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.

 

SPS develops anti-skimming feature for dual interface payment cards

Smart Packaging Solutions (SPS) has introduced a technology to prevent data skimming from dual interface payment cards and reassure hesitant…

 

VIX Verify develops biometric mobile ID app for ASB Bank

Following a pilot program in Auckland and Christchurch, New Zealand bank ASB has rolled out its new biometrics-based mobile ID…

 

Biometrics-secured voice banking with Amazon Alexa now available from two Canadian credit unions

A pair of Canadian credit unions have launched banking services over Amazon Alexa using voice authentication to general availability, Co-op…

 

Papersoft and Integrated Biometrics selected to address financial inclusion in Nigeria

The Nigerian Interbank Settlement System (NIBSS) has selected Papersoft and Integrated Biometrics as technology partners under the country’s Financial Inclusion…

 

Mint develops biometric customer onboarding for UAE integrated with national database

United Arab Emirates (UAE)-based Mint Middle East has announced the development of a digital on-boarding solution integrated with the Emirates…

 

AI identity verification efficiency could make European digital lenders more competitive

Identity verification powered by artificial intelligence could reduce the costs of Know Your Customer and Anti-money Laundering processes by 70…

 

Zwipe partners with Allcard to launch biometric payment cards in the Philippines

Zwipe has partnered with Philippines-based payment card manufacturer Allcard Inc. to launch battery-less dual-interface biometric payment cards with customers in…

 

Tappy exhibits wearable biometrics-enabled payment device at Money20/20 China

This week at Money20/20 in China wearable payment technology pioneer Tappy Technologies exhibited a wearable payment solution developed in collaboration…

 

“Smile-to-Pay” facial recognition system now at 300 locations in China

Yum China has announced that it has extended its “Smile-to-Pay” facial recognition payment system to more than 300 KFC locations…

 

Majority of payments to Alibaba for world’s biggest online shopping day verified with biometrics

November 11 is known as “Singles Day” in China, and is the biggest day of the year for retailers in…

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