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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.

 

Visa selects Callsign to deliver behavioral biometrics, device intelligence

Visa has recently announced the selection of Callsign as its main behavioral biometric and device fingerprinting solutions provider. The new…

 

Socure, Onfido and Trulioo crack CB Insights’ Fintech 250

Three biometrics providers have cracked the CB Insights Fintech 250 list for 2021, with Socure, Onfido and Trulioo all represented on…

 

Biometric payment cards see new tech, new uses and new names

Biometrically-authenticated payment cards look set to become the next piece of biometric kit in people’s pockets worldwide. Idemia is developing…

 

BioCatch launches behavioral biometrics-based Age Analysis to protect elderly from fraud

BioCatch has launched behavioral biometrics software to help prevent fraudulent account openings targeting the elderly and vulnerable. The new solution, Age…

 

Timor-Leste to launch iris biometrics payments with IrisGuard, EyeTrust partnership

Biometric technology from IrisGuard and EyeTrust LDA is bringing iris authentication and payments to Timor-Leste which will allow those enrolled to…

 

User-centric digital ID, biometric KYC policy model proposed by financial inclusion group

The Alliance for Global Financial Inclusion (AFI-Global), a policy leadership alliance led by member central banks and financial regulatory institutions,…

 

Socure hits customer milestone as selfie biometrics providers disclose deals

A number of firms providing selfie biometrics for identity verification and know your customer checks have shared updates, with Socure…

 

Consumer trust loss could be behavioral biometrics’ gain, Callsign survey shows

The behavioral biometrics market will surge to $9 Billion by 2031 on a 20 percent compound annual growth rate, according…

 

Visa vulnerability in Apple Pay allows biometrics bypass for fraudulent payments

UK scientists found a vulnerability in the Express Transit mode for iPhones which allowed them to fool iPhones via a…

 

Thales wins biometric bank card deal, Zwipe partners on payments, hybrid ID cards

Jordan Kuwait Bank has selected Thales to supply biometric payment cards for contactless EMV transactions. The fingerprint-enabled cards will be…

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