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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.

 

PayByFace receives strategic investment from SafexPay, CEO discusses plans to go global

After being named as a participant in Mastercard’s Biometric Checkout Program, PayByFace announced a strategic investment from Indian fintech SafexPay…

 

Heavy-handed Russian government still can’t easily pull off a massive biometric program

Moscow’s campaign to get its finger in as many biometrics pies as possible is intensifying, if not exactly gaining momentum….

 

Fingerprint Cards, Zwipe announce expansions of biometric payment card reach

Fingerprint Cards has unveiled a partnership with Taiwanese card manufacturer Beautiful Card Corporation (BCC) to grow its global presence in…

 

Regulation to push biometric mobile payment authentication to $1.2T by 2027: Juniper

A market study from Juniper Research suggests that the value of biometrically authenticated remote mobile payments will reach $1.2 trillion…

 

Regulators, executives united in pushing for digital ID programs

There is a telling moment during one of this year’s Digital Monetary Institute panel discussions. The host of the digitalization…

 

Signicat to aid in digitization of corporate lender

Signicat is partnering with digital documentation company Enigio to digitize Swedish corporate lender yourCom. The Norwegian biometrics and digital identity…

 

White paper explores multimodal biometrics advances for inclusive, secure online banking

With the rapid growth of online banking and financial services jolted by the COVID-19 pandemic, biometric authentication has also followed…

 

Clearview enters selfie biometrics market as KYC firms sign up onboarding clients

Clearview is joining the selfie biometrics market and has signed up its first client. Biometrics-enabled know your customer (KYC) and…

 

A confusing present obscures the future of digital IDs

The difficulty in predicting the future of digital identities is that defining the present of digital identities is as hard…

 

FPC, Idex, Crédit Agricole progress on biometric payment cards issuance

Steps towards mass adoption of biometric payment cards can be seen in a new approval for cards made with Fingerprint…

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