Bank customers are responsible for detecting fraud 82% of the time, according to Information Security Media Group’s 2012 Faces of Fraud Survey. Banks responding to the survey reported that the three leading causes of fraud they experienced were card-not-present – 56% – data breach at a retailer or processor – 53% – and point-of-sales skimming […]
20 Apr, 2012Report: Customers, not banks, are best at spotting fraud
20 Apr, 2012Asda supermarket trials contactless payments
Asda Stores Ltd., a British supermarket chain, is planning to trial contactless payment technology in 25 of its stores, according to Computerworld UK. The contactless systems will be supplied by both Visa and payment value chain Streamline. Customers will be to simply tap the reader with their contactless-enabled card to pay for goods up to […]
20 Apr, 2012Thursby launches iOS two-factor authenticating smart card reader
Thursby Software Systems, Inc. has released the PKard Reader, a touch Web browser solution for the iOS that includes secure authentication to a personal smart card. With the PKard Reader, users can access a Web portal, collaboration sites and e-mail through either an iPad or an iPhone. A combination plug-in card reader and two-factor authentication […]
20 Apr, 2012Barclaycard PayTag turns any mobile phone into a contactless way to pay
Barclaycard launched a new stick-on credit card application that will enable millions of its Visa cardholders to make wave-and-pay purchases using their mobile phone. A third of the size of a normal card, Barclaycard PayTag can be stuck to the back of any mobile phone. Once attached, it can be used to make payments of […]
20 Apr, 2012Report forecasts global health care biometrics market to 2017
Reportlinker.com has added a new report by Frost and Sullivan to its catalog that examines the global health care biometrics market. Called “Strategic Analysis of the Global Healthcare Biometrics Market,” this study looks at the technology around all types of biometric capture, including fingerprint, face, iris, hand and voice. Along with analysis of biometrics technologies, […]
19 Apr, 2012Smartrac launches Midas NFC tag
Dutch RFID inlay maker Smartrac has announced the availability of its new Midas NFC tag. Designed to link small objects with cloud services, Midas tags can be attached to electronics and various other accessories allowing for a unique identification of the object while at the same time granting access to a range of services and […]
19 Apr, 2012New partnership plans on advanced biometric system deployment
Biometrics firms Morpho and AOptix have formed a partnership to deploy advanced biometric systems targeted to border management and aviation security industries. Under the terms of the partnership, AOptix products will be integrated into Morpho’s border management product line. This includes InSight Duo, AOptix’s combined face capture and iris recognition system. The combination of products […]