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Persistent fraud threats drive consumer Biometrics for Payments and Mobile Credentials

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The latest Goode Intelligence forecast for biometric payments shows that fraud and biometric spoof attacks have highlighted the difficulty of ensuring financial transactions are legitimate. Goode’s latest report on biometric payments comes as Idex Biometrics announces a new order for its TrustedBio sensors. A Nilson Report also was released, highlighting the cost reductions in biometric cards due to the partnership between Zwipe & Tag Systems. The secure element Google plans to use in its Pixel 3 phones is optimized for digital copies of biometric passports to be protected and mobile driver’s licenses to be supported. The company and its partners are speeding up the development of the technology through Android Ready SE Alliance. After a pair of hackers were arrested by law enforcement, a story of an in-the wild biometric spoof attack that netted over $75 million in China has been published. The scam involved high-resolution images of people performing different actions made with data obtained on the black market, fraudulent tax invoices and hijacked smartphones.UbiSecure’s ‘Let’s Talk About Digital Identity’ podcast is joined by NIST Computer Scientist Mei Ngan, discussing her path to joining NIST, the expansion of face biometrics both in terms of applications and market, the work the Institute has done on facial recognition with masks and demographic differentials, with an interesting segment on the serious threat of face morphing on identity documents.The latest Identity Fraud Study from Javelin Research finds $43 billion was lost to digital identity fraud last year, meaning there has never been a better time to take advantage of increased consumer willingness to adopt biometrics. Consumers are not willing to accept failed fraud claims resolutions, which is too often, so financial institutions are under pressure from both the sides. Startup Info’s CEO Pablo de la Riva says that Buguroo has approached many other industries to discuss how it can protect against online fraud using its behavioral biometrics. The company’s focus is on comparing personal behavior history to determine which users are most likely to be successful. This gives it an advantage in an industry that is “gaining massive momentum,” de la Riva said. Thieme discusses a broader concept of presentation attacks than what is often thought, the challenges with PAD systems and what Part 4 does. However, the wider ecosystem that will support it is still being established. Building trust will require trust-building in smart homes and IoT. This may require the involvement of big banks. However, the larger ecosystem to support it is still being developed. There is likely too much data being collected and not enough value being shared with individuals. However, major privacy and policy barriers are preventing the change. According to Yan Carriere Swallow and Vikram Haksar, the priority of data sharing and digital identity to prove vaccination status may offer an opportunity to overcome these barriers. Innovatrics’ SmartFace platform now supports pedestrian and body part detection for anonymous real-time detection. The company also launched an application that provides instant feedback from mobile devices placed near SmartFace entry points, such as a reminder for wearing a mask. Governments around the world continue to announce plans to create digital health pass programs. New York, Estonia, and Japan are the latest to adopt QR code based credentials. Pangea has created a ‘Green Pass” authentication system to protect against spoofs of Israel’s COVID vaccine credential. Global ID and Unisys have also partnered with healthcare organizations to launch two new health passes. A white paper on the topic was released as part of Digital Document Security Online Event 2021. Aware reminds us of the importance to digital identity authentication. Nomidio and Post-Quantum executives discuss how data encryption can be improved and how data can still be protected against quantum computers that could break today’s standard encryption algorithms. In an attempt to reduce wait times and touchpoints, a new partnership between Facedapter and Idiap has been announced. India’s government is moving forward on its Digi Yatra plans. SITA offers tips to airports and a K2 Security executive weighs into the impact of COVID-19 on TSA security checkpoints. Former IATA Director General and CEO Alexandre de Juniac believes that the digital identity benefits of IATA Travel Pass could play a key part in restarting the industry. He also believes they could boost the OneID project and transform the passenger experience. De Juniac discusses the timing of IATA’s transition from a new CEO to one that is more flexible. Many people were facing having their mobile service cut off due to the delay. The country’s biometrics-backed national identification number is essential for more aspects of life. It is now required for university entrance exams. Kevin Lecuivre, Coppernic Co-founder and CEO, speaks to Provence Business in French about his roots in Psion Teklogix and how France lags behind other African countries in digitizing electoral processes. He also discusses the company’s future prospects for 2021. Coppernic may have lost its plans to achieve EUR20 million turnover by 2022, but the company continues to internationalize and hire. Alexandra Grigore, Chief Product Officer, announced that Simprints has reached more than 1.2million beneficiaries. The non-profit has provided fingerprint biometrics in support of social benefits programs in 14 countries. Please let us know if you have any interviews, editorials, or other content to share with the digital identity communities and biometrics communities via social media.