mens vi venter på Q3


Payment cards are gaining new capabilities as Visa has launched a pilot of a new dual-interface (chip- and contactless-enabled) biometric payment card with Mountain America Credit Union and Bank of Cyprus. This will be the first pilot in the U.S. to test an on-card biometric sensor for contactless payments.
The card will test the use of fingerprint recognition as an alternative to PIN or signature to authenticate the cardholder during a transaction. The pilot is being managed through the Visa Ready for Biometrics program, a new offering to support the growing demand for biometric technology in the payments category.

https://usa.visa.com/visa-everywhere/security/biometric-payment-card.html

“After the successful pilot of our biometric debit card we are looking to test the technology further with credit cards. This is the biggest development in card technology in recent years and not having to enter a PIN not only increases security but makes it easier for our customers when paying for goods or services.”

https://www.finextra.com/newsarticle/34546/natwest-to-trial-biometric-credit-card

The Mastercard Biometric Card combines chip technology with fingerprints to conveniently and safely verify the cardholder’s identity for in-store purchases. An embedded sensor authenticates identity through a fingerprint, building on fingerprint scanning technology used for mobile payments today and can be used at EMV terminals worldwide.

https://www.mastercard.us/en-us/merchants/safety-security/biometric-card.html
Møyfrid
07.11.2019 kl 18:43 1793

"The Mastercard Biometric Card combines chip technology with fingerprints to conveniently and safely verify the cardholder’s identity for in-store purchases. An embedded sensor authenticates identity through a fingerprint, building on fingerprint scanning technology used for mobile payments today and can be used at EMV terminals worldwide.

https://www.mastercard.us/en-us/merchants/safety-security/biometric-card.html"

Artikkelen er fra 2017...

Hva har skjedd?



Redigert 07.11.2019 kl 18:46 Du må logge inn for å svare
Møyfrid
07.11.2019 kl 18:43 1785

"Payment cards are gaining new capabilities as Visa has launched a pilot of a new dual-interface (chip- and contactless-enabled) biometric payment card with Mountain America Credit Union and Bank of Cyprus. This will be the first pilot in the U.S. to test an on-card biometric sensor for contactless payments.
The card will test the use of fingerprint recognition as an alternative to PIN or signature to authenticate the cardholder during a transaction. The pilot is being managed through the Visa Ready for Biometrics program, a new offering to support the growing demand for biometric technology in the payments category.

https://usa.visa.com/visa-everywhere/security/biometric-payment-card.html"


Ja, mens vi venter på Q3 kan vi jo tenke over at denne 4 ting med denne piloten:

1. Det var med Fingerprintcards.

2. Det straks 2 år siden denne piloten ble gjennomført.

3. Evalueringen i etterkant viste at brukergrensesnittet var for dårlig, og dette lå langt frem i tid - om det ville komme.

4. USA har vel knapt vært nevnt med et ord i etterkant for et potensielt nedslagsfelt.

Tar med en fun-fact: det virkelig store markedet skulle være EU - pga EU`s nye reglement. Markedet skulle vel nær sagt floode av disse kortene ved disse tider.

Hvor mange kommersielle har vi? En bank i Skottland, som så vidt er i gang - og er på veg ut av EU...:-)

Lykke til med Q3!

Ps! Jeg tipper det snart kommer en rettet emi på 300 mill for de største eierne. Kurs 1,0.

Redigert 07.11.2019 kl 18:44 Du må logge inn for å svare

Significant Adoption of the SmartMetric Biometric Fingerprint Activated Credit Card Forecasted by Research Company Saying 579 Million Credit/Debit Cards Will Be Using Biometric Technology Over the Next Four Years

https://www.bloomberg.com/press-releases/2019-10-29/significant-adoption-of-the-smartmetric-biometric-fingerprint-activated-credit-card-forecasted-by-research-company-saying-579

Kurs 1.0 i emi?
Vil heller anta at kursen må settes med solid rabatt rundt 0,40?

Because the cardholder authenticates himself by means of his finger rather than entering the PIN code, all payments can be made using contactless with no limit on the amount. Furthermore, the card functions normally for all contact-type payments in-store, on the Internet or for withdrawals.

In practical terms, on receipt of the card the cardholder records his fingerprint himself in the biometric card. The fingerprint is verified directly on the card. No element linked to this fingerprint is transmitted to the merchant or to the bank.

https://www.societegenerale.com/en/newsroom/societe-generale-first-bank-in-France-to-experiment-with-the-biometric-card

China, 11th of November 2018: the world’s largest shopping event. In a day, Alibaba recorded a whopping $30.8 billion in transactions: that is more than Black Friday and Cyber Monday combined. For the record, that is 27% more than last year’s event, with a reported $10 billion generated in over an hour via Alipay, Jack Ma’s online payment solution.

What is even more interesting is how Chinese consumers paid during this event. Indeed, 60.3% of them paid via fingerprint scanning or by taking a selfie thanks to Alipay or its main competitor, WeChat Pay. Both solutions boast more than 1.5 billion users worldwide, even though mainly located in Asia. Otherwise put, 1 out of 3 Chinese use either Alipay or WeChat Pay, compared to a mere 5% for Apple Pay.

https://www.bankobserver-wavestone.com/towards-biometric-banking/

With biometric payments, if your card was stolen, then the thief wouldn’t be able to make a payment over £30, as they’d need your fingerprint to approve it.

Fingerprint authenticity accuracy is said to be able to exceed 99.99 percent, making it super secure. The technology also safeguards against duplicated 2D and fake rubber fingerprints as it’s dependent on electrical sensing, which it can only get from a real finger!

https://www.payzone.co.uk/blog/product-information/are-biometric-payments-the-future/

Fingerprint Cards’ T-Shape fingerprint module is already being used in a trial of dual-interface biometric payment cards in China, and the company expects volumes to increase with a broader commercial launch in 2020.

https://www.biometricupdate.com/201811/fingerprint-cards-argues-biometric-cards-are-perfect-compliment-to-mobile-payments-in-china

The jump in card payments can be linked to the dawn of contactless. Offering the same speed and convenience, contactless cards are also free from some of the challenges of mobile payments, such as lack of network coverage, low battery and system incompatibility. Plus, as QR code payments are increasingly susceptible to fraud, concerns are growing among both retailers and consumers.

Combined, the case for cards alongside mobile becomes compelling. Consumers get the choice and flexibility to pay dependent on their environment. But there has been a piece missing from the contactless card puzzle until now, strong authentication.

For Chinese consumers, possession of the latest technology is a status symbol. With biometric smartcards soon to be the latest ‘cool’ way to pay, it’s not surprising China is tipped to be early adopters of the technology.

Biometric payment cards offer the perfect partner to the mobile dominated Chinese market. With initiatives already ongoing, the marriage of mobile and card payments, unified in biometric trust, is set to take over China.

https://www.fingerprints.com/2018/11/30/why-china-needs-more-than-mobile-payments/

Mange har adgangskort til arbeidsplassen med pin kode...her kan IDEX levere kort med fingerprint som blir mye mer sikkert enn pin kode...
https://www.idexbiometrics.com/wp-content/uploads/2017/10/IDEX-CMD-presentation-full_web.pdf
poki
07.11.2019 kl 23:07 1406

https://vimeo.com/355332124

Mastercard and UnionPay måste ha sleeves och hur många miljoner bli dessa

UnionPay hade nästan 54% och Mastercard 15% av den totala kort marknaden

Bara med sleeves kommer idex tjänar lika mycket:-)
Redigert 07.11.2019 kl 23:08 Du må logge inn for å svare

Jeg er ny i IDEX...og etter at jeg har lest gjennom både ny og eldre artikler på nettet...så ser jeg jo at nesten alle sier at 2020 er året da biometriske kort vil komme...det kan virke som at det er flere på dette forumet som synes at det burde ha kommet i 2019, 2018 eller 2017, men jeg kan ikke se at noen har snakket om det...jeg finner bare 2020...

IDEX har jo ingen gjeld...så om det kommer en større kontrakt så kan IDEX finansieres med et konvertibelt obligasjonslån...uansett så vil nok Q3 gå med underskudd...og sannsynligvis med ca -60 mill...som i mange tidligere Q-resultat...noe annet ville være uventet...
Sente
08.11.2019 kl 17:01 1180

Tja, mastercard sa selv biometriske kort skulle komme 2018, så det er vanskelig å være Idex i et slikt marked.
The Mastercard Biometric Card will be live in select markets in early 2018.
Ref: https://www.mastercard.us/en-us/merchants/safety-security/biometric-card.html

Ja...in selected markets...og det er de jo...men i stor skala først i 2020...
Sente
08.11.2019 kl 17:10 1157

At Fransabank tilbyr et gull/premium kort er ikke "in selected markets"...
Med mindre du kjenner til flere banker/markeder som tilbyr kortene?

Nearly 1 million units could ship in 2018, but more significant volumes will not be achieved until 18 to 30 months after successful trial completion. Shipments are expected to reach 24 million worldwide by the end of 2020, but will increase considerably by 2023, reaching 117 million, aquite modest, but nevertheless important, milestone.

https://www.idexbiometrics.com/wp-content/uploads/2018/10/IDEX-Biometrics-Biometric-Payments-Cards-Where-is-the-Market-Today-2018.pdf

Norwegian company Idex is collaborating with Mastercard to create fingerprint readable credit cards.
Mastercard today unveiled a technology advancement for its biometric cards. With biometrics representing the next generation in securing payments, Mastercard developed a way for people to easily and conveniently register their fingerprint onto the biometric card in the comfort of their hoe.
Mastercard is on a mission to eliminate the use of passwords and recognize people by “what they are” instead of “what they know” through biometrics like fingerprints, facial recognition and iris scans. Advances in technology are making biometric payment a reality, and through significant research and development, a revolutionary battery-powered sleeve will now let people self-enroll their contact or contactless biometric card. Their fingerprint is scanned by the sensor on the card and an encrypted digital template is created and securely stored

https://amcham.no/mastercard-pioneers-remote-biometric-card-enrollment-with-norwegian-tech/

The rise in payment card fraud has forced both the payment card industry and regulators to find new ways to incorporate the latest technology and processes in card payment systems that ensure security of both payment transactions and card holders’ data. Strong Customer Authentication (SCA) is one of the requirements laid out in the Revised Payment Services Directive (PSD2) for payment service providers in the European Economic Area. All payment service providers were required to implement this by September 14, 2019.
https://www.governmenteuropa.eu/biometric-card-payments/94800/
Reserven
08.11.2019 kl 20:07 1037

En tråd av, med, og for de aller dårligste Amatør Tradere  :)
Redigert 08.11.2019 kl 20:08 Du må logge inn for å svare

Thanks to the ease of tap-and-go payments, contactless cards have transformed the payment sector since they burst onto the scene back in 2007. The payment method has officially led the race against chip and PIN since July 2018, after it was reported that more than 52% of the UK’s monthly card transactions were conducted through a contactless card. This trend shows no sign of changing anytime soon.

However, while contactless is undeniably a far more convenient method, it does possess some real issues. Research from IDEX Biometrics ASA has revealed that more than three-in-five (63%) UK consumers are worried that their contactless payment cards could be used fraudulently.

While nearly half (48%) of consumers believe contactless cards have made their in-store shopping experience more convenient, nearly three-in-five (57%) are concerned that contactless transactions expose them to theft and fraud. Worryingly, more than half of consumers (54%) also fear that criminals could scan a contactless card in their pocket, making them a victim of theft without their knowledge.
https://www.ifsecglobal.com/security/keep-on-tapping-the-secrets-to-overcoming-contactless-fraud/

According to figures from Action Fraud, the UK’s national fraud reporting service, contactless card fraud is surging. A total of £1.8 million was stolen by fraudsters from contactless users in 2018. This compared with £711,000 in 2017.

Pickpockets are stealing cards to make as many £30 transactions as possible before the account is blocked, while more sophisticated scammers use “skimming” devices attached to cash machines to siphon off data.
Action Fraud, the national reporting centre for fraud and cybercrime, said that in 10 months last year there were 2,739 reports of contactless card fraud, totalling almost £1.8 million — up from 1,440 cases worth £711,000 in the same period in 2017.
They represented 51% of the reports of contactless fraud since 2013 to the service, which is run by City of London Police.
Contactless is overtaking chip and PIN as the most popular way of paying for goods and service because of its convenience. According to recent figures from payment processing firm Worldpay, more card payments were made using contactless technology than chip and PIN in the UK over the 12 months from June 2017 to June 2018.
https://www.paymentscardsandmobile.com/contactless-card-fraud-surges-in-2018/

Using your payment cards with the contactless feature is becoming one of the most popular and efficient ways to pay. Research estimates that consumers doubled the use of ‘tap and pay’ cards and phone apps in 2017 compared with 2016. The numbers soared above £52 billion according to the industry body UK finance, and research expects this to grow.

However, with an increase in their use hails an increase in the security threat. According to This is Money, fraudsters steal on average £27 every minute from contactless payment cards. There are growing fears that technology is becoming a magnet for thieves and that card companies are letting them get away with it. In this article, Cashfloat a small loans direct lender explore contactless cards and the dangers they pose for the consumer.
https://www.cashfloat.co.uk/blog/technology-innovation/contactless-card-fraud/

Data quietly released this week shows the instances of thefts relating to contactless cards doubled in just 10 months last year, according to Action Fraud, the national reporting centre for fraud and cybercrime.

Up from 1,440 cases worth £711,000 over the same period in 2017 to around 2,740 cases worth almost £1.8m in 2018, the average amount stolen last year was more than £650. One case investigated by police reported a £400,000 loss after a card was used multiple times.

The 2018 cases, recorded between April 2017 and January 2018, represent more than half of all the reports of contactless-related fraud investigated by the City of London Police alone, which runs Action Fraud, since 2013.

Data quietly released this week shows the instances of thefts relating to contactless cards doubled in just 10 months last year, according to Action Fraud, the national reporting centre for fraud and cybercrime.
https://www.independent.co.uk/money/spend-save/contactless-card-fraud-increase-money-security-bank-account-a8722361.html

Den eneste løsningen på contactless fraud er biometrisk contactless kort av den typen som IDEX har patent på...

Wether you love them or hate them, contactless credit and debit cards are all the rage at the moment. Ok, they can cause some serious anxiety the morning after a big 'tap-happy' night out on the sesh, but they do save us the hassle of punching in pins and waiting for connections when you're in a hurry.

However, what if we told you that your time-saving piece of plastic is actually putting you at high risk of fraud? Watch this video below to find out how:

https://www.ladbible.com/news/news-man-takes-to-facebook-to-warn-about-contactless-payment-fraudsters-20180726

Researchers have discovered that the £30 limit on Visa contactless cards can be bypassed, potentially enabling criminals to empty out victims' bank accounts without touching the card.

The team from Positive Technology tested the attack on cards provided by five major banks in the UK and successfully withdrew more than £30 each time, from accounts they had permission to target.

https://news.sky.com/story/hackers-can-bypass-30-limit-on-visa-contactless-cards-study-finds-11773243

An Aberdeen couple are warning others to be aware of the risks of contactless bank cards after TSB refused to refund £600 spent contactlessly on their credit card – even though they, and their cards, were over 1,400 miles away in Poland.

Frank and Mia Nowak* can’t understand how someone was apparently able to go on a shopping spree – making over 20 transactions – without being asked to input a pin. They were stunned by TSB’s refusal to refund them, despite proving they were in another country at the time.

https://www.theguardian.com/money/2018/aug/25/tsb-contactless-payments-card-fraud-safety-refund

The Strong Customer Authentication (SCA) law was introduced on September 14 and is intended to enhance the security of payments and limit fraudulent behaviour.

It means that one in every five contactless transactions in stores will be blocked and those using the card must then input the PIN to complete the purchase.

The change affects both debit and credit transactions and is believed to prevent fraudsters from making unauthorised purchases - as they would need to have not only the physical card but also know the PIN.

https://www.dailypost.co.uk/news/north-wales-news/one-five-contactless-payments-blocked-17037403

The growth of mobile payments, however, has underlined previous warnings from technology experts about “man in the middle” attacks, where flaws have been discovered in mobile apps that could have enabled criminals to steal sensitive customer data.
https://www.ft.com/content/7106e354-8846-11e9-a028-86cea8523dc2

Fantastiske linker.

Tenk deg å stå midt i stormen og ikke få solgt en dritt!

Blir som å stå på Karl Johan med en loaded potetvogn fra kl 24:00 til kl 04:00 hver natt til søndag og ikke selge mer enn 2-3 poteter. Dett til tross for at man har de billigste, beste og største økologiske potetene. Topping of your choice! Bacon, ost, reker, rømme - come and get it. I tillegg har man den beste reklamen. Det er helikoptre med megafon som snirkler over og utbasunerer salget, noen subsidierer sågår!

Du bruker 250 mill i året på å utvikle de beste receptene, du maler om vogna, skifter navn fra bakt potet til ekstra gode bakte poteter.

Ikke en jævel vil ha potetene!!

Why...????

Hengbao, one of the biggest card companies based in China, covering the banking, telecoms and security sectors, has announced a partnership with IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions. The two companies have partnered to introduce contact based biometric smart cards across the Asian market, with future plans to trial dual-interface cards. Hengbao supports cards for multiple payment network specifications, including Mastercard, China Union Pay, VISA, and JCB.
https://www.globalbankingandfinance.com/hengbao-and-idex-biometrics-partner-to-introduce-biometric-smart-cards-in-south-east-asia/
2209
09.11.2019 kl 10:32 581

Dager igjen Q3.💪💪💪

Mastercard and Edenred have launched the first biometric card trial in Sonora, Mexico. The pilot is focused on securing disbursements to recipients of Sonora’s state benefits programs and reducing the potential of card-present fraud by verifying the cardholder’s identity for in-store purchases with the card’s embedded fingerprint sensor which is supplied by IDEX Biometrics.

https://www.biometricupdate.com/201905/mastercard-piloting-first-biometric-card-trial-in-mexico-with-edenred

Orme kicked off the show floor interview with a brief discussion of IDEX’s Edenred pilot program in Mexico, a collaboration with Mastercard that marks the company’s entry into the financial inclusion space. Orme also went on to discuss a recent “landmark customer deal” established with “a leading financial services provider”, gesturing to the company’s ongoing activities outside of the payment cards space; and he went on to talk about IDEX’s growth, some major new appointments, and its plans for the near future.
https://findbiometrics.com/money2020-europe-idex-biometrics-interview-506034/
2209
10.11.2019 kl 13:59 294

Mye bra nå.

Neste ukas vinner.