Financial Services

Financial service biometrics refers to biometric systems used to aid in the flow of money. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as mobile wallet applications and cash transfer systems.

By 2023, nearly 579 million biometric payment cards will be used globally to enable frictionless customer authentication for higher-value contactless…

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SEED Group partnership helps Touché expand its reach in the Middle East

Touché has signed a cooperation agreement with Dubai-based SEED Group to expand the reach of its fingerprint biometric payment and…

 

Survey shows half of U.S. customers would use biometrics at bank branch

Nearly half of U.S. bank customers would feel secure using biometrics for authentication at a bank branch, in one of…

 

Acuant to provide document and biometric verification for onboarding provider Veridate

Financial services onboarding provider Veridate Financial has selected biometric and document verification technology from Acuant to integrate with its end-to-end…

 

Visa piloting payment innovations to enhance the Olympic experience

At a recent media event in Beijing, Visa shared its plans for three Olympic Games-inspired payment moments conceived and designed…

 

Ipsidy partners with Datapro to provide selfie biometrics to Panama bank

Unibank Panama and Datapro, which provides software to the financial institution, have selected Verified by Ipsidy to provide mobile biometric…

 

European banks wrestle with using biometrics to meet multi-factor requirements of PSD2

As the date for implementing the final stage of Europe’s Payment Services Directive 2 (PSD2) approaches, banks in the EU…

 

FacePhi to launch multi-biometric onboarding and authentication system for banks

FacePhi will unveil a banking authentication product which combines facial, optical, fingerprint, signature, and voice recognition to provide what the…

 

Turkish bank deploys Daon’s IdentityX platform for biometric authentication

Daon announced that Akbank has deployed Daon’s IdentityX facial recognition technology for mobile banking authentication. Akbank is the first bank…

 

Touché forms partnership to offer biometric cryptocurrency payments

Singapore-based biometrics company Touché has partnered with online digital identity service EDDITS to enable fingerprint authentication for cryptocurrency payments, e27…

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