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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.

 

Cognito selected for digital identity verification by corporate compliance platform

Code-less identity verification expert Cognito has been selected by corporate compliance platform Meow for its online digital identity verification solution….

 

Zwipe plans biometric payment card launches in two regions, signs manufacturing deal in a third

Zwipe has reached new deals with partners in Mexico, Lebanon and India to manufacture and pilot biometric payment cards, the company…

 

Austriacard acquires Nitecrest, prepares to take biometric payment cards worldwide

A newly-structured grouping of card manufacturers and personalizers intends to use its strong position in Europe and the UK to…

 

Five face biometrics partnerships and big ambitions revealed

As the use of selfie biometrics and digital identity diffuses across more sectors and parts of life, the number of…

 

Enacomm partners with PSCU to deploy mobile authentication solutions for US credit unions

Enacomm has concluded a partnership with PSCU, a major credit union service organization in the United States, to offer customers…

 

Mastercard, Thales and FPC supply biometric payment card launch in Poland

Bank Pocztowy in Poland is the latest to begin issuing biometric payment cards to its customers, following a trial conducted…

 

Surprisingly low-tech attacks on high-tech biometrics systems

Not all biometric fraud is a complex coding job taken on by international cybercriminals. Sometimes it is someone nearby staring…

 

Could biometrics bridge the financial exclusion gap?

Exploring the scale of financial exclusion and the intrinsic issue of digital identities, Simon Binns, Chief Operating Officer at FinGo,…

 

Zwipe biometric payment cards could be coming to North America, Egypt starts trials

The latest destinations have emerged for potential deals to launch Zwipe’s biometric payment card. Issuers in North America may soon…

 

Customer experience is shaping the usability of biometrics in banking

By Ján Lunter, the Founder and CEO of Innovatrics  The rapid acceleration of technology adoption and rising customer expectations over the…

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