MasterCard puts faces and fingers under microscope (Mobile World Live)
MasterCard and First Tech Federal Credit Union, a US financial institution, will pilot the authentication of payments using facial and fingerprint recognition, in what they claim is a first for the country.
Separately, MasterCard is running another biometrics trial with International Card Services (ICS), the leading credit card provider in the Netherlands.
NETHERLANDS: ING launches voice-recognition banking app (Computer Weekly)
Dutch banking group ING Netherlands has launched a banking application that can be navigated using voice recognition.
The firm hopes future generations of the app will use biometric voice recognition for user authentication to replace PINs.
Keeping in mind the difference between voice recognition and speech recognition, biometric ID management technologies sure seem to be gatting a lot of traction in the banking sector. This appears to be the case especially in Europe where banking security already far exceeds what you typically see in the United States as chip on card technology for bank cards has been standard in Europe for a long while now.
Perhaps it’s about time the United States gets in on the leap-frogging game. An interesting fact in this case is that a Dutch bank is implementing banking security two generations more advanced than US banks use and they’re doing it with voice recognition technology developed in the United States.