Sumsub stats show more biometric ID verification needed as crypto regulations increase
Cryptocurrencies could soon be subject to strict anti-money laundering checks in the European Union, with a provisional agreement between the…
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.
Cloud KYB services from Sumsub, iDenfy expand selfie biometrics applications
A pair of new cloud services from Sumsub and iDenfy bring automated compliance checks to business relationships, as selfie biometrics…
Digital ID, KYC infrastructure critical for digital currency rollout, says IMF
An international agency is urging central banks to help strengthen national digital ID systems and make KYC requirements easier to…
Selfie biometrics deployed for fraud prevention, KYB from microfinance to virtual basketball
New York-based Element has teamed up with Cebuana Lhuillier, the largest microfinance services provider in the Philippines, to provide Know…
Gang spoofing fingerprint biometrics busted by India’s Cyberabad police
Seven persons suspected of cloning fingerprints to defraud poor farmers of money from their bank accounts through the Aadhaar Enabled…
Persona launches biometric KYB/KYC automation platform
San Francisco-based ID verification provider Persona has released an automated know your business and know your customer platform that authenticates…
Multi-factor authentication comes to New Jersey sportsbooks
New gambling regulations requiring two- or multi-factor authentication for sportsbooks take effect in New Jersey June 30. The move is…
Stripe launches service to delegate online payment authentication with device biometrics
Stripe is moving further into user authentication with a new delegation feature for consumer payments, allowing end-users to make use…
TISA gains more member mass in bid to create digital ID for finance sector
A multi-industry UK organization focused on opening the financial services and savings sectors to more people is adding more partners…
Face biometrics expanding in retail on three continents with deployment, IPO plans
Retail applications of face biometrics for payments at checkouts and vending machines, and related technologies in advertising, appear to be…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection