“The technology comes by way of Vancouver-based FinTech specialist Central 1, which developed it in collaboration with San Francisco design agency Point One Digital. Essentially, the idea is to make Alexa a customer service representative, allowing end users to tell the AI platform to make payments, transfer money, and perform other banking transactions, all via voice command. And because Alexa has a voice recognition capability, the system can ensure that it’s an authorized user requesting these transactions.”

“The way you press, scroll and type on a phone screen or keyboard can be as unique as your fingerprints or facial features. To fight fraud, a growing number of banks and merchants are tracking visitors’ physical movements as they use websites and apps.”

“The UIDAI or Unique Identification Authority of India provides an online facility that enables Aadhaar holders to disable biometrics-based authentication. This was said by the UIDAI, the issuer of the 12-digit identity Aadhaar number as well as the Aadhaar card, on microblogging site Twitter. The UIDAI has said that the service, called ‘Biometric Lock’, enables an Aadhaar holder to secure his or her biometrics data. Biometrics refer to the fingerprint and iris data of a user that is saved into the Aadhaar system for authentication purposes.”

“Dutchman Martijn Wismeijer is very cautious when it comes to storing Bitcoin – so much so that in 2014, he had two NFC (near field communication) chips surgically implanted into each hand to store his encrypted Bitcoin keys. Wismeijer stated a number of reasons for the drastic method of storing crypto, saying he had lost the majority of his Bitcoin over the years to exchange failure, hacking, and theft.”

“The big, current GSMA member initiative is establishing a role for MNOs in replacing username and static passwords as well as one-time passwords as security for sessions at websites and in applications through a secure universal login service. MNOs plan to leverage verifiable attributes associated with mobile phones to commercially offer a single API they can deploy worldwide to authenticate their customers. Consumers worldwide would be able to use exactly the same credential at every bank, retailer, service provider, and government site they visit—their mobile phone number.”

“Nok Nok Labs, the leader in next-generation authentication and a founder of the FIDO (Fast IDentity Online) Alliance, today announced a record year following broad industry acceptance of FIDO specifications as the industry standard to address the friction, vulnerabilities, and lack of ease of use that results from the use of passwords for authentication. Nok Nok Labs achieved a greater than 200% increase in billings in 2017, resulting from increased customer deployments, new channel partner and VAR strategic relationships, and market momentum fueled by the proliferation of mobile devices and global regulations that require strong authentication for online services.”

“Web browsers are building a new way for you to log in, announced today by the W3C and FIDO Alliance standards bodies. Called WebAuthn, the new open standard is currently supported in the latest version of Firefox, and will be supported in upcoming versions of Chrome and Edge slated for release in the next few months.”

“In 2017, Fujitsu Limited integrated the Nok Nok^TM S3 Authentication Suite (Nok Nok^TM S3 Suite) into their offering as part of a strategic partnership with Nok Nok Labs. The integrated solution allows Fujitsu Limited customers – like Mizuho Bank – to easily deploy online authentication systems with robust security and eliminates the reliance on passwords. By partnering with Fujitsu Limited, Nok Nok Labs has been able to gain further traction in the financial sector worldwide. Mizuho Bank is one of the initial deployments of the integrated offering and has a banking network that encompasses every prefecture in the country, which extends to all of the major financial and business centers throughout the world.”

“Payfone, the world’s leading digital identity authentication network, today announced the launch of its Instant Experiences for Retail platform at the Shoptalk 2018 retail and ecommerce conference in Las Vegas, Nevada.”