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ET Financial Inclusion Summit: United, we can fight the cyber enemy

ET Financial Inclusion Summit: United, we can fight the cyber enemy SECTIONS Last Updated: Jul 19, 2021, 09:03 AM IST Share Synopsis “While the digital segment has grown multifold it’s become easier for fraudsters to take advantage of lack of less tech-savvy consumers; for us it’s a fine balance between creating a great user experience versus compliance and authentication,” said Madhivanan Balakrishnan, COO, IDFC FIRST Bank. Getty Images Senior leaders engaged in the cyber security space also felt that it was tough to stay ahead of fraudsters as frauds have become more sophisticated. With a rise in cyber frauds over the past year and a half, collaboration is the way forward to stay a step ahead of fraudsters, top banks and payment operators said at the ET Financial Inclusion Summit.

Rohit mahajanKarthik ramanathanAsia pacificVishwas patelMadhivanan balakrishnanPayments council of indiaInfibeam avenuesPayments councilரோஹித் மகாஜன்கார்த்திக் ரமநாதன்ஆசியா பெஸிஃபிக்விஸ்வாஸ் படேல்கொடுப்பனவுகள் சபை ஆஃப் இந்தியாகொடுப்பனவுகள் சபை

Mom donates kidney to infant son with rare defect

Mom donates kidney to infant son with rare defect WCCO MINNEAPOLIS (WCCO) “Special” probably isn’t a strong enough word to describe this Mother’s Day holiday for one Plymouth family. Autumn Wiste donated one of her kidneys Friday to her youngest son, Lucas. She was released from the hospital Sunday and got to visit him. “I think it was almost perfect,” Autumn said. The 13-month-old boy was born with renal failure due to a rare birth defect. “Basically for the first year of his whole life, we were on dialysis for 12 hours a day,” Lucas’s father, Josh, said.

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Samsung and Mastercard join to make card payments more secure with fingerprint sensor

Samsung and Mastercard are joining hands to make card payments more secure. The two companies are collaborating to incorporate a fingerprint sensor into Samsung Cards. They aim to reduce contact points at in-store payment terminals. It is similar to Mastercard’s Biometric Payment Card that was showcased a few years ago. However, these new cards will have a more secure chipset from Samsung’s System LSI business. They can be used at any Mastercard chip or POS terminal. According to the press release, Samsung said that the biometric cards will “integrate several key discrete chips, streamlining the overall component design and enabling more efficient development.” Mastercard showcased a similar tech in September 2017 it its Mastercard Innovation Forum in India. These cards will adopt a new security chipset from Samsung’s System LSI Business, which integrates several key discrete chips. It streamlines the overall component design and enabling more efficient development.

South koreaHarry choKarthik ramanathanAsia pacificMastercard innovation forumSamsung electronicsCyber intelligence solutionsBiometric payment cardSamsung cardSenior vice presidentIntelligence solutionsKhannai veNews editorதெற்கு கொரியாஹாரி சோகார்த்திக் ரமநாதன்

Cartes bancaires : Samsung et Mastercard préparent une petite révolution

Cartes bancaires : Samsung et Mastercard préparent une petite révolution
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Samsung and Mastercard plan fingerprint biometric card | Planet Biometrics News

04 March 2021 17:43 GMT Samsung Electronics’ System LSI Business, Mastercard, Samsung Card, have signed a memorandum of understanding to develop a biometric card that features a built-in fingerprint scanner to authorize transactions securely at in-store payment terminals. Through this strategic collaboration, the companies aim to provide faster and more secure payment experiences. The biometric authentication capability allows safer interactions with reduced physical contact points by eliminating the need to enter a PIN on a keypad. It also adds an extra layer of security to currently available credit cards by verifying the cardholder’s identity via a unique fingerprint. The biometric cards will adopt a new security chipset from Samsung’s System LSI Business that integrates several key discrete chips, streamlining the overall component design and enabling more efficient development. These cards can be used at any Mastercard chip terminal or point of sale (POS) terminal.

South koreaHarry choKarthik ramanathanAsia pacificHanjoo yoonSamsung electronicsCyber intelligence solutionsSamsung electronic systemSamsung cardSenior vice presidentIntelligence solutionsVice presidentBiometric news and informationதெற்கு கொரியாஹாரி சோகார்த்திக் ரமநாதன்