Hacker copies 'unforgeable' ID card

In a demonstration by the Daily Mail, expert hacker Adam Laurie managed to copy one of 51 000 ID cards issued by the UK Home Office to foreign nationals currently working or studying in Britain.

Embedded inside the card for foreigners is a microchip with the details of its bearer held in electronic form: name, date of birth, physical characteristics, fingerprints and so on, together with other information such as immigration status and whether the holder is entitled to state benefits.

This chip is the vital security measure that, so the government believes, will make identity cards 'unforgeable'. But Laurie picks up a mobile phone and, using just the handset and a laptop computer, electronically copies the ID card microchip and all its information in a matter of minutes.

Bancolombia, the largest universal bank in Colombia, has selected software exporter Infosys Technologies' banking solution, Finacle, to modernise its technology platform, states The Economic Times.

The Finacle solutions would be implemented in the bank's Columbian branches and its international subsidiaries.

"We chose Finacle for its global leadership in new generation banking technology solutions backed by Infosys, a strong partner with excellent delivery track record," Bancolombia VP of IT Olga Botero Pelaez said.

US financial services technology company Q2 Software has entered an agreement with financial services provider Amplify Federal Credit Union to provide the latter with its single platform for online, voice and mobile banking, reports The Paypers.

Q2's online banking application integrates both voice and mobile banking technologies.

Among the features it provides are multi-factor authentication, online enrolment, online account opening, mobile alerts and mobile payments authorisation, cheque imaging, electronic statements, bill payment and presentment as well as personal financial management and account aggregation.