ID.me attempts pivot to champion of the unbanked
ID.me wants to move on from being associated with fraud, “reckless” handling of biometrics and personal information and dire customer…
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.
Crypto thefts explode; report says users will tolerate ID verification friction to stop it
A survey paid for by a digital ID verification company indicates that at least 70 percent of cryptocurrency users are…
Biometric payment cards from Idex to roll out in Turkey next year
Payment cards with fingerprint biometrics are continuing their long march to mass adoption, even as some are calling for the…
Partners integrate Yoti, OCR Labs, IDnow selfie biometrics for compliant checks, onboarding
Sterling and Yoti have partnered to work on an integrated digital identity verification workflow for hiring processes in the EMEA…
New NADRA offices to enroll biometrics of Pakistani individuals with household changes
The National Database Registration Authority (NADRA) of Pakistan has partnered with the Benazir Income Support Programme (BISP) to establish 647…
Defrag KYC landscape to prevent fraud, reputational damage, American Bankers Association says
The American Bankers Association (ABA) hopes to settle nerves in the fraud-prone U.S. financial sector with a new guide to…
Idex and UK issuer plan biometric payment card rollout for early 2023
Idex Biometrics has teamed up with a UK issuer of EMV payment cards serving banks and fintechs in the UK,…
Will consumer data protection worries boost biometric payment cards?
More than 4 out of 10 consumers feel unable to protect their personal data, according to research by Cisco that…
Digital ID verification deployed to tackle fraud in finance, travel, sports, ad buys
Identity fraud rates in the UK have gone down following the pandemic but remain high and are expected to rise…
Moscow Metro biometric payment system marks usage milestones, anniversary
A year after launching, Russia’s Face Pay fare service in Moscow reports processing payment for 35 million rides using face…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection