Pakistan biometric beneficiary program issuing $240M in first installment
The Benazir Income Support Programme (BISP) in Pakistan started releasing the first quarterly installment of 7,000 Pakistani rupees (US$30.60) to…
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.
Idex strikes second bank deal to launch biometric payment cards in Turkey this year
Idex Biometrics has signed a deal to supply a second biometric payment card project in Turkey. A Turkish regional bank…
Moscow Metro to expand Face Pay biometric service as customer base grows
Officials of the Moscow Metro say they plan to add 330 more turnstiles to the Face Pay system from this…
Digital wallets and biometrics to replace traditional payments in UK: Mastercard survey
Roughly half (51 percent) of people in the UK believe physical wallets will become less relevant as digital ways to…
Intellicheck expands multimillion-dollar digital ID contract with financial customer
New York-based identity provider Intellicheck has announced the expansion of a multimillion-dollar contract with an unnamed financial customer. Details about…
Biometrics providers line up partners, customers in diverse sectors for KYC and compliance
Compliance with Know Your Customer checks and other regulatory requirements remain a major driver of biometrics implementations. The latest round…
Consumers are placing their trust in mobile deposits. Here’s how banks can keep it.
By Michael Diamond, Senior Vice President, GM Digital Banking at Mitek Systems In our post-pandemic world, it’s evident most people…
Nivo secure, biometric customer messaging solution gets £1M funding from Maven to go global
The UK’s Nivo Solutions, provider of biometrically verified messaging services to financial firms for customer service, has received £1 million…
Biometric payment cards from Zwipe and Indian manufacturer approved by Visa
Visa has granted card manufacturer KL Hi-Tech a Letter of Approval (LoA) for its biometric payment cards built with the…
Pakistan considers tinkering with biometric channels to distribute aid
Economic assistance in Pakistan is being distributed through a direct distribution system using biometrics, but that might not be the…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection