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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.

Mastercard launches its Biometric Checkout Program for ‘pay by smile’ facial recognition payment authentication with Brazil’s Payface at five São Paulo…

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Selfie biometrics customer wins in three verticals and SDK update unveiled

Trust Stamp has signed a deal with Ietus (formerly RentMoola), a cloud payment platform for property managers and tenants, to…

 

Incode selected by hotel group to develop seamless processes with biometrics

Incode Technologies has been selected by global luxury hospitality company Jumeirah Group to innovate guest experiences and reduce time-consuming processes with…

 

Avarta brings biometric digital wallet to Indonesian crypto exchange collaboration

Avarta, a decentralized finance and identity firm that offers a cryptocurrency wallet secured with biometrics from FaceTec, will work with…

 

US digital ID fraud cost $52B in 2021, Javelin estimates

Forty-two million Americans were victims of digital identity fraud last year, according to new research, costing billions. Pandemic-related shifts to…

 

Entersekt partners with SA bank on ecommerce security with NuData behavioral biometrics

South Africa’s Capitec Bank has deployed Entersekt‘s mobile identity authentication feature, EMV 3-D Secure, which integrates NuData Security’s behavioral biometrics….

 

Payments startup gets $2.85M in pre-seed for multi-biometric ID platform

Wink, a Texas company, has raised $2.85 million in pre-seed funding for its payments and biometric identity platform that combines…

 

Socure partners with ServiceNow on selfie biometrics to power banks’ KYC

New York-based Socure has announced a new integration of its selfie biometrics and liveness detection within ServiceNow’s Financial Service Operations…

 

VeriFace, NamaChain each launch face biometric customer onboarding solutions

VeriFace has launched a comprehensive customer onboarding service using Innovatrics’ face biometrics and liveness checks. A customer takes a picture of their…

 

Berbix launches peer-to-peer biometric ID verification

Just as a pair of new customer wins have been unveiled in the biometric remote ID verification space, U.S.-based platform…

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