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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.

 

Mastercard expands Farm Pass digital ID platform across APAC to improve agrifinance

Mastercard is taking its Farm Pass digital platform to more farmers in the Asia Pacific region as part of its…

 

Daon to supply biometrics for bank services app in Philippines

Digital ID services firm Daon says its IdentityX biometric identity proofing and authentication platform will be deployed by digital bank…

 

Socure unveils real-time bank account validation, public sector digital ID reseller deal

Socure has entered the payment risk market with new software for real-time validation of financial accounts. Called Account Intelligence, the…

 

UAE’s largest bank and retailer launch biometric payment card from Idemia and Idex

A biometric payment card built with Idemia’s F.CODE technology and fingerprint sensors from Idex Biometrics is being launched in the…

 

Aware introduces pre-configured cloud MFA and multimodal biometrics platform

Massachusetts-based Aware has officially unveiled a new low-code platform for identity verification with multi-factor authentication (MFA) and multimodal biometrics. AwareID…

 

Sumsub eases digital identity verification with no-code tool for configurable user journeys

Sumsub has introduced a feature enabling companies to create user identity verification workflows tailored to particular triggers and risk scenarios…

 

Turkey, Japan pilot digital currency with national ID, Idemia cards

The Turkish government is planning the deployment of a central bank digital currency (CBDC) infrastructure to be integrated with the…

 

The finer points of securing a digital ID in the metaverse getting attention

Conversations about the metaverse (and Web3) that do not feature hyperventilated predictions tend to end the same way – with…

 

Increased use of data, biometrics in 3D Secure v2 praised by Regula, Entersekt

With the deadline for upgrading to 3D Secure 2.0 passed, merchants can now offer a better user experience for payment…

 

Prove debuts passwordless digital ID authentication software and partners with Experian

Digital identity vendor Prove Identity has launched new passwordless login and omnichannel authentication software, Auth. The tool protects against fraud…

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