FB pixel

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.

 

Proof, Enigma link KYB to authorized people, AI agents with biometrics

Proof and Enigma have launched Business Certificates, a cryptographic credential that connects a verified business identity to the people and…

 

Vietnam nears universal digital ID as biometric fraud controls tighten

Vietnam’s VNeID system has surpassed 102.1 million digital identity records and 71.5 million activated accounts, taking the platform very close…

 

Global fraud escalation drives new wave of biometric and continuous verification in banking

AI‑driven identity fraud is accelerating with deepfakes, synthetic identities and cross‑platform attacks causing billions in losses and pushing banks toward…

 

Delegated authentication: A security essential plus strategic data asset

By Dewald Nolte, Co-Founder and Chief Strategy Officer, Entersekt The payments landscape has undergone a significant transformation, from in-person card…

 

Visa expands payment passkeys, from issuer rollout to AI agent commerce

Visa is expanding the use of payment passkeys across digital commerce with an issuer infrastructure in Asia Pacific, an online…

 

Singapore banks look to behavioral biometrics as fraud attempts rise

A new BioCatch survey of 100 fraud management, anti-money laundering, and compliance leaders at banks in Singapore finds that 91…

 

Australia expands AML rules, widening market for digital identity verification

Changes to Australia’s Privacy Act and money laundering rules have put small businesses at risk of fines and other regulatory…

 

Kuwait’s AZ eWallet deploys Shufti for automated KYC, liveness detection

Shufti announced recently that its fraud prevention technology has been adopted by Kuwait-based fintech AZ eWallet to streamline customer onboarding…

 

London completes blueprint for reusable digital IDV orchestrator

The UK’s capitol is not waiting for its national government to enable digital identity sharing and verification, releasing a blueprint…

 

Major UK banks back reusable digital ID network for financial services

Major UK banks and financial institutions, including Barclays, HSBC and Lloyds, are teaming up with industry group UK Finance to…

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events