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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.

 

Idex Biometrics signs up Japanese payment card integrator, Zwipe inks manufacturer, issuer deals

A leading Japan-based global payment card integrator has selected the TrustedBio turnkey reference design from Idex Biometrics to work towards production…

 

Digital ID applications grow in Pakistan, but obstacles remain: State Bank exec

The adoption of digital ID technologies in Pakistan’s financial system is growing, but there are still some obstacles in both…

 

Australian bank regulator urges more work on biometrics in ePayments Code

The Australian Securities and Investments Commission (ASIC) has denied Australian banks the changes they sought to the ePayments Code due…

 

NIPOST plans biometrics, agency banking system to push Nigeria financial inclusion

The Nigerian Postal Service (NIPOST) is making contributions to the country’s financial inclusion efforts in the form a biometric registration…

 

FacePhi certified for cybersecurity compliance for all Spanish banks

Spain’s FacePhi has been certified by a Spanish banking association for its cybersecurity and information security credentials, which qualifies FacePhi…

 

Digital identity is crucial for targeted sanctions

Sanctions are a diplomatic action that governments and businesses can take to defend against threats of war. Digital identity is…

 

Comcorp’s Curata face biometrics selected by South African credit bureau

Remote onboarding and fraud prevention software provider Comcorp’s anti-fraud identity biometric solution has been selected by South Africa’s TPN Credit…

 

Strength in partners and a maturing biometric payment cards ecosystem

The ramp up to widespread mass market adoption of biometric payment cards will take substantially less than the time it…

 

Fintech-focused biometrics and KYC partnerships, new platforms unveiled

Face biometrics providers continue to rapidly sign up new customers and partners for technologies to support remote customers, with FYNXT…

 

Expansion of biometric payment cards into European banks and fintechs continues

Swedish challenger bank Rocker partners with Idemia and Idex Biometrics to push out a biometric payment card, while Zwipe helps…

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