Tag Archives: Biometrics

“Payments via voice tech on rise but consumers reluctant to make ‘big ticket’ purchases” reports Paysafe

According to new research commissioned by the Paysafe Group, over half of consumers (57%) questioned would use voice-activated technology, such as Amazon’s Alexa, to pay for low-value goods and services. The research also found that one-in-ten (11%) have used voice to confirm their identity when purchasing goods online.

Furthermore, over half (53%) of consumers believe that using voice-activated technology is quicker and more convenient than traditional payment methods, suggesting an increasing acceptance of voice-activated systems in consumers’ lives.

Nearly two-thirds (62%) suggested that a greater choice of verification methods, such as voice and fingerprint, make them feel more secure about making payments online, although most consumers (81%) still feel most comfortable if a password’s included somewhere in the process. 

While the acceptance of voice in payment scenarios is clearly increasing, consumers are still in two minds about making larger purchases and, indeed, the security of voice technology in general. For example, only 18% would be happy to pay for a holiday or book flights using voice recognition. From a security perspective, just over a third (37%) trust that their financial information is secure when using voice-activated technology and nearly half (45%) said they don’t want companies having access to their personal biometric details.

VoicePayments

The research report, entitled ‘Lost in Translation: The End of Risk?’, explores consumer attitudes to biometrics prior to the roll-out of Strong Customer Authentication later this year. The annual study tracks changing views on payments globally.

Commenting on the research results, Danny Chazonoff (COO at the Paysafe Group) said: “The age of voice has well and truly arrived with the advent of affordable and highly functional smart speakers. As consumers become more comfortable using voice to access services, it’s only a matter of time before ordering goods and making payments by voice enters the mainstream both via smart devices and mobile.”

Chazonoff continued: “Understandably with a nascent tech like voice activation, consumers are still apprehensive about security. Our research indicates that consumers are likely to start experimenting with low-value shopping and services, but this will inevitably change as people become more comfortable using voice. Once a user base is established, it can take a couple of years before we see a rapid increase in usage.”

*To read the full research report visit https://www.paysafe.com/lost-in-transaction-the-end-of-risk/

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Keri Feeney joins UK sales team at access control solutions developer Inner Range

Inner Range has hired Keri Feeney to join its UK sales team. Feeney takes on the role of regional sales manager for the South and will focus on generating new business for the Berkshire-based company as well as managing existing client relationships. 

Previously, Feeney worked as the regional manager for ievo, the manufacturer of biometric fingerprint readers. She has also worked as a fire and security consultant for Firstline Security Solutions.

Keri Feeney

Keri Feeney

Speaking about her new appointment, Feeney told Risk Xtra: “Inner Range has a fantastic reputation for designing and manufacturing high quality products for the full spectrum of security needs. I’m looking forward to meeting new and existing customers and helping them to devise the right access and security solution for their needs.”

Tim Northwood, general manager at Inner Range, added: “We’re delighted to welcome Keri to our team. She already has a good insight into the access control sector and direct experience of working with biometrics. This, together with her energy and enthusiasm, will stand her in great stead to win new business and keep our current clients happy.”

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IDnow launches AI-powered ID Verification-as-a-Service platform capable of identifying seven billion-plus potential customers

IDnow, a company nominated in the 2018 FinTech50 listing of the hottest European start-up businesses, has launched the next generation of its Identity Verification-as-a-Service platform that will enable companies to verify the identities of more than seven billion potential customers online easily and securely, and in compliance with regulatory Know Your Customer (KYC) requirements across Europe and beyond.

The IDnow platform – which is already trusted by several hundred companies across Europe, including UBS, Commerzbank and Telefonica – has been significantly enhanced with biometric, computer vision and security fraud detection technologies that gives it “the most extensive ID verification capabilities in the market” able to meet more identity verification use cases than any other platform.

The IDnow platform meets the high security and fraud detection requirements of strictly regulated environments for financial services and telecommunications sectors in countries like Germany, Switzerland and other European countries and is fully compliant with all relevant regulations and directives such as the AML regulation, eIDAS, the General Data Protection Regulation and PSD2.

In addition, the platform meets the business requirements for speedy and simple workflows that reduce customer on-boarding friction for non-regulated or lightly regulated sectors such as mobility, travel, recruitment and the sharing economy.

IDnow1

Features of the solution include:

*Fully-automated ID verification process including facial recognition, Optical Character Recognition and hologram and other anti-fraud detection features

*Video-based, agent-assisted ID verification workflow to meet specific regulatory environment requirements as well as to help ‘last mile’ conversion for customers unable to complete the automated process

*Integrated Issuance of Qualified Electronic Signature certificates for E-Sign solution

The IDnow platform can be easily integrated into a company’s service application and customers can complete an identification check quickly and easily from a smart phone. For industries or countries with more stringent security regulations, the platform will continue to offer video chat-based identity verification.

IDnow2“As we do more online, digital identities are becoming the new currency, so knowing your customers has become more important than ever,” explained Rupert Spiegelberg, CEO at IDnow. “Companies need an easy, trusted and compliant way of finding out who their customers really are. We believe our platform can offer just that. In addition, with full automation and compliance, organisations can rely on one platform for international requests, helping to bridge the gap in the market. As an end user, this means no more posting of copies of passport/proof of address, no more having to be present yourself at a physical branch and, for corporate customers, lower costs and higher success in customer acquisition.”

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A.I. Tech’s business intelligence technology sets the Benchmark

The technology that sits at the very heart of the Wisenet Biometrics and Retail solutions, which have been jointly engineered by Hanwha Techwin and analytic specialist A.I. Tech, has won the Business Intelligence category in the Benchmark Innovation Awards 2018 run by Risk Xtra’s sister publication Benchmark Magazine.

The Benchmark Innovation Awards are designed to recognise and reward innovative thinking and the delivery of benefits through advanced security solutions.

A Benchmark test team and an independent panel from the security industry judged products and solutions from across ten technology areas, with A.I. Tech’s AI-Tech video analytics winning the Business Intelligence category against stiff competition from the other shortlisted finalists.WisenetBiometricsandRetail

Wisenet Biometrics and Retail solutions, which are supplied ready to work out-of-the-box, are designed to enable smaller retail chains, as well as smaller outlets such as convenience stores, CTNs and petrol stations to gain a greater understanding of the type and numbers of people who visit their outlets.

“We’re very pleased that A.I. Tech’s innovative video analytics technology has been recognised in the form of this high profile and prestigious award,” said Bob Hwang, managing director of Hanwha Techwin Europe. “This further justifies our strategy of working in close partnership with specialist application developers such as A.I. Tech in order to deliver on our promise of continually developing new and innovative solutions which make good use of our high-performance Wisenet open platform cameras.”

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CDVI UK receives Cyber Essentials accreditation

CDVI UK has announced the company’s successful accreditation to the Cyber Essentials security standards. Cyber Essentials is a Government-backed and industry-supported scheme designed to help organisations protect themselves against common online threats. This set of basic technical controls assists organisations in protecting themselves against common online security threats.

This certification is consistent with the continual desire of CDVI UK to offer secured solutions and products.

CDVI UK has been working with Luke Hargreaves, managing director at Cloud Smart Solutions, to secure the company’s IT network against cyber attacks. The business now has up-to-date and operative cyber security measures in place.

CyberEssentialsLogo

The latest update of the ATRIUM web-based access control to General Data Protection Regulation standards shows that CDVI’s product development is fully connected to the latest trends in the security industry.

The CDVI Group develops products ranging from biometric and online access control solutions through to electromagnetic locking, keypads, stand-alone entrance systems and door automation.

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Biometric credentials added to Inner Range’s access control solutions

Inner Range’s access control customers can now benefit from biometric credentials thanks to a new partnership initiated with biometric technology company Zwipe. The new service, which uses clients’ existing card readers, is one of several intelligent integrations that Inner Range will be demonstrating at a free Integration Showcase on April 24 at its European headquarters near Reading.

Other integrators at the event include Morse Watchmans, which combines key locker control and asset management systems with Inner Range’s security solutions, as well as Stentofon (which offers intelligent intercom solutions via Inner Range software).

Tim Northwood, general manager of Inner Range Europe, said: “Integration is at the heart of what we do. Our products allow clients to control access to all manner of places, spaces, systems and products at the local, national and even global levels. Our new partnership with Zwipe is the latest in a long and ever-increasing line of integrations designed to help our customers better control their buildings and systems and streamline their processes. We very much hope that our Integration Showcase will highlight the options and sophistication available with our products and afford potential new clients the opportunity to see them in action.”

InnerRangeZwipePartnership

The new partnership with Zwipe means that Inner Range’s clients can add fingerprint data to credentials and, crucially, continue to use their existing card readers. They don’t need to buy costly new readers. The system can employ Inner Range’s encrypted Sifer readers and only stores the biometric data on the card rather than in a central database.

Morse Watchmans will be demonstrating how its key control system can integrate with Inner Range products to strengthen security, ensure personnel safety and restrict movement if necessary, as well as improve reporting compliance and reducing damage and resulting lost productivity.

Stentofon will showcase how its intercom solutions integrate with Inner Range products to enable clients ‘to hear, be heard and understood, every time’ by providing interactive graphical representations, status and controls across multiple sites.

 

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Biometric recognition solutions specialist ievo produces new set of product videos

ievo Ltd, the Newcastle-based manufacturer of biometric recognition systems, has just launched a new set of product videos aimed primarily at installation partners to help explain to customers the unique benefits and functionality of its readers.

Ash Westgate, ievo’s marketing manager, commented: “In essence, they’re a set of marketing and sale aids for our installers to help showcase specific aspects of our readers and systems. We wanted to show clients and customers the readers performing and functioning with some of the hazards that our solutions can overcome.”

ievoProductVideos

The readers can be installed to work with a variety of access points such as turnstiles, barriers and doors, etc. They integrate with existing access control systems from well-known manufacturers such as Paxton, Stanley, Honeywell and Nortech.

The access system can be customised with a variety of options depending on requirements to provide a deeper level of security using non-infringed biometric data.

*The ievo product videos are available to view at https://www.youtube.com/user/ievoreader

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