TruNarrative has deployed Jumio AI-powered identity verification technology to enhance its single financial crime detection platform, enabling TruNarrative clients and…
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.
New U.S. House Committee task forces on fintech and AI to investigate identification tech
The U.S. House Committee on Financial Services is creating a pair of task forces, one to investigate financial technology and…
Three-quarters of APAC consumers more confident in banks with biometric online security
Banks that use physical or behavioral biometrics to secure digital channels inspire higher confidence in three-quarters of consumers in the…
Mastercard piloting first biometric card trial in Mexico with Edenred
Mastercard and Edenred have launched the first biometric card trial in Sonora, Mexico. The pilot is focused on securing disbursements…
Onfido customer Nivo raises £2M to deliver secure messaging service for sensitive transactions
Secure instant messaging platform Nivo, which was spun-out of Barclays and leverages identification verification checks from Onfido, has raised £2…
UK challenger bank Monzo extends biometric identity verification partnership with Jumio
Challenger bank Monzo and Jumio have extended their partnership with a new multi-year agreement that will see Jumio continue to…
Payment gateway channel SADAD joins Eazy Financial Services biometric payment network
Bahraini fintech company Eazy Financial Services has signed a strategic partnership agreement with payment gateway channel SADAD that will enable…
OneSpan tech deployed to protect UBB mobile banking app, meet PSD2 requirements
United Bulgarian Bank (UBB) has deployed OneSpan Mobile Security Suite and Cronto technology to securely sign transactions and to protect…
SecureKey launches federated digital ID product for Canadian bank customers
Federated identity and authentication company SecureKey Technologies has launched its digital identity network, Verified.Me, to provide customers of Canadian financial…
FacePhi confirms record net revenue for fiscal 2018 on international financial sector wins
FacePhi has closed its 2018 fiscal year with a turnover increase from 2017 of 66 percent for its facial recognition…
