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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.

Digital trust frameworks and financial inclusion efforts are prominent among the most widely-read digital ID stories of the week on…

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Canadian report considers biometrics, ID banks to improve financial inclusion

Biometrics are one of the top solutions suggested in a new report to mitigate barriers to acquiring and using ID…

 

Revelock and CaixaBank co-develop behavioral biometrics-based fraud detection solution

Revelock worked with Spanish financial services multinational CaixaBank to develop a new fraud prevention solution using artificial intelligence to interpret behavioral…

 

iDenfy, Veriff, IDmission reveal selfie biometrics partnerships

A trio of identity verification and selfie biometrics providers have each announced new partnerships. iDenfy has begun a collaboration with…

 

Trust Stamp tokenized biometrics for Mastercard financial inclusion initiative

Mastercard has chosen Trust Stamp to provide biometric privacy technology for its African financial inclusion initiative with Paycode. The Mastercard…

 

BioCatch brings behavioral biometrics to partner program for banks and credit unions

BioCatch is contributing its behavioral biometrics to Alkami Technology Inc.’s Gold Partner Program to enable Alkami’s bank and credit union clients…

 

Zwipe partners for faster biometric payment card deployment in Middle East, Africa

Zwipe has partnered with Abu Dhabi-based NymCard to launch biometric payment cards in the Middle East and Africa. The collaboration will…

 

Alexa voice biometrics to be integrated in touchless purchases across India

According to one account, Amazon India is preparing to expand the ability to buy goods in that South Asian nation…

 

Make businesses performing KYC into digital identity providers, GAIN white paper proposes

The Global Assured Identity Network (GAIN) released its proposal for businesses performing know your customer checks to act as digital…

 

Landgrab shapes up in event biometrics market with new Amazon, Clear partnerships

Amazon One is moving into the event ticketing space that Clear is exploring, launching a new partnership with digital ticketing company…

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