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.

The global market for payment security software will grow by nearly 16 percent CAGR from 2018 to 2022, driven by…

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ID R&D named a top pick in fintech for Disrupt SF

Biometrics solutions provider ID R&D announced it has been selected by TechCrunch as a Top Pick in Fintech for Disrupt…

 

SmartMetric manufacturing new biometric credit card

SmartMetric revealed that it is now manufacturing a new biometric credit card that has been designed to protect online transactions…

 

Onfido to secure trader identity verification for virtual currency marketplace HBUS

Virtual currency marketplace HBUS has partnered with Onfido to go beyond basic legal and regulatory requirements and deliver fast, secure,…

 

Diebold Nixdorf and Mastercard expand partnership with managed payments service

Diebold Nixdorf and Mastercard have partnered to offer an end-to-end managed solution for the banking and retail sectors which they…

 

Fujitsu palm vein tech to be tested for cardless retail payments in Japan

Japan’s AEON Credit Service and Fujitsu will begin a field trial of a cardless retail payment system using biometric palm…

 

Partnership enables Backbase customers to add Jumio’s online identity verification

Jumio has announced a partnership with omni-channel digital banking platform provider Backbase to deliver online identity verification services that help…

 

Western Union patents money transfer system using biometrics-based sender verification

A Western Union patent application that describes a system to manage recurring transfer notifications and secure payments for an electronic…

 

PSD2 to drive biometric adoption for online payment authentication: Mastercard

With the number of online transactions requiring cardholder authentication to increase from roughly one or two percent today to as…

 

Focus on authentication and contactless payments at upcoming trade association events

U.S. Payments Forum members representing global payment networks, financial institutions, merchants, processors, acquirers, domestic payment networks, industry suppliers and industry…

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