26 August 2015
“First Tech Federal Credit Union, an $8.1 billion California FI, has announced a pilot program with MasterCard that will test the potential of biometrics for transaction authentication and verification.
CU employees in the “Selfie Pay” pilot will test facial recognition and fingerprint identification via smartphone in a closed environment using artificial funds. The technology is meant to increase ease, convenience and security for consumers using credit and debit cards for online purchases.
More than 200 First Tech employees will participate in the pilot through September and October. Participants will use smartphone apps to make virtual donations to Children’s Miracle Network Hospitals, authenticated by facial recognition or fingerprint biometrics.”
24 August 2015
This week’s new items!
All are completed and ready to ship.
Last updated 8/25/15.
21 August 2015
“The rollout of EMV, or chip-and-PIN technology, is coming soon for ATMs, and considering the rise in fraudulent activity involving cash machines, it may be just in time. But is it a silver bullet? The ATM Industry Association says it’s complicated.
Forthcoming changes to banking technology—particularly the rise of cards with baked-in computer chips—could have some important benefits for the ATM industry.”
20 August 2015
“At a time when the nation is remembering the passing of its oldest veteran, Emily Didlake, and the 70th anniversary of the end of World War II, a local senior living community is remembering veterans and it’s going nationwide.
Portraits taken by Thomas Sanders show veterans stories, and in some cases their battle scars.”
18 August 2015
“ATM manufacturer Diebold has spoken out to CU Times after fraud experts reportedly discovered a skimming device on one of its ATMs that may be able to hack EMV cards.
The device, called a “shimmer,” is apparently inserted into the mouth of the ATM’s card acceptance slot and sits between the card’s chip and the ATM’s chip reader. Fraud experts in Mexico discovered one on a Diebold Opteva 520 with a chip reader, according to the report, which was published last week on KrebsonSecurity.com.”