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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.

 

Fiserv’s Clover commerce platform to integrate Wink’s multimodal biometrics

Fiserv’s Clover point‑of‑sale platform is set to introduce multimodal biometric payments through a new integration with Wink. The collaboration brings…

 

Dark web identity trading in cheap ‘full identity packs’ undermine biometric security

New analysis from AMLTRIX shows booming trade in stolen and fabricated identities on the dark web, which the anti‑money‑laundering firm…

 

Identt launches identity verification app

Poland-based Know Your Customer (KYC) startup Identt, which supplies financial institutions such as MetLife, Bank BPS and Bank Polski, has…

 

Gates Foundation financial inclusion exit raises questions for DPI ecosystems

The Gates Foundation will end its global financial inclusion work by 2030, saying the sector has made sufficient progress. “Our…

 

Vietnam’s digital economy grows, national GDP may overtake Thailand’s

Vietnam’s digital economy reached $39 billion in gross merchandise value in 2025, growing 17 percent, the second‑highest rate in Southeast…

 

Credas tests first wallet for property compliance checks

Credas has completed its first live identity verification and compliance check for a real estate transaction through a digital identity…

 

Fingo, Trust Stamp deals bring biometrics, digital identity to gold sector

Gold shot up in value in 2025 as investors piled in. Now, the gold sector is becoming an unexpected proving…

 

Biometrics replacing SMS OTPs for UAE online transactions

Major banks in the UAE have begun informing customers that one‑time passwords (OTPs) via SMS for online card purchases are…

 

Tencent integrates Mastercard’s payment biometrics for cross-border mobile commerce

Mastercard’s Click to Pay, which relies on biometric authentication and transaction tokenization, is coming to Tencent’s cross-border payment system MIDAS,…

 

US Senators move to ban AI-driven impersonation scams as fraud losses surge

United States Senators Shelley Moore Capito and Amy Klobuchar have moved to confront one of the fastest growing consumer threats…

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