Research hints that biometric authentication is gaining real momentum with consumers
Commercial biometric authentication may have reached the point in its history as a culture-changing technology when consumers, regulators and businesses…
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.
Innovatrics launches digital identity verification API as consumer understanding improves
Innovatrics has launched a cloud API to make its remote digital identity verification with selfie biometrics and liveness detection more…
G+D takes top stake in Netcetera, brings in new CEO
Already a major shareholder in Netcetera, Gieseke+Devrient has taken the majority stake and ushered the acquired firm’s CEO to the…
Mastercard Africa digital ID scheme to benefit from $50M of DFC funding to its partners
Mastercard’s Community Pass is set for a boost as the U.S. International Development Finance Corporation (DFC) seeks to support investments…
EU pilot funded to test biometric payments from digital wallets
The European Commission has announced that it will fund a multi-national and multi-company consortium as part of a larger pilot…
Jumio and Keyless partner to use selfie biometrics for passwordless authentication
Jumio and Keyless are partnering to help financial institutions fight account takeover fraud with passwordless authentication and biometric identity proofing….
Vert One integrates Smart Engines mobile ID document scanning and detection
Customers of India-based green economy management firm Vert One will henceforth be able to quickly and conveniently upload their ID…
KYC and AML costs add up, compliance with biometrics costs less: Ondato
The cost of anti-money-laundering (AML) processes for major European banks averages €14.25 million (US$15.15 million) each year, with each of…
Russian Orthodox Church warns against mandatory biometric data collection
The head of the Russian Orthodox Church has called upon the State Duma speaker to prevent the discrimination of people…
Bluestone signs Bahamian digital ID agreement with biometric payment option
Bahamas-based digital ID firm Bluestone Labs has entered a six-year contract with the country’s Unified Public Transportation Co. (UPTC) to…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection