Veracode has announced that OneSpan is now using its platform to ensure the security of its solutions and protect financial…
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.
House Dem proposes digital ID and state ledger-backed currency for stimulus aid to U.S. consumers
The broad adoption of digital identity for new U.S. digital financial services is proposed in a bill tabled by the…
TransUnion suggests biometrics to combat spike in digital transaction fraud attempts
TransUnion has identified a 23 percent increase in e-commerce transactions since the coronavirus pandemic was acknowledged by the World Health…
Mobey Forum stands up expert working group to guide bank AI innovation with privacy protections
Digitally-focused banking and financial services industry group Mobey Forum has announced the formation of a new expert group which may…
Singapore and Australia economic pact to support cross-border digital ID
Singapore and Australia have entered a digital economy pact which will involve starting pilot projects that include artificial intelligence, data…
Jumio publishes two eBooks to demystify biometric eKYC and APAC region digital banking
With online banking and financial transactions making up a large and rapidly increasing portion of the total, businesses and regulators…
HooYu and Acuant provide facial biometrics for seamless onboarding and online transactions
A pair of biometric onboarding and identity verification providers have announced customer wins in the financial services industry, one for…
Digital onboarding finally gets banks’ attention; money is being budgeted — survey
Imagine a business so central to people’s lives that they wait in line to walk in the door only to…
VeriTrans, NEC test biometric facial recognition payments at stores in Japan
VeriTrans has partnered with NEC Corporation to deliver a biometric facial recognition solution for cashless payments initiated by Seven-Eleven Japan…
How biometrics will help banks maintain “business as usual” — even when it’s anything but
This is a guest post by Kim Martin, VP of Marketing at ID R&D. Few businesses will escape the effects…
