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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.

 

Outseer makes behavioral biometrics a native platform feature

U.S.-based payment authentication provider Outseer has added behavioral biometrics to its platform as a native feature to secure digital banking…

 

Biometrics ‘the lynchpin of where gaming companies need to be,’ says gambling executive

Online gambling continues to be a fruitful market for biometrics providers, as betting platforms seek secure and frictionless KYC, onboarding,…

 

Reusable digital ID promises improved customer experience

A new Reusable Digital ID Network partnership to serve UK financial services providers has been announced by Select ID, SQR,…

 

Identity verification, fraud prevention benefit from boom in real-time payments

On a classic episode of The Simpsons, when Homer is shown a deep fryer that can “flash fry a buffalo…

 

Rise of digital wallets integrating payments and digital identities across Asia

Digital wallets have grown from innovation to an essential financial instrument, easily integrating into billions of people’s daily activities. By…

 

Regulation and technology in 2025

By Collette Smith, Chief Transformation Officer, SmartSearch As 2025 begins, the world of digital compliance is preparing for significant challenges…

 

EWC provides update on EU’s business wallets

The European Business Wallet has entered the focus of attention since it was named a part of the European Union’s…

 

Leveraging biometrics for IDV compliance, efficiency

Microblink has announced the launch of the Microblink Platform, a specialized identity verification product for financial services and fintechs seeking…

 

Partnerships bloom in market for compliant, convenient, efficient KYC/AML security

The market for Know Your Customer and Know Your Business (KYC/KYB) use cases of biometric identity verification has seen a…

 

Mastercard well positioned in soaring virtual card market

Among firms with the reach and resources to push payments wholly into the digital space, Mastercard ranks high on the…

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