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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.

 

US financial agencies highlight teams in remote digital identity proofing competition

Two U.S. federal agencies that oversee the law enforcement of financial crimes and seek to strengthen trust in the digital…

 

Face biometrics for payments continue advance with PopID-Visa partnership

PopID has recently entered a new collaboration with Visa to launch its PopPay face biometrics-powered payments solution in the Middle…

 

Socure brings anti-fraud biometric screening to Betterment partnership

Socure has entered a new partnership to help investment platform Betterment tackle fraud with selfie biometrics. More specifically, the collaboration…

 

European Central Bank explores payment preferences, including biometrics

The European Central Bank (ECB) has published the findings of the report it commissioned on citizens’ payment habits and their…

 

Zwipe welcomes former Idemia executive, biometric cards partner gets production approval

Zwipe has appointed biometric card expert Patrice Meilland as its new chief strategy and product officer. Meilland will be in…

 

FinGo enters gaming market with biometric age verification, payments

FinGo has joined the gaming sector with a NYCE International partnership to provide age verification and transactions with its finger vein…

 

Signzy, ID R&D, Microsoft explore technologies to secure users in the metaverse

A triad of technology companies has each discussed the potential of either digital ID or biometric technologies to secure individuals’…

 

Socure, Prove deals extend fraud protection for onboarding to digital asset markets

U.S.-based Socure has entered a new digital ID verification and onboarding partnership with Prime Trust, a provider of financial infrastructure…

 

Veritran integrates Innovatrics biometrics to enable low-code enterprise adoption

Low-code onboarding platform provider Veritran and biometrics company Innovatrics will cooperate on a strategic integration partnership to bring biometrics to more…

 

ISO debuts standard for legal entity organizational roles through digital ID

The International Organization for Standardization (ISO) has created a new standard to recognize official organizational roles in a business entity…

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