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.

Card Tech and Fingerprint Cards have entered into a technical cooperation agreement to bring a dual interface biometric smartcard to…

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Finda receives grant from Singapore’s central bank for facial recognition KYC service

Fintech company Finda System has announced it has received a grant from Singapore’s central bank to implement its proprietary facial…

 

Mitek extends global reach with A2iA acquisition

Mitek Systems has acquired artificial intelligence and image analysis company A2iA for €42.5 million (US$49.8 million) in cash and shares…

 

MoneyOnMobile launches biometric ATM solution leveraging Aadhaar

Indian mobile payment network MoneyOnMobile has announced the launch of a biometric ATM cash-out solution, with 3,000 units activated in…

 

Enacomm signs new reseller agreement with FoneLogix

Enacomm announced a new reseller agreement with FoneLogix, an Atlanta-based provider of cloud-hosted VOIP phone systems, solutions and support. Through…

 

OCBC works with Touche to offer fingerprint-based credit card payments

Singapore-based start-up Touché has signed an agreement with the OCBC Bank to offer its biometrics-based payment device and services to…

 

Social grants now delivered with biometric identity verification in South Africa

Magix Africa, DataProof and Fides Cloud Technologies are performing biometric identity verification and data management for the South African Post…

 

Bangladesh banks look at biometric verification options for illiterate clients

Bangladesh Bank this week said that scheduled banks should deploy biometric verification options – including fingerprint, iris and facial recognition…

 

Software Group selects Applied Recognition’s Ver-ID technology

Software Group has selected Applied Recognition’s Ver-ID technology to add face recognition capabilities for customers interested in using biometrics to…

 

Humaniq announces authentication partnership and expansion into new African markets

Humaniq has announced a partnership with authentication firm Prover to add forgery detection for video materials to its fintech platform,…

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