First AML raises $21M for global expansion of biometric verification in Series B
New Zealand-based anti-money laundering firm First AML, which also provides biometric identity verification, has raised NZ$30 million (US$21.4 million) in…
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.
Biometric authentication dramatically cuts flow of smuggled USD into Afghanistan
Mandatory biometric authentication for large cash withdrawals in U.S. dollars have caused the volume of dollar-buying on the open market…
NZ selfie biometrics startup funding, re-usable digital ID launch to growing IDV market
Biometric onboarding and identity verification providers continue to draw funding and bring new products to market, as with APLYiD in…
VerifyMe Nigeria’s VeriFind surpasses 200K address verifications for KYC, AML in 2021
VerifyMe Nigeria says it has conducted over 200,000 Tier III digital address verifications this year using its real-time digital ID…
Biometrics use in Turkey expands from migration system to ATMs
Turkey is the legendary link between Europe and Asia and has become a bottleneck for migrants fleeing crises in the Middle…
Updates for financial biometric operations announced in U.S. and Bangladesh
Financial regulators in the United States and in South Asia this week committed to greater protection for the biometric identifiers…
Biometric payment cards poised to go global as Fingerprint Cards receives ‘top 3’ company order
Fingerprint Cards has received an initial order for the latest generation of its T-shape biometric sensor module from one of the…
Roselectronics to supply biometrics for Russian street-level public transport
Rostec State Corporation’s holding company Roselectronics will start the development and production of biometric systems for ground public transport in…
Philippines seeks financial inclusion, digital ID expected to reach 50M this year
Filipino authorities have projected that up to 50 million citizens will be registered for the biometrics-embedded PhilID card by the…
FacePhi, Veritran launch biometric KYC tools into expanding identity verification market
The identity verification market is set to more than double over the next four years, according to a new report…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection