EyeVerify raises capital, announces availability for banking, financial services sector

EyeVerify has announced the availability of its solution for the banking and financial services sector, which it says allows firms to secure their employees’ access to corporate systems and can allow enterprise customers the ability to make large transactions. “We are impressed by the desire of firms in the banking and financial services industry to replace complex, vulnerable pin and password schemes with a safe, simple, secure alternative,” Toby Rush, CEO and founder of EyeVerify said. “Since the recent releases

Opus Research announces financial services roundtable at Voice Biometrics Conference

Opus Research, presenters of the Voice Biometrics Conference, set to take place May 8-9 in San Francisco has announced it will convene an expert roundtable to discuss practical experiences in fraud prevention and customer authentication from the financial services perspective. In particular, panelists include Ken Palla, Vice President of Union Bank; David Pollino, Fraud Prevention Officer from Bank of the West; and Advait Deshpande, Sr. Manager of Client Services at Vanguard Securities. The conference set to take place in less than

SharperLending partners with CIC for biometric signature capture and verification

SharperLending LLC has updated its settlement services platform and has partnered with Communication Intelligence Corporation to enable the secure acceptance of a borrower’s authorization signature electronically for tax form 4506-T. Form 4506-T is the form required by the IRS that authorizes the ordering of Tax Return Verification documents for the purposes of verifying a borrower’s income from a mortgage loan. Form 4506-T also includes the ordering information the lender is requesting: the form names and the years that the mortgage

Biometrics Institute announces seminar on combatting fraud in financial services

The Biometrics Institute has announced a seminar on combatting fraud in financial services, set to take place June 26, 2013. The seminar, hosted by Unisys will be held on the day prior to the Technology Showcase Europe 2013 event, which will be held at the Royal Bank of Scotland in London. According to the company, this seminar represents a unique opportunity to engage in a discussion around the various roles biometrics could, or even should play in financial services. During

Matt Smallman to keynote Voice Biometrics Conference, May 8-9, in San Francisco

Opus Research has announced that Matt Smallman of Barclay’s Wealth and Investment Management will present this year’s keynote case study at the Voice Biometrics conference at the Fairmont Hotel in San Francisco, May 8-9, 2013. Smallman leads the Client Experience Strategy and Change team for Wealth and Investment Management at Barclays. In 2012, Smallman was part of the team that implemented the world’s first application of non-text dependant voice biometrics as the primary means of authentication in service centers. The

Voter registration centers in Delhi to add Aadhaar enrollment

The Revenue department of the Congress-led Delhi government has asked the State Election Commission introduce Aadhaar enrollments at Voters’ Registration Centers across the city. Reported in The Indian Express, including VRCs, Delhi has 200 venues where people can enrol for Aadhaar cards. Currently, only the Revenue department has linked their services to Aadhaar accounts, though it’s anticipated that more departments and government agencies will also begin to require enrolment. “More and more services will eventually be linked to Aadhaar,” Principle

Aadhaar enrolment reaches 282.66 million

Aadhaar enrolment has now reached 286.66 million, representing a significant jump, owed widely to the launch of the Unique Identity Authority of India’s (UIDAI) direct transfer scheme launched at the beginning of this year. This increase is good news to stakeholders in the Aadhaar program, as in May 2012, enrollment stood at only 4.76 million whereas enrolment for this month already sits at 9.01 million and enrolment in January stood at 24.79 million. Reported in Business Standard, UIDAI officials suggest

Greater Egg Harbor High School District to install biometric payment system for students

The Greater Egg Harbor Regional High School District in New Jersey is set to install a biometric fingerprint payment system for students to purchase lunch. The system, called Meal Pay Plus, will be installed by Horizon and will be paid for by the district’s food service program. “It eliminates the use of cash in the building, making it less of a liability,” Greater Egg Harbor Regional School District Board of Education Secretary and School Business Administrator Charles Muller told the

Aadhaar scholarship program struggles to enrol students

Linking students’ scholarship accounts Aadhaar numbers has proven to be a more difficult task than originally suggested, as progress has slowed to an extent which will see only 25 percent of eligible students covered when the Direct Cash Transfer Scheme is rolled out this year, and activists aren’t happy about the news. “We have to run from pillar to post to get enrolled for Aadhaar,” an unnamed student told expressindia. “No dedicated center for Aadhaar number is available near our

Egyptian government approves smart card system for fuel subsidies

The Egyptian government has recently approved a new smart card system for subsidized fuels, originally proposed by the ministries of finance and petroleum. The program, designed to ensure that those in most need of these subsidizes are indeed those who receive it, would charge the ministries of petroleum and mineral resources with implementing and overseeing the new smart card program for the National Bank of Egypt and Ahly banks. In this process, contracts were awarded to both government banks without