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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.

 

Zwipe chosen for Jordanian biometric payment cards pilot, integrated for access control

Zwipe has been chosen by CSC-Jordan to pilot the Jordanian financial company’s biometric payment cards built on the Zwipe Pay platform….

 

New customers, features for European selfie biometrics, IDV providers

Biometrics and identity solutions providers across Europe including FacePhi, iDenfy and Qoobis unveil details about their newest partnerships with a…

 

Implanted digital ID will push digital payment revenue higher

An analyst firm this week predicted global digital payment revenue of $204.1 billion by 2028. The same day, a digital-payments…

 

Mantra releases new handheld biometric point-of-sale devices

Mantra Softech is debuting a series of handheld biometric point-of-sale (POS) devices for Android, according to The Times of India. The…

 

Know your algorithm: Future Identity report highlights importance of biometrics fundamentals

Future Identity has released its latest digital report focusing on “the high cost of cheap biometrics,” which argues that choosing…

 

NEC, Hitachi biometrics planned for payments, hospitality check-in in Japan

NEC has partnered with Osaka Metro to bring face biometrics-powered payments to retail stores, starting with a pop-up shop it…

 

Idex partners with G+D JV to commercialize biometric payment cards in Eastern Europe

Idex Biometrics  and E-Kart, a joint venture with Giesecke+Devrient (G+D) and Eczacıbaşı Holding, partner up to deliver biometric smart cards across…

 

Truora’s $15M Series A, selfie biometrics for specific sectors highlight market growth areas

User authentication and onboarding with selfie biometrics continue to be rapidly adopted, but the twist offered by Columbian startup Truora…

 

Biometric payment card competition heats up; Idemia, Thales vie for Egypt contract

The latest spate of biometric payment card releases includes an aspirational card by Mastercard in Morocco, the first corporate biometric…

 

Aadhaar user verification integrations for Indian social media, Cashfree Payments

Users of India’s Twitter-like platform Koo can now voluntarily verify themselves via their Aadhaar number and fellow Bengaluru-based firm Cashfree Payments…

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