KYC fraud loss tool launched by Sumsub amid digital ID deals, award
Digital ID providers are continuing to extend their software toolkits for KYC checks, and their market reach. Shufti Pro has…
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.
Tag gets Mastercard OK, deploys Zwipe’s biometric pay platform
Payment card maker Tag Systems has Mastercard’s approval to deploy biometric products using Zwipe’s Pay platform. The partnership of Tag…
Fast e-commerce settlement play with selfie, behavioral biometrics pulls in $51.5M
A biometric and financial-security startup is offering a potential answer to how to make online sales and fend off fraudsters,…
Veriff partners with mobile developer as selfie biometrics use grows for payments, deliveries
Veriff has formed a partnership with mobile app developer Shockoe to build fraud prevention and uncompromised privacy to businesses creating…
Aadhaar biometrics considered for expansion toward non-banking financial firms
The Unique Identification Authority of India (UIDAI) is considering onboarding several nonbank financial companies (NBFCs) to authenticate users online via…
Pakistan disburses over $100M in flood relief via biometric ID
Pakistan has so far disbursed 24.5 billion Pakistani rupees (US$103 million) to families affected by floods across the country via…
Governments should center utility, trust and inclusion in digital ID to support fintech: panel
Digital ID could substantially expand the potential of digital identity infrastructure for fintechs in relation to government applications, was the…
Selfie biometrics from Veridas, FacePhi, iDenfy deployed for banking, car rentals
Veridas has announced its new digital onboarding technology for BBVA Switzerland products, FacePhi is partnering with Namutek on digital onboarding…
iProov contributes face biometrics to consortium piloting payments with EU digital ID wallet
iProov has joined a digital ID wallet consortium to participate in the launch of a pan-European payments pilot utilizing the…
Precision Biometric, Crunchfish to pilot mobile, offline retail payments in regulatory sandbox
Swedish gesture recognition and digital payments solution provider Crunchfish and one of India’s largest private banks, HDFC Bank, have been…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection