New identity checks reshaping US federal student aid
The U.S. Department of Education (DoE) publicly credited enhanced identity verification measures with preventing more than $1 billion in attempted…
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.
Shanghai and Singapore unveil cross-border online business registration
A fully online business registration service built on the Shanghai–Singapore cross-border digital trust framework has launched. The service is designed…
Gabon pens deal with UNCDF to accelerate financial inclusion
The United Nations Capital Development Fund (UNCDF) has agreed to support Gabon in modernizing its national financial services ecosystem and…
Regulatory software platform Smouse acquired by Namirial Group
Namirial, an Italian digital identity company managed by Bain Capital, PSG Equity and Ambienta SGR, has signed an agreement to…
Ethiopia banks harmonize customer account information with Fayda digital ID
The National Bank of Ethiopia (NBE) has issued a directive calling on all banks and financial institutions under its control…
Socure acquires Qlarifi to stake claim in growing Buy Now Pay Later market
U.S. digital identity firm Socure has acquired Qlarifi, a UK-based Buy Now Pay Later (BNPL) consumer credit database that monitors…
Cross-border merchants tap into Brazil’s Pix with Biometrics payment
Cross-border payment platform dLocal has launched Pix with Biometrics, a new authentication flow introduced by Brazil’s Central Bank. The feature…
TransUnion enhances Device Risk system to tackle rising virtual machine and bot‑driven fraud
TransUnion has unveiled a major upgrade to its Device Risk platform. The company says the enhanced system gives businesses far…
India drives last-mile financial inclusion with post office modernization
India says it has rolled out an indigenous system it developed with the goal of facilitating banking services at post…
Innovatrics expands investment into fintech by backing an AI financial advice platform
Innovatrics’ venture arm has announced a new investment in AI-based financial advice service Dalinora, expanding the biometrics company’s reach further…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection