FB pixel

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.

 

Sentry launches dedicated business for biometric crypto cold storage

Sentry Enterprises has launched Sentinel Wallet as a company dedicated to selling its Sentinel Cold Storage Crypto Wallet, which is…

 

Trust at center of digital ID for financial services in Southeast Asia, UK still struggle

Southeast Asian countries increasingly rely on the public perception of service providers’ integrity when considering the deployment of digital IDs…

 

Six key considerations for ethical AI in financial services

By Matt Peake, Global Director of Public Policy at Onfido Biometrics has quickly become embedded in our everyday lives, particularly…

 

EU banks struggle with KYC and AML budgets, but biometrics help applications worldwide

European banks are dedicating the majority of their AML (anti-money laundering) and KYC (know your customer) budgets to manual processes…

 

Infineon and FPC sign deal to develop and commercialize biometric payment cards

Infineon has signed an agreement with Fingerprint Cards for developing and commercializing a plug-and-play turnkey solution for biometric payment cards….

 

Italian credit firm pilots biometric payment cards developed with Idemia, Idex

Household credit outfit Sella Personal Credit, a subsidiary of Italy-based Sella Group, has begun a test operation for fingerprint biometrics-enabled…

 

Visa, FIFA, PopID bring face biometrics payment to the World Cup

Visa has partnered with FIFA and PopID to deliver contactless biometric payments at official World Cup venues including eight stadiums…

 

Selfie biometrics rollouts keep pace as eID cautions careful KYC and AML decisions

A biometrics vendor is reminding stakeholders that know-your-customer (KYC) and anti-money laundering (AML) solutions based on single-image selfie biometrics are…

 

Privacy preserving biometrics for strong ID proofing possible, Mobai researcher contends

Strong biometric identity verification standards and privacy regulations in Europe are at odds, but the situation is resolvable, according to…

 

Selfie biometrics boom in fintech with new implementations, partnerships

Selfie biometrics are expanding in several markets, with a new implementation from Amazon, partnerships for Veriff, Sumsub and IDScan.net, and…

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events