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.

Arculus announced that its Wallet app users will soon be able to access and manage their stored cryptocurrency funds using…

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Digital transformation will confirm Britain’s place in the world post-Brexit

By Harry Weber-Brown, Digital Innovation Director at TISA. There is no doubt that 2020 was a trying year for the…

 

Fingerprint Cards receives volume biometric sensor order for PCs, wins approval for mobile payments

An unnamed Asian PC-maker has ordered “a couple of hundred thousand” units of Fingerprint Cards  new biometric PC solution. The…

 

Behavioral biometrics deployed, researched and renewed to fight fraudulent ecommerce

The past week has been an eventful one for biometrics as a fraud prevention measure. Clarkson University Professor Daqing Hou…

 

Facial recognition alone won’t be too much help against new digital attacks this year — report

Like most other facets of the nation’s reality, its digital life is forecast to be trickier this year than last…

 

Biometric payment card first highlights fast start to year of mass adoption

Biometric payment cards start 2021 with a bang after their progress was closely followed in the industry for all of…

 

Kabn targets challenger bank biometrics market, Jumio e-book offers defense tips

Kabn North America and XTM Inc. have announced the launch of a digital banking platform for challenger banking initiatives in…

 

Indian publication alleges biometric data from doorstep banking may be vulnerable

Allegations that India’s doorstep banking system is leading to predatory lending, and potentially exposing biometric data to unscrupulous companies in…

 

Preciate plans biometric retail payments expansion after pandemic delay

From the ambitions of a startup based in Israel to a partnership for smartphone-based biometric payments in Russia, retail payment…

 

Biometric ATMs and remote payment systems expanding around the world

Biometric banking and financial services of various kinds are making headlines around the world, with legal and regulatory changes in…

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