Sumitomo Mitsui to develop multi-factor biometrics identification solutions

Sumitomo Mitsui Financial Group will develop multi-factor biometric identification solution to enable customers to make secure online payments for the company’s new fintech venture, according to a report by Nikkei Asian Review. The move comes a few months after Sumitomo Mitsui Financial Group Inc. (SMFG) first announced it was partnering with a major Japanese IT firm and an Irish company to form a new biometric authentication services company. The bank will own a majority stake in the new 20-person fintech

NTT Data wins multi-year contract with DHS’ Office of Biometric Identity Management

NTT Data has been awarded a multi-year, $8 million contract to provide the U.S. Department of Homeland Security, Office of Biometric Identity Management (OBIM) with independent system level testing support and quality assurance services. OBIM provides advanced biometric identification, information sharing and analysis to authorized frontline decision makers so they are able to accurately identify the people they encounter and assess whether they pose a risk to the United States. NTT Data will provide verification and validation for information technology