Upcoming and major changes to the regulatory umbrella for payments within the European Union will put a greater focus on two-factor authentication of users via passwords, PINs, biometrics and unique transaction codes. The new rules are designed not only to reduce fraud and boost consumer confidence, but make it easier for products to succeed.

The push in Europe to promote the use of standardized authentication for online transactions moves to cross-border banking. A test enables French consumers with eIDAS digital identities to open banking accounts in the United Kingdom, an effort that involves major players in the identity space.

To reduce identity fraud, it is crucial for modern organizations to optimize customer acquisition processes both in-store and via online channels. Governments, banks and telecoms are finding that automated identity verification is a crucial step in this process. Learn how multi-channel solutions can enable secure face-to-face enrollments or allow customers to self-enroll with smartphones anytime and anywhere.

A new biometric ATM from Diebold and Samsung seeks to increase the security and speed of cash-machine transactions by using mobile apps and facial recognition – mathematical representations of consumers’ faces. The technology represents the latest effort to widen the popularity of biometric payments.

The Gemalto Assurance Hub analyses the profile and the behavior of online banking customers in real time delivering adaptive authentication for online banking. The system activates additional authentication measures only when a user’s session seems questionable but it streamlines the customer experience when things are normal. The Assurance Hub is a risk assessment engine that […]

Embedded card security features – or document security features – are classified into three levels based on how they are read in the field. Level 1 are overt features that can be read by the naked eye, while Level 2, Covert features require basic tools and Level 3, Forensic features can only be seen in a lab setting using sophisticated equipment. While all levels can play a role in total document security, Level 1 has emerged as the essential features as they can be verified readily with only minor training.

A new action plan released by the European Commission notes that the promise of cross-border use of banking, insurance and other financial services requires strong eID federation. The ability to remotely identify customers for account creation and ongoing use will be key to making the use non-domestic service providers feasible and convenient.