[stock-market-ticker symbols="FB;BABA;AMZN;AXP;AAPL;DBD;EEFT;GTO.AS;ING.PA;MA;MGI;NPSNY;NCR;PYPL;005930.KS;SQ;HO.PA;V;WDI.DE;WU;WP" width="100%" palette="financial-light"]

JCB to test ‘world’s most accurate’ biometric authentication system with a false acceptance rate of only one in one billion transactions

5 ianuarie 2018

Japanese card brand JCB Co. Ltd., announced that will be running a trial of multipurpose server-based visible light palm authentication in February at JCB headquarters in Tokyo, Japan, in collaboration with Universal Robot Co., Ltd. (UR), and the National Institute of Advanced Industrial Science and Technology.

Japanese card brand JCB is running trials of a combined biometric palm print and vein identification system which claims a false acceptance rate of only one in one billion transactions.

The tests, run in conjunction with Universal Robot Co. (UR), and the National Institute of Advanced Industrial Science and Technology, will put UR’s server-based ‘light palm authentication’ technique through its paces.In contrast to the palm vein technology using near-infrared light currently in general use, Universal Robot has made it possible to capture vein patterns with visible light for authentication purposes. This means that authentication can be done with just a smartphone camera.

The company claims its technology has the world’s highest level of accuracy, with only a 0.0003% possibility of misidentification.The trial at JCB headquarters in Tokyo will focus on capturing customer palm print and vein patterns with a smartphone camera, storing the patterns on a server, performing authentication, and returning the results to the smartphone.

JCB says it will be studying how to utilise the technology for a wide variety of services while only requiring the customer to register their palm information in the authentication server once using their own smartphone.Universal Robot has patented the technology in Japan, the USA, and other countries.

Source: JCB

Noutăți
Cifra/Declaratia zilei

Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?