Zoloz biometric authentication deployed in Philippines financial inclusion push
CIMB Bank Philippines and Ant Group spin-off Zoloz have reached a deal for the deployment of the latter’s biometric authentication…
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.
Selfie biometrics implemented for tax credits, loans, could protect an endangered species
Selfie biometrics are being used for identity verification by a wide range of applications, from online government services supported by…
FDIC launches digital identity-proofing initiative, LexisNexis reports even higher fraud costs
The U.S. Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) have jointly announced a new initiative…
Selfie biometrics launched for DeFi by Idemia and Haventec, open banking by HooYu
A decentralized blockchain ecosystem for decentralized finance, secured with facial authentication for biometric identity verification, is being launched by Australian…
Ondato enhances capabilities for greater KYC, AML compliance
Businesses using Ondato’s KYC compliance management solution will now find it easier to avoid falling into the trap of KYC…
Brazilian facial recognition payment startup joins Mastercard accelerator program
Payface, an up and coming facial recognition payment firm in Brazil has been selected among eight other companies for the…
DigiDoe raises $1M for cardless, no-phone biometric payments
London-based biometric payments startup DigiDoe has recently announced an £850,000 (roughly $1.15 million) investment led by Joint Journey. The company…
TendedBar to expand automated drinks and biometric payment service with $5M fundraise
TendedBar, which is partnered up with Trueface to provide biometric payments, has raised $5 million in a Series A funding round…
Spanish bank signs up for FacePhi selfie biometrics to simplify loan access
FacePhi has provided its ID document and selfie biometric checks for onboarding to numerous Spanish customers, and for financial services companies…
Biometric payment card market forecast for 155 percent CAGR through 2026
If 2021 was the year for technological developments for biometric payment cards, it is becoming clearer how big the iceberg…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection