New tools and customers unveiled for biometric onboarding and anti-fraud applications
A number of selfe biometrics providers have each expanded their digital identity verification product and customer portfolios to improve onboarding…
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.
Sri Lankan government partners for biometric KYC, authentication
Seylan Bank has announced a partnership with the Department of Pensions of Sri Lanka which seeks to expedite the process…
Biometric payment cards: Zwipe’s latest market, FPC offers guidance for banks
Biometric payment cards – whether plastic or metal – are on course to become mainstream in 2022, as various companies…
Trulioo selfie biometrics secures 4 new banking customers
Trulioo added four new customers in the banking industry to its biometric identity verification service, according to a statement made by…
D4t4 behavioral biometrics trigger automated fraud action with partnership extension
The partnership between D4t4 Solutions and Quantexa, which provides customer lifecycle management and AML services, is expanding with a new…
Winning.I, Svort each launch biometric IDV initiatives for remote govt, financial services
South Korean biometrics and fintech authentication firm Winning.I has announced a national development research project for a non-face-to-face identification system…
Digital ID fraud mostly through web channel in 2021: Shufti Pro report
The overall digital identity and financial fraud rate leapt to 37 percent of attempted transactions in 2021, from only 20…
Alfa-Bank integrates Smart Engines OCR into banking app
Alfa-Bank has integrated Smart Engines computer-vision document scanning capabilities into its mobile banking app enabling customers to now update their…
Japanese city tests face biometric payment solution that works with health masks
A contactless biometric payment system that works with health masks has been deployed as part of a pilot project in…
AlphaPoint and Chivo partner on biometrics-enabled national Bitcoin wallet for El Salvador
National crypto wallet Chivo and the El Salvador government have partnered with white label exchange infrastructure provider AlphaPoint for services…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection