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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.

 

Idex accelerates biometric payment cards time to market

Match-on-card biometric user verification for card payments seems to be going from strength to strength. Lebanon and Iraq are the…

 

Veriff supplies selfie biometric onboarding, fraud protection for global employee platform

Veriff’s selfie biometrics and fraud prevention technologies will be offered as an additional layer of safety and security for customers…

 

Mantra Softech, Amazon, and PopID biometrics for retail payments advance

Mantra Softech is deploying almost 25,000 of its mTerminal100 biometric devices across various businesses in Uttar Pradesh after winning a…

 

D4t4, BioCatch update behavioral biometric platforms with new anti-fraud capabilities

D4t4 Solutions has unveiled a new version of its behavioral biometrics Celebrus Fraud Data Platform (FDP) on occasion of Fraud Awareness…

 

Why financial institutions need a multi-layered security approach to survive the digital transformation

By John E. Ahrens, CEO of Veratad Technologies In August 2003, hackers breached Yahoo’s secure personal records, impacting 3 billion…

 

Hypr deploys passwordless authentication for UK bank, expands executive roles

Hypr has announced the appointment of Co-founder and CTO Bojan Simic as its permanent chief executive officer, and Roman Kandinsky as…

 

PhilID biometrics registration passes 40M, considered for Filipinos living abroad

The Philippine Statistics Authority (PSA) is considering extending its Philippine ID (PhilID) program to Filipinos living and working abroad, according…

 

ETF launches for biometrics firms and others building cashless payment infrastructure

An Irish investment tracking fund focused on environmental and food companies has announced a third focus: cashless payments. Rize ETF,…

 

UK firms do a lot of manual authentication. Is there a better practice?

Eyeballing documents for forgeries is still a surprisingly common practice given the resources at forgers’ disposal. Even moreso as digital…

 

New partnerships, face and iris biometric payment systems for PopID and PayEye

PopID has entered a new partnership with SoftBank’s subsidiary Japan Computer Vision (JCV) and Wendy’s First Kitchen (WFK) in Japan,…

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