Biometric Authentication

Latest News for: biometric authentication

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FM calls for strengthening GST registration process using technology

Suryaa 17 Jun 2023

She also took note of the existing measures being undertaken by the Finance Ministry such as OTP-based verification of Aadhaar and pilot of biometric-based Aadhaar authentication at the time of registration in high-risk cases ... ....

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Anti-evasion measures on GST Council agenda

Indian Express 17 Jun 2023

\u201cSmt @nsitharaman took note of the existing measures being undertaken by the ministry like OTP-based verification of Aadhaar and pilot of biometric-based Aadhaar authentication at the time of registration in high risk cases,\u201d the finance minister's office said in a tweet. The GST Council will hold its 50th meeting on July 11 ... .

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Fintech phishing attack: Four key insights

The Manila Times 17 Jun 2023

Such biometrics, like facial authentication coupled with a liveness motion check, protect the consumer because the one accessing the account has to be an actual person, who has to be the account owner (by comparing the selfie image versus the one captured during account opening).

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The Impact of Biometric Authentication Entering the Payment Space

Finance Magnates 16 Jun 2023

Biometric authentication, a system that employs unique physical or behavioral features to identify people, has grown in popularity in a variety of industries. Payment is one area where biometric authentication is making substantial progress ... In this article, we will look at the implications of biometric authentication in the payment area.

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Can AI Revolutionize Payment Security?

Finance Magnates 16 Jun 2023

From AI-based fraud detection systems to biometric authentication and anomaly detection, we will examine how AI can change the payment security environment ... Biometric Authentication. AI-powered biometric authentication provides a robust and safe technique of validating individuals' identities in financial transactions.

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Juniper Research Recognizes LexisNexis Risk Solutions as an Established Leader on Financial Crime Prevention Leaderboard

Longview News-Journal 16 Jun 2023

LexID Linking Technology, Biometrics Verification and Authentication Named as Key Factors ... Juniper Research also highlighted past corporate acquisitions that enhanced LexisNexis Risk Solutions ability to provide behavioral biometrics-based verification and authentication.

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Updated FIDO Alliance Specifications Adopted as ITU International Standards

Victoria Advocate 16 Jun 2023

A mobile standard providing authentication without passwords by using biometrics and other modalities to authenticate users to their local device.CTAP 2.1 (Recommendation ITU-T X.1278.2) ... For more information on the FIDO Alliance and FIDO authentication, visit http.//www.fidoalliance.org.

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10 Best Crypto Wallets in 2023

Changelly 16 Jun 2023

Two-Factor Authentication (2FA). Two-factor authentication provides an additional layer of security ... The Coinbase Wallet provides you with full control over your private keys, which are secured using Secure Enclave and biometric authentication technology ... The wallet also offers two-factor authentication for an extra layer of protection.

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Daon Provides ESL FACEIT Group with Verification and Authentication Solutions for Esports and Gaming

The Galveston Daily News 15 Jun 2023

Once proofed, the system will verify the user’s identity and they will be authenticated via live facial scan each time they login ... With industry-leading identity proofing and biometric authentication technologies at its core, Daon’s technology ensures that customer identities are accurately verified, safely secured, and easily recovered.

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Given Mobile Payments, Are We Moving Towards a Cashless Society?

Finance Magnates 15 Jun 2023

Mobile Payments on the Rise ... Mobile payments are also more secure than traditional payment methods due to advanced security features such as biometric authentication and tokenization ... Consumer Behavior Modification ... More innovation in mobile payment apps, such as integration with upcoming technologies like blockchain and biometrics, might be expected.

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Samsung Galaxy A54 review: Everything is awesome

Financial Express 15 Jun 2023

The Samsung Galaxy A54 stands out with its premium design, colourful display, dependable performance and battery life, and capable cameras. Follow Us ... The phone in question starts at Rs 38,999 (8GB/128GB). The top-spec 8GB/256GB model can set you back by Rs 40,999 ... Also Read ... You get an in-screen fingerprint reader for biometric authentication ... .

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Apple Vision Pro Signals Another Move Into Digital Identity for Apple

Forbes 15 Jun 2023

Only a few weeks ago, Apple was granted a patent for binding biometric authentication to a person’s digital ID ... .

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Increasing Contactless Payment Limits: the New Norm for Quick and Secure Transactions?

Finance Magnates 15 Jun 2023

Contactless payments are now more secure because to the integration of additional security layers such as biometric authentication and dynamic CVV codes ... Wearable devices, mobile wallets, and biometric authentication methods are all included.

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The digital asset management market size is set to grow by USD 11,936.72 million from ...

Longview News-Journal 15 Jun 2023

The market's growth momentum will progress at a CAGR of 22.05% during the forecast period ... Vendors should prioritize client data encryption and implement multi-factor authentication solutions, such as biometrics, for user authorization in the clients' IT systems to ensure the security of client data and protect against unauthorized access ... Details.

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Healthcare Biometrics Market is likely to be valued at US$ 17.9 Billion by 2032 register a CAGR of 18.1%

Pharmiweb 14 Jun 2023

Based on technology, the multi-factor authentication segment is likely to dominate the healthcare biometrics market share with a CAGR of 5.8% during the forecast period 2022 to 2032 ... Single-factor Authentication Multi-factor Authentication Signature Recognition Voice ...