RegardingID Archive | Companies want consumers to trust the Internet

Wednesday, May 13, 2009

Gemalto, Microsoft, Nokia and Philips announced a new initiative that aims to address some of the issues of trust in new and emerging digital services, they announced at the Future of the Internet conference in Prague. The initiative aims to bring European public and private stakeholders together to advance “Trust in Digital Life” through the development of a common vision.

Consumers are concerned about identity theft and bank card fraud, according to a Unisys Security Index survey. The project’s goal is to get consumer to overcome the concerns and trust the Internet. Trust in Digital Life involves users, markets, legal and societal aspects, and technology that will accelerate research and development of trustworthy technologies and products.

For more information and membership applications, please consult the Trust in Digital Life Web site http://www.trustindigitallife.eu.

TeleSign and Intel partner for authentication products

Internet fraud prevention and authentication provider TeleSign has teamed up with Intel Corp. for a secure two-factor authentication product targeted to consumers and enterprises.

The collaboration pairs Intel Identity Protection Technology (Intel IPT) with TeleSign Two-Factor Authentication so that it can be offered beyond Intel Ultrabook devices and the third generation of Intel Core vPro-powered laptops.

Report: Millenials will drive new payment technologies

New research from American Express shows that more than half (52%) of U.S. consumers aged 18-24 are likely to try new technology-enabled payment tools – e.g. NFC-enabled mobile payments – compared with 23% of 55-65 year olds.

Visa's V.me mobile wallet to launch fall 2012

Visa Europe has confirmed that its new digital wallet service, V.me, will launch to an initial group of consumers in the UK, Spain and France in fall 2012.

Report: UK consumers still wary of NFC payments

Six out of 10 consumers in the UK would avoid using NFC to make mobile payments, according to new research from VoucherCodes.co.uk.

Out of 2,000 adults surveyed by VoucherCodes, 60% said they would avoid using NFC to pay for goods even if they had the capability to do so. Of these, 36% cited security as their main reason for avoidance.

Agreement to foster expansion of employee digital identities

In an effort to promote efficiencies and reduce paperwork costs, three leading identity trust hubs and a certification authority have signed an agreement to promote the use of digital identities and public key infrastructure (PKI) for employees in both the private and public sectors.

Report: Experts predict smart phones will take over credit cards by 2020

New research from the Pew Research Center’s Internet & American Life Project shows that nearly two-thirds of tech experts believe that smart phones will overtake credit cards as the dominant form of payment by 2020.

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Companies want consumers to trust the Internet