Financial Services

Biometrics are used in financial services to aid in the flow of money from account opening through payments and transfers. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as onboarding and regulatory checks, and mobile wallet applications.

A study carried out by Visa Consumer Payment Attitudes has revealed that more Filipinos have been embracing new payment methods…

Continue Reading

 

Isorg to demonstrate four-finger biometrics for smartphone payments at MWC 2021

Isorg will demonstrate biometric authentication with its large-area ‘Fingerprint-on-Display’ module in a full-screen implementation using a simulated banking app at…

 

Shift to contactless payments continues as vein biometrics, cards partnerships unveiled

FinGo has closed a new partnership with Mastercard, expanding the reach of its vein biometrics payment system exponentially. Following the…

 

Sionic selects Revelock behavioral biometrics to help financial institutions tackle fraud

Revelock has entered a new partnership with financial services consultancy Sionic to deliver its behavioral biometric fraud prevention technology. Under…

 

Indian police nab biometric spoofing gang

Police in the Indian state of Haryana say five persons suspected of perpetuating bank fraud using the biometric authentication mechanism…

 

Zwipe discusses biometric cards’ potential with FSS, closes MEPS deal

Zwipe joined with Financial Software and Systems (FSS) to explore the market potential from their recently-closed biometric card partnership in…

 

TransUnion sees fraud attempts rise 24 percent among its customers globally

The global rate of suspected financial-services digital fraud attempts among TransUnion customers rose 24 percent in the first four months…

 

India’s digital wallets to get transfer boost and incentives for KYC

Digital payment wallets could be bolstered in India following changes to allow interoperability between wallets as long as users are…

 

Enacomm and REDi partner on biometric fraud control

Enacomm and REDi have entered a new partnership to develop biometric solutions for fraud control and prevention. As part of…

 

Biometric payment cards can help banks build customer base post-COVID, says FPC

In a recent episode of On the Pulse, Fingerprint Cards (FPC) executives outlined how banks can better target consumer bases…

Most Read This Week

Featured Company

Biometrics Research

Biometrics White Papers

Biometrics Events

Explaining Biometrics