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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.

 

Sumsub releases KYC speed and pass rate case study, Signicat unveils digital ID trends

London-based Sumsub and fleet rental software company MyMove have released the results of the digital ID partnership they formed in…

 

Nuggets goes global with pilot of its self-sovereign digital ID platform in GAIN

Self-sovereign identity and payment provider Nuggets is piloting its Verified Self-Sovereign Digital ID solution with the Global Assured Identity Network…

 

Selfie biometrics deployed from banking to auto sales, legal sector urged to follow suit

Innovatrics, Onfido, and iDenfy have each won new clients for their selfie biometrics and document verification technologies. Similarly, a dating…

 

Alloy and Prove partner on digital ID solutions to reduce financial fraud

Identity decisioning platform Alloy and digital ID verification firm Prove have entered a new partnership to facilitate user onboarding and…

 

Qualcomm, Liquid Avatar investments bring digital identity tools to metaverse

Qualcomm and Liquid Avatar Technologies unveil their latest metaverse digital identity investments through a fund worth up to $100 million…

 

Visa approves Zwipe Pay platform, biometric cards approved worldwide

Visa has issued a Letter of Approval for the Zwipe Pay platform for biometric payments cards. Zwipe’s customers can now…

 

Interswitch introducing biometrics to ATMs to tackle banking fraud in Nigeria

Digital payments solution provider Interswitch is in the process of rolling out a new solution designed with advanced biometric features…

 

New research, collaborations, investments to boost selfie biometrics deployments

A fresh slew of projects and collaborations has emerged around the world involving selfie biometrics solutions from Yoti, Beyon Connect,…

 

Digital ID trends for finance: cloud authentication, tokenization and credit profiles

A new webinar episode from Business Insider and Au10tix explores new identity verification trends in relation to financial services. The…

 

Crypto-biometrics firm with altruistic plan stumbles

Ambitious plans are in the DNA of technology, and few visions have been more amazing than scanning an iris of…

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