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.

Facial recognition is a key technology for the future of mass transportation, with potential uses for safety in urban environments,…

Continue Reading

 

Biometric verification required for Namibian pension fund recipients

Namibia’s Government Institutions Pension Fund (GIPF) now requires that recipients receiving a monthly pension benefit from GIPF register their biometrics…

 

Facial recognition system trialed for subway fare payment on Shenzhen Metro

Chinese subway operator Shenzhen Metro is piloting a facial recognition system, powered by a 5G network, for ticket payments that…

 

Biometric authentication among innovations causing optimism for global mobile payments market

Mobile payments are used by more than a third of global internet users, and the market outlook remains positive as…

 

Secure Technology Alliance publishes white paper to explain biometric payment cards

With interest growing in fingerprint-based biometric payment cards, The Secure Technology Alliance has published an introductory resource for card issuers,…

 

Vietnamese bank selects NICE voice biometrics technology for fraud prevention

NICE announced today that a bank in Vietnam has chosen its Real-Time Authentication (RTA) and fraud prevention solution to secure…

 

Fortress Identity CEO talks MFA at VISA LATAM Security Summit 2019

Fortress Identity‘s CEO Alessandro Chiarini is discussing true multi-factor authentication at this week’s 2019 Visa Latin America and Caribbean Security…

 

Russian banks advised to inform customers of biometric data collection after the fact

Russia’s central bank has issued recommendations for the biometric enrollment processes banks in the country should use to register citizens…

 

PSD2 could drive fraud to non-EU payment markets as biometric authentication increases

Most companies are not prepared for the Europe’s new and revised Payment Services Directive (PSD2), but that will not stop…

 

Dah Sing Bank roll out of Daon’s biometric authentication solution continues

Daon and Hong Kong-based eCommerce firm Tradelink announced the phase 2 deployment of the biometric authentication solution developed for Dah…

Most Read This Week

Featured Company

Biometrics Research

Biometrics White Papers

Biometrics Events

Explaining Biometrics