Tag: Biometrics
What does data security mean, and why is it so crucial in today’s realities?
Data security refers to the digital privacy measures implemented to prevent unauthorized computer access, databases, and websites. Data security also protects your data from corruption. Data security is an essential aspect of IT for organizations of all sizes and types. Its proper provision is handled by data security services, which provide services for effectively providing…
Tech Digest daily roundup: NASA Artemis blasts off from Florida
NASA's most powerful rocket ever has launched into space in the first step of a mission to return humans to the moon. The next-generation, multibillion-dollar Space Launch System lifted off from Kennedy Space Center in Florida in the early hours of Wednesday morning, with the Orion spacecraft in tow. It surged off the launch pad…
Tech Digest daily roundup: Mastercard pilots biometric payment system
The cost of groceries may be rising, but shoppers will have to grin and bear it at the checkouts. Under new plans unveiled by Mastercard, customers will soon be able to pay by smiling or waving at checkouts, meaning that the days of scrambling for a credit card or cursing a lost debit card could soon…
Tech Digest daily roundup: Eurostar trials biometric recognition
Image: Eurostar Continental rail operator Eurostar is set to trial a new biometric identity verification technology that promises seamless travel across borders. Created by identity, payments and data protection developer Entrust, the system allows travellers to register their face and passport ahead of travel for a touch-free journey through border checks. Once at St Pancras or other…
Fingerprint Biometrics Market to Reach $8.5B by 2026
Recent market research from Imarc has suggested that fingerprint biometrics are on target to enjoy a 14.64% CAGR until 2026. On current trends, this would mean a total market value of $8.5 billion in just five more years, a massive expansion on current biometric performance. Though industry spectators have determined this growth will be limited…
Master Lock introduces outdoor biometric padlock
American security brand Master Lock has launched a weatherproof and attack resistant biometric padlock that allows rapid fingerprint unlocking without the need for a traditional key. Designed for Airbnb hosts and families alike, the outdoor Biometric Padlock can save up to 10 different fingerprints so that access can be shared with your most trusted contacts. …
Santander introduces Phone ID and Voice ID for telephone banking customers
Santander customers will no longer need to remember and key in security numbers when accessing telephone banking, as the bank introduces voice and phone recognition technology. Telephone banking customers will be offered the option of verifying their identity through technology which will recognise their voice and where they are calling from. Santander is doing a…
NatWest trials biometric cards which use fingerprints
Biometric cards which enable people to verify payments using their fingerprint rather than needing to enter a PIN are now being used by some NatWest customers. NatWest launched a three-month trial of the technology on Wednesday, involving 200 people. In Scotland, the trial will involve customers of Royal Bank of Scotland. Customers will use the…
HSBC’s voice recognition technology has saved bank £300 million in fraud
Technology which enables HSBC customers to access bank accounts using their voice as a password has prevented over £300 million falling into the hands of fraudsters since it launched in the UK, claims the bank. More than 1.6 million HSBC customers across the UK now use VoiceID, which launched in 2016. HSBC said attempted frauds…
NatWest using fingerprint technology to authorise larger payments
An impression from NatWest of what the fingerprint technology could look like (NatWest/PA) NatWest customers will be able to verify card payments using the touch of a finger, rather than remembering a PIN, in a trial taking place in the coming weeks. The bank said it is piloting a “cutting…
