Citi tests ATMs that replace plastic cards with mobile phones, QR codes, NFC and iris scans (NFC World)
Customers using one of the new Irving ATMs download a mobile app and set up the transactions they wish to make when they reach the ATM on their mobile phone. They can then chose to have a QR code scanned by the ATM, tap their NFC phone against the ATM or have their iris scanned to authenticate themselves in order to complete the transaction they previously logged inside the mobile app.
This “grab bag” ID regime is interesting. Throw in Bluetooth, fingerprints, RFID and chip-on-card technology and the number of permutations of possible ID deployments goes up even higher. This is good news both for consumers and for business with ID management challenges.
Financial inclusion and women empowerment (Economic Times)
In 2014, the Bhamashah initiative was refurbished with a broader coverage of gender empowerment, financial inclusion and family-based benefits. It now provides end-to-end delivery system for individuals and various family-based benefits of the government’s social welfare schemes — like the PDS, pension funds, health insurance, MNREGA and scholarships — through a centralised e-government platform by leveraging the enhanced electronic infrastructure of the state.
These transfers are made to the bank account of the woman of the house through the Bhamashah smart card, which also provides biometric identification of family members. The card is also a co-branded debit card with the participation of several banks.
The merits of financial inclusion are deeply rooted in citizen empowerment. Access to credit is a critical link between economic opportunities and outcomes. By empowering individuals and families to cultivate economic opportunities, financial inclusion can be a powerful agent for strong and inclusive growth. With women constituting half the population, their equal participation in society is imperative for sustainable development.
No wonder this man is smiling.
One of the important assertions Amartya Sen makes in “Development as Freedom” is that empowering women in developing countries through education and financial inclusion is a tried-and-true way toward economic development for a country as a whole.
He won the Nobel Prize for Economics in 1998 for his contributions to welfare economics.
Biometric technologies can help make inclusion programs more efficient and more affordable.
European leaders try to slow migrants as thousands enter (Toronto Star)
The leaders decided that reception capacities should be boosted in Greece and along the Balkans migration route to shelter 100,000 more people as winter looms.
They also agreed to expand border operations and make full use of biometric data like fingerprints as they register and screen migrants, before deciding whether to grant them asylum or send them home.
USAA tops 1 million biometric users (Houston Chronicle) — San Antonio-based USAA reported Thursday that more than 1 million of its members have signed up to use its biometric technology on its mobile app.
Global Biometric Market 2015 at $7.0 Billion, Rising to $44.2 Billion by 2021 (University Chronicle)
Biometric modalities include hybrid fingerprint / palm print, facial recognition, iris image, and voice recognition. The global biometrics market is $7.0 billion in 2014, rising to $44.2 billion by 2021. Biometrics revenue and device shipment forecasts are segmented by modality and market segment. There are four market segments, law enforcement, border control which includes government ID systems, workplace access, and consumer ID.
According to Susan Eustis, leader of the team that prepared the study, “Biometrics represent a multi-billion dollar industry because the devices provide personal identity protection. Biometrics is used by civil authorities to permit the organization of people into units of government that are a cohesive group of people, not intruded upon by outsiders. Biometrics provides a cornerstone of law enforcement agencies with fingerprint ID.”
Kenya: Biometric Exercise Boosts Kenya Adolescent Girls (All Africa)
Implemented by Save the Children, the exercise uses easy-to-use and inexpensive equipment to read students’ fingerprints to record daily attendance.
The biometric information is then used to identify those students who meet the conditional threshold of 80 percent school attendance and, therefore, qualify for a cash transfer twice a term.
The cash transfer goes to their household head, whose biometric details have also been captured and linked to a bank account to facilitate electronic household cash transfers.
Many families in the developing world face difficult decisions about whether to invest in a child’s education (even if it’s “free”) or to maximize the family’s current earnings by putting children to work. Programs like the one described above have made a difference in the lives of millions in Brazil, Mexico and Indonesia and backing up the cash transfers with a biometric audit trail should help insure that available funds are used efficiently.
Welcome to the Biometrics Age! (Finextra)
A future sci-fi world of disappearing passwords, the internet of things and the unique human characteristics of our body parts to verify who we are is now actually a reality!
Migrant crisis: EU considers locking up more failed asylum seekers (Financial Times)
EU countries should lock up more failed asylum seekers, according to hardline plans the bloc is considering to increase the number of deportations from Europe.
The proposal is one of a series of tough measures — ranging from increased use of fingerprints to more funding for detention centres — that interior ministers from across the EU will discuss at a meeting in Luxembourg on Thursday.
Over 25,000 ‘ghost’ teachers identified in Sindh Education department (Geo.TV)
Sources said that, during investigation carried out by AG Sindh office and Education Department, about 25,000 out of 155,000 recorded employees have been identified as ‘fake’ in the Sindh Education and Literacy Department.
They added that ghost employees were identified by the Deputy Accountant General Education, security and examination committee with the support of biometric system.
We haven’t posted on ghost workers lately, but a 16% fake employee rate is noteworthy.
Here’s why the password isn’t going anywhere (IT Pro Portal)
There’s no point in arguing about which security solution is the “best”. It’s pretty clear that the future lies with individuals using a combination of security options, each making up for the weaknesses of the others…
So rather than try to prove that a new technology is the Holy Grail and should replace passwords, it’s time to educate the public to use more than one factor of authentication. Using multiple factors will certainly increase a user’s security more than using one factor alone, no matter how secure we believe that one factor may be.
Kyrgyzstan: Nation Awaits Results as Hi-Tech Election Sets New Standard for Region (Eurasianet)
Kyrgyzstan has gone hi-tech in its efforts to ensure as clean an election as possible.
Voters received their ballot papers only after undergoing an electronic fingerprint check. As the information was processed, the voter’s image popped up on a monitor. The screen flashed red when any irregularity was registered.
Atambayev said clean and honest elections were indispensable.
“We cannot have it so that one party or one family rules the country. It is important that we protect genuine democracy and that we have a strong civil society,” he said.
There were sporadic reports of technical difficulties with the electronic system, which was being used for the first time.
While limiting opportunities for ballot-rigging, the painstaking voting procedures did also slow things down and large lines were observed across the country throughout the day.
Biometrics to Secure over $5.6 Trillion of Payments by 2020 (Investorideas)
“Biometric vendors are experiencing tremendous growth on the back of the escalation of consumer-led adoption of biometric security. The adoption for payment purposes is a major contributor to this growth and Goode Intelligence forecasts that by 2020 it will contribute US$5.6 billion in revenue from $5.6 trillion worth of payments for companies involved in delivering biometric systems to the payments industry.”
The full report from Goode Intelligence is available here.