Banking & finance security applications - News

More than one million electric vehicles are registered in the U.S.—and they all have to plug in somewhere. As EV charging stations pop up across the country, one of the chief questions will be how charging station users are identified, authenticated, and connected with membership or payment systems. Radio-frequency identification cards and tokens and smartphone authentication apps have emerged as two viable options for EV charging authentication. Which is best? It may depend on the user b...

  Credit unions and banks have long used cutting-edge technology as part of their physical security efforts. However, with crimes becoming more and more sophisticated, the technologies used to defend against them in the banking industry must follow suit.  The question is, how exactly can current financial institutions ramp up their bank security to rise to the challenge of combating the advanced strategies of bad actors? The answer can be summed up in one word: biometrics. Biome...

Trulioo, the identity verification company, announces the appointment of Reno Mathews as the company’s first Chief Compliance Officer. Mathews has 20 years of experience in building global compliance programs and remediation efforts related to regulatory enforcement actions in the banking, money service businesses, crypto, and broker-dealer industries. Mathews is a former executive at Google and most recently Meta (aka Facebook). “Reno’s global compliance expertise is perfectl...

Genetec Inc., a technology provider of unified security, public safety, operations, and business intelligence solutions, will unveil Streamvault Edge™ at ISC West (Genetec booth #13062).   The Edge is an innovative new line of connected appliances that enables the easy transition to a hybrid-cloud infrastructure and marks the beginning of a new edge platform strategy for Genetec. Easy transition to hybrid infrastructure Ideally suited for multi-site operations s...

Matrix, known for manufacturing telecom and security solutions suitable for the defence environment, is participating at DefExpo 2022. The event is an ideal platform for showcasing the latest solutions designed for the defence sector. The same, organised from 10th-13th March at Gandhinagar is expected to witness footfall from decision-makers. When it comes to working space handling top-secret conversations, Security becomes a major concern that needs to be addressed with utmost priority. With t...

Banks, payment service providers (PSPs), schemes, and other financial institutions can now benefit from a uniquely high level of sensitive data protection and application attack resistance, following the launch of White-Box Works, a next-generation EMVCo-evaluated White-Box code generator, from PACE Anti-Piracy, Inc. Unlike traditional solutions, White-Box Works gives the customer complete and independent control over their protected code, thereby ensuring their encryption keys and proprietary...

There are countless identity protection challenges, including how to protect private data, secure diverse payment methods, tackle large-scale identity theft and piracy, safeguard confidentiality for top-class service quality and ensure approved people can quickly enter secured areas. Advanced digital solutions In an ever more online world, advanced digital solutions that bring about trustworthy environments are sorely needed. This latest agreement builds on previous joint scientific research p...

The globally renowned Software as a Service (SaaS) company, Safeture AB, based in Lund, Sweden, has won, together with its partner, Falck Global Assistance, a public procurement for a four-year framework agreement, regarding travel risk management for the European Central Bank (ECB), located in Frankfurt, Germany. Four-year framework agreement The four-year framework agreement also opens up the opportunity to join other institutions, such as the Central Banks of the Eurosystem and other member...

Members of the British Security Industry Association’s (BSIA) Export Council and the Fire & Industry Association (FIA) are looking forward to a successful exhibition for UK exporters, as Intersec, the world’s premium trade platform for security & safety returns after a one-year absence in January. The BSIA stand and lounge are in Hall S3-B41 (Saeed 3) alongside combined Homeland & Policing and Physical & Perimeter security. Other UK exhibitors can be found in UK Pavi...

Yossi Cohen, former head of the Mossad and current director of Softbank's operations in Israel, spoke at a conference of security consultants of the AI Company Oosto held in Raanana, Israel. Cohen, "Why is Softbank in the world of machine vision and Vision AI at all? Governments and corporations around the world today face security threats everywhere - within the organisation's facilities, on the street, in the face of threats of damage and theft, and of course in the face of national secu...

Buyers of video technology are focusing increasingly on business protocol enforcement applications, in addition to traditional security, says IDIS America and virtual guarding and monitoring service partner Virtual Management Intelligence (VMI). The two companies are working together to deliver AI-supported remote surveillance services, including business operations monitoring, in sectors such as transportation, warehousing, cannabis production, food processing, banking, and finance. Improved...

Canadian-based video surveillance and business intelligence front-runner March Networks® announced the completion of its acquisition by Delta, a global pioneer in power and thermal management solutions. Through its subsidiary Delta International Holding Limited B.V., Delta acquired 100% of the shares in Infinova (Canada) Ltd., owner of March Networks, from Infinova International Ltd. About March Networks Headquartered in Ottawa, Ontario, Canada, March Networks is a global pioneer in enter...

The new Bosch Training and Experience Centre in Bentonville, Arkansas showcase immersive displays of the company’s latest offerings. Now open for private sessions, the centre offers demonstrations of how Bosch systems for video security, access control, intrusion and fire detection, and communications integrate seamlessly together to provide solutions that increase security and safety, facilitate more efficient monitoring and control, automate audio announcements, and provide data for bus...

PSA, the consortium of professional systems integrators, announces the addition of viisights to its approved technology partners. viisights adds behavioural recognition systems for real-time video intelligence to the PSA offerings. “PSA is excited to be able to offer such an in-depth and advanced AI service to our integrators,” said Chris Salazar-Mangrum, PSA’s vice president of technology partners. Video surveillance systems “viisights is providing a technology that t...

Scenario: One needs to install a camera in the lobby of a building to capture the entrance area. Problem: The area has a lot of windows which overexposes the image, making it difficult to capture the people coming in and out of the premises. Solution: A security camera with a good Wide Dynamic Range (WDR). What WDR does? Dynamic range refers to the ratio between the largest and smallest measurable quantities of something. In the case of video surveillance, the dynamic range measures the rati...

A time attendance system can help to keep a close eye on an employee’s working hours, prevent time theft by accurately tracking and recording employees’ time and attendance. A biometric time attendance system allows employees to clock in quickly and easier compare to the standard system and eliminate “buddy punching” in advance to the traditional time card system. A complete biometric time attendance system includes both hardware and software. Include the electronic div...

Identiv, Inc, a pioneer in digital identification and security, will showcase its recently expanded visual intelligence and operating expense (OPEX)-focused solutions at ISC West 2021, including its innovative video management system (VMS) and access-control-as-a-service (ACaaS) offerings. Attendees will be able to view Identiv’s complete product portfolio, including physical access control and cybersecurity, video and data analytics, door readers, and radio-frequency identification (RFID...

Active Witness Corp., a provider of artificially intelligent, cloud-based visitor management solutions introduces its SIMA multi-factor access control system that stops unauthorised access and redefines how access control is deployed. Conventional facial recognition systems require a person to present his/her face, then search a database and present the closest match and identity. That process is slow and can lead to incorrect identity authorisation and privacy concerns. Quick identity identif...

Novaira Insights – a new video surveillance market research provider releases its first report, ‘The World Market for Video Surveillance Hardware and Software – 2021 edition’. It is sometimes said that the video surveillance market is recession-proof. That when economic conditions deteriorate, there continues to be spending on security hardware and software. However, market conditions in 2020 were unprecedented. Restrictions in response to the COVID-19 pandemic meant tha...

3xLOGIC, Inc., a globally renowned provider of integrated, intelligent security solutions, is introducing its Gunshot Detection solution, which features a reliable dry contact that allows it to be easily integrated into existing security systems. Gunshot Detection solution Rather than utilising microphones, infrared sensors, or complex analytics, the self-contained device relies on affordably simple concussive force recognition sensors to detect gunshots. When a gun is fired, the bullet create...

Cloud Gateway, a cloud-native networking and security solutions provider, has appointed tech industry veteran Raif Mehmet as the Chief Revenue Officer (CRO), in order to fuel the company's growth in the Secure Access Service Edge (SASE) market. Raif Mehmet has extensive experience in bringing disruptive technologies to market within networking and security. His experience in sales leadership and partner channels has achieved multi-million pounds growth, in both privately held and publicly quote...

The smartphone is changing access control and security management at every scale and level, from global corporations to small companies. Making the switch to mobile access control, however, can seem daunting. Questions may arise around cost, practicality and the potential need for new door hardware. Yet going mobile is actually a lot simpler and quicker than many think, as one new guide explains. Data from the recent Wireless Access Control Report 2021 suggests almost two-thirds of organisation...

Ping Identity, the intelligent identity solution for the enterprise, showcases a continued commitment to open standards through the achievement of the Financial-grade API Client Initiated Back-Channel Authentication (FAPI-CIBA) certification. This certification enables enterprises to improve the consumer experience during authentication and authorisation for financial transactions. FAPI-CIBA is a security and interoperability standard from the OpenID Foundation for financial, insurance, healthc...

Korea’s renowned video technology solutions provider, IDIS is stepping up its presence in key growth markets in the Middle East, North Africa (MENA) and Turkey regions, with the confirmation of two senior appointments. Overseeing the new video projects and growing market potential in the country of Turkey, Koray Ozyildirim has been appointed as Country Manager. Koray is working closely with IDIS’s established supply network and will also develop relationships with major Turkish secu...

Tassat, a provider of financial technologies and products for digital payments, announces it has appointed Barbara Kissner as its Chief Information Security Officer (CISO) to oversee the company’s infrastructure, technology and data security. As Tassat undergoes rapid growth, Ms. Kissner will be responsible for devising the company’s overall information security strategy, maintaining oversight for all security processes and ensuring robust due diligence practices. Managing security...

Banks and other financial institutions regularly face a gamut of threats: fraud, complying with ever-changing regulatory requirements and cyber crime to name a few — all while being expected to adopt innovative technology that addresses customer experience demands. To that end, on May 6 at 2:00-3:00 EST industry experts from Verint, STS Group, Hancock Whitney Bank and TCF Bank will offer an inside look at how Verint Op-Centre’s newest features and key benefits allow banks to efficie...

Corps KeySafe, the latest innovation from Corps Monitoring, combines the sophistication of a Sentrikey safe with the convenience of a nationwide network of accredited service partners to ensure quick site access, all managed by Corps’ state-of-the-art remote monitoring centre in Glasgow. Corps Key Safe provides organisations with a C1-rated key safe, the highest-level security rating internationally which is used by numerous high street banks to secure their branches. Access to the key sa...

Humley, a UK-based innovative provider of Conversational AI Assistants for enterprise has announced its induction to Blue Prism’s Technology Alliance Program (TAP). The TAP program embodies Blue Prism’s commitment to its customers and organisations through providing innovative partner solutions which enable true digital transformation. The program includes several of the world’s leading technology vendors; creating a true enterprise-scale automation architecture with world-cla...

Fime has extended its portfolio of biometric consultancy and testing services to its Taiwan laboratory. Now accredited by the FIDO Alliance Biometric Component Certification Program, Fime is supporting APAC device manufacturers, and biometric component and software providers, with local services. The accreditation allows local stakeholders to confirm the performance and security of their fingerprint and facial biometric solutions as they seek to replace passwords. Dr. Rae Rivera, Certification...

National systems integrator, IES Communications, LLC, a subsidiary of IES Holdings, Inc., has added the Alcatraz Rock autonomous access control solution to its security technology portfolio. IES Communications has selected the Alcatraz Rock to leverage the latest in biometrics – facial authentication – which is more secure and more hygienic, as it reduces touchpoints. “IES is always striving to bring safe new ways to utilize cutting-edge security solutions to its customers. W...