Pakistan launches digital wallet for financial inclusion on back of biometric SIM registry
Pakistan’s government has unveiled a plan to bring 50 million people into the financial system by leveraging the country’s biometric…
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.
Fourthline, INTERPOL and AML collaborators identify 18K money mules
A crackdown on money laundering in Europe by a Europol-coordinated group and utilizing Fourthline’s digital identity and fraud prevention technologies…
Trulioo wins six more cryptocurrency customers for biometric KYC, identity verification
Trulioo has signed up six cryptocurrency-related customers around the world for its GlobalGateway global identity verification platform. The service will…
Raiffeisenbank adds Smart Engines’ computer vision to mobile apps for QR code scans
Users of Raiffeisen Online Russia’s mobile applications for Android can now use a QR code to make money transfers, pay…
Banks deploy selfie biometrics from Aware, FacePhi for remote onboarding
Turkish bank Garanti BBVA has selected Aware’s Knomi to provide biometric remote customer onboarding to help it reach new customer…
Face biometrics for payments advancing in Japan
A facial recognition payment project in Japan that began in a regulatory sandbox at least three years ago has blossomed…
ExtoLabs unveils biometric card for secure offline transactions, African business line
ExtoLabs plans to roll out ExtoPay, a biometric card system which can be used by consumers or merchants even without…
Mastercard launches biometric credit card in Jordan with Thales, FPC technology
Mastercard has partnered with Jordan Kuwait Bank to launch Jordan’s first biometric payment card and the first World Elite brand card…
SimplyPayMe integrates Smart Engines OCR into payment app
Smart Engines has entered a new partnership with payments company SimplyPayMe to integrate its computer-vision document scanning capabilities to support…
Trulioo adds digital ID verification service to up financial inclusion for U.S. students
Trulioo has added the U.S. Student Record to its GlobalGateway age and identity verification services, now making it possible for…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection