Africa needs biometric de-duplication, Smile Identity argues
Nobody loves an enticing promotional customer campaign more than an accomplished identity fraudster. That is as true in Africa as…
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.
Three pairs of KYC vendors partner to secure accounts with selfie biometrics
Maybe figuring there are safety and profits in numbers, six KYC companies are pairing up for strategic benefits, with selfie…
LexisNexis, IDnow and Onfido each unveil biometric onboarding customers in fintech, ecommerce
Selfie biometrics and digital ID onboarding providers continue to add customers amid robust market demand. Assetz Capital selected LexisNexis’ RiskNarrative…
Moscow Metro facial recognition payments system to add 200 turnstiles, link to IDs
Moscow will extend the government-owned Face Pay biometric fare payment system to additional transport lines in the city and is…
SmilePay launches face biometrics payments in Azerbaijan following Mastercard partnership
Azerbaijan-based startup SmilePay is launching its face recognition biometric payments system at two food retailers in the country. Bravo Supermarket…
Mobile driving licenses live in Utah, Arizona for credit union transactions
Mobile driving licenses are being accepted for all bank transaction at America First Credit Union offices in Utah and Arizona….
VerifyMe Nigeria CEO calls for greater collaboration to enhance KYC compliance
Industry operators and stakeholders involved in the know your customer (KYC) chain in Nigeria must close ranks if there is…
Dozens of stores getting Amazon palm biometrics readers nationwide
Amazon’s palmprint biometric payment readers are moving from a few prestige Whole Food locations in the United States to dozens…
Remote onboarding for financial services stays hot with iSolve solution, OCR Labs, iDenfy wins
In an eventful start to August for digital ID applications, digital client onboarding and compliance platform iSolve Technologies launched a…
Digital insurance fraud spike offers market opportunity for biometric KYC providers
The rate of suspected global digital fraud attempts targeting the insurance industry increased 159 percent between Q2 2021 and Q2…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection