiya Ali Ahlam Sri Lanka yesterday saw the debut of its first-ever Near Field Communication (NFC)-enabled multifunction payment card via a groundbreaking initiative by HNB with Visa, Airtel and two other leading partners. Branded HNB One, and approved by the Central Bank, the product is a Visa Debit Card upgraded to have a prepaid component. As the unique feature makes it a ‘combo’ card, the objective of HNB One is to facilitate speed in transactions. While the debit card feature will function in the regular manner, the NFC-enabled prepaid component will allow transactions to be simple and quick with its ‘tap and go’ functionality. The multiple applications include toll payments in the transport industry, drive-through areas of fast food outlets and fuel stations, to name a few. Aimed at enhancing customer convenience, the solution is powered by Sony Felica, the market leader in NFC-enabled payment card technologies, and Smart Metro, which is providing the NFC-enabled terminals. The solution was unveiled to the media yesterday at a conference attended by HNB Chief Executive Officer Jonathan Alles, Bharti Airtel Lanka CEO Suren Goonewardene and Smart Metro Director Chandana Wijesooriya. In addition to providing access to HNB savings and current accounts, customers can also access their prepaid account with HNB One, where fund transfers can be made between accounts through HNB’s extensive ATM and […]

Windshield-Mounted Device Makes Fast Food Payments Even Quicker

Windshield-mounted device makes fast food payments even quicker Physical wallets are gradually disappearing as new technologies enable consumers to pay through more automatic methods, and we’ve even previously seen companies such as Uniqul hint at cash and card-less payments with facial recognition. Although we’re not quite there yet, a new innovation called iDriveThru is enabling hands-free fast food payments at selected New York takeaways using RFID car windshield tags. The system — which uses the E-ZPass transponder that many motorists already use to pay toll booth charges automatically — is currently in use at the five drive-thru Wendy’s restaurants in Staten Island. Customers first need to link their credit, debit or prepaid card to their E-ZPass through the iDriveThru website. Upon arriving at Wendy’s, the tag’s data is then read by sensors, offering visitors a personalized greeting on the video above the intercom. Once they’ve made their order, the card details are read from the tag and the payment is taken automatically. In addition, customers earn ten reward points for every dollar they spend, with 500 points being redeemable for a USD 5 coupon at Wendy’s. Although iDriveThru isn’t currently affiliated with any toll agency and New York-based consumers can’t pay for food through their Metropolitan Transport Authority top-ups, the technology shows how payments can be made more convenient and seamless with RFID tags. It’s easy to see how motorists could perhaps be charged for other products and payments by adapting the devices even further, while local authorities could […]

Fujitsu And PulseWallet Team Up For Biometric Payments

pulsewallet November 20, 2013 –  Fujitsu Frontech North America  and PulseWallet have announced a new relationship utilizing Fujitsu’s PalmSecure biometric technology for biometric payments. According to the companies, PulseWallet is paperless, storing transactions, transaction history, membership cards as well as promotions in a virtual customer profile. Now, under this new partnership, PulseWallet terminals aim to replace consumer credit and debit cards with palm-scanning technology. “From the very beginning, we were looking for an extremely secure and highly accurate form of strong biometric authentication technology to integrate with our solution. Customer registration has to work smoothly for all consumers and verification at POS must occur quickly,” Aimann Rasheed, co-founder and CEO of PulseWallet said. “We evaluated other forms of biometric authentication and we were most impressed with Fujitsu’s PalmSecure technology because of its speed, accuracy and flexibility.” PalmSecure sensors use near-infrared light to capture a user’s palm vein pattern without the need for contact with the sensor. “We are very proud to be partnering with PulseWallet and that they have chosen PalmSecure technology as a value-added benefit to their solution,” Randy Fox, senior director, currency handling and identification product solutions at Fujitsu Frontech North America said. “We are also extremely supportive of their green initiative. Fujitsu has been an eco-friendly company for over 30-years, with a true commitment to developing and delivering solutions that limit impact on the environment.” Payment systems are widely regarded to be the next big wave of biometric integrations, and many biometric wallet applications and solutions are […]

MasterCard Certifies OTI’s ‘Wave’ NFC Device, Paving Way Toward Greater NFC Adoption Of Wallet-less World

MasterCard Certifies OTIs Wave NFC Device, Paving Way Toward Greater NFC Adoption and a Wallet less World The Wave is the industry’s first audio jack plug-in NFC payment solution and the only to receive certification from a major payment company like MasterCard. Based on OTI’s patented NFC technology, the compact Wave dongle is device agnostic, easily plugging into any smartphone, tablet or PC, allowing users to pay with their device while enjoying real-time benefits from loyalty programs and other incentives as delivered by the corresponding application. It opens up a whole new world of mobile device applications, while alleviating the burden of a wallet full of credit cards. “Receiving certification from MasterCard provides essential validation of our technology platform and opens up significant greenfield opportunities for our Wave solution,” commented Ofer Tziperman, OTI’s CEO. “We can now begin to target large-scale implementations with banking institutions and payment card providers, as well as projects involving public transportation, institutional memberships, and loyalty and rewards programs. “As the first major player in the payment industry to certify OTI’s Wave, MasterCard provides validation of our NFC solution — now the payment industry’s only certified NFC audio-jack add-on solution. We expect other major payment companies to follow suit and provide certification in the near future. “With NFC-enabled applications expected to grow at a 35% CAGR to $34.5 billion by 2016, it’s clear the payment industry is rapidly adopting NFC technology. NFC is becoming increasingly recognized as the fastest, most efficient, most versatile and secured […]