Money2020

November 2-6, 2014 Aria, Las Vegas Money2020 is the leading global event for innovations in money. 2014’s Money2020 will be held on Nov. 2-6, 2014 and we expect more than 6,500 attendees, including 500+ CEOs, from 2,000+ companies and 50+ countries. Every aspect of how individuals and businesses manage, spend and borrow money is undergoing a fundamental and transformational shift. At the heart of this change is the evolution of payments and financial services based on disruptive innovations in commerce

Fujitsu Launches European ATMs with Biometrics and NFC

IT equipment and services provider Fujitsu announced on Thursday that it has launched a series of ATM`s for the European market that support its biometric verification technology. The new Series 100 ATMs support Fujitsu’s PalmSecure biometric verification technology along with contactless and NFC transactions. The new family of ATMs significantly improves end-user interaction and communication, features a wide range of innovative security measures, and is highly customizable to reflect each bank’s corporate branding using a ‘clip on cover’ system. As

Vietnam Eximbank deploys fingerprint authentication for POS, ATM transactions

TSYS has announced that its client in Vietnam, the Vietnam Export Import Commercial Joint Stock Bank – Vietnam Eximbank – has begun to deploy fingerprint authentication for its over-the-counter or ATM transactions. According to the company, Vietnam Eximbank is one of the first banks in Vietnam to apply fingerprint authentication, and the banks is looking to make these types of transactions common across Vietnam by working with other banks in the country. Currently, Vietnam Eximbank uses TSYS’ PRIME single-platform payment processing solution

PayExpo 2014

PayExpo 2014 June 11-12, 2014 ExCeL, London PayExpo is an essential event for anyone involved in making payments faster, easier and more secure. It comprises: – Four hugely successful conferences – A large scale exhibition – Dragons’ Den style pitches of new products – The Payments Power 10 celebrating the top contributors to the payments industry – Plenty of networking opportunities with over 2,000 attendees PayExpo has something for everyone, from thought leading debate on future trends and emerging technologies

Market for biometric banking and financial services to exceed $8B by 2020: report

Global Industry Analysts has announced the release of a new report on biometrics for banking and financial services markets, finding that the total market is set to exceed US$8 billion by 2020. According to GIA, the market leading up to 2020 will be driven by an increased emphasis on protecting financial transactions from fraud and security breaches. Findings from the report, Biometrics for Banking and Financial Services, include that Asia-Pacific represents the largest as well as the fastest growing market with a

Bionym bolsters biometric bracelet with bitcoin wallet

Bionym’s wearable biometric authentication device – The Nymi — will launch with a Bitcoin wallet as one of its initial applications, the company announced Tuesday. As an emerging digital currency, Bitcoin functions on a peer-to-peer network of computing nodes. To participate in Bitcoin, a user must have a Bitcoin wallet, which contains a public and a private key. The public key allows anyone to deposit funds into the account. The private key allows the account owner to send funds out to

Smart Payment Association to lay out benefits of biometrics at CARTES

The time is now for biometrics in financial services. That’s the message that Lorenzo Gaston, the technical director of the Smart Payment Association will bring to Cartes when he takes the stage this Thursday, November 21, 2013. According to the association, Gaston will review how today’s proven biometric technologies deliver the security, privacy and performance the financial services industry needs, as well as setting out the SPA position on how biometric Match-on-Card authentication delivers advantages in terms of security and data privacy.

Redsis, Fulcrum Biometrics deploy biometric banking system in South America

Redsis Corporation has announced a series of its biometric software to the banking industry in South America along with Fulcrum Biometrics. Redsis, a U.S.-based company is a partner of Fulcrum Biometrics and supplies biometric software and fingerprint devices from Futronic Technology. Fulcrum is Futronic’s North and Central American Distributor. Specifically, the solution deployed in South America uses Futronic FS88 fingerprint scanners, which are certified to meet FBI IAFIS standards for interoperability. “Redsis is a great example of how our consultancy philosophy

BNZ uses facial recognition to let customers know how they feel about their finances

The Bank of New Zealand is using face and emotion recognition to let customers know what scares them about their own financial standing. Called EmotionScan, the system was co-created by BNZ, nViso and Stuart Carr, a professor of psychology at Massey University. Reported by The Financial Brand, EmotionScan works by analyzing users’ faces as they listen to a series of scenarios related to eight different financial “areas of interest,” which include cash flow, budgeting, mortgages, retirement, financial security, financial control, debt, dependents,

Argentinian bank wins award for disbursement project with Lumidigm sensors

Lumidigm has announced that Banco Supervielle, a major Argentinian bank, has won an innovation award for a biometric identification project, which leverages Lumidigm multispectral readers. The bank’s project is aimed at pensioners receiving monthly stipends. Pensioners scan their fingerprint to verify identity, and then are given the stipend. Specifically, the bank was given a FELABAN Financial Innovation Award at the FELABAN CLAB 2013 Congress in Miami earlier this month. Lumidigm’s multispectral sensors are now being installed in 77 bank branches throughout the country