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.

 

Diebold, Tracom launch biometric ATMs in Kenya

Diebold, along with Kenya’s Tracom Services, have jointly launched a new line of fingerprint ATMs in Nairobi, in an attempt to curb…

 

Nigeria’s Central Bank says ATMs, POS will be biometric by 2015

Debit cards could soon be obsolete in Nigeria. The Central Bank of Nigeria is set to introduce biometric authentication for point-of-sale…

 

IBM, ICS and Sunnet Systems look to bring iris recognition to banks in Ghana

Reports are emerging to suggest that biometric banking will soon be introduced in Ghana, through a strategic collaboration of International…

 

Getin Bank turns to Hitachi finger vein technology for authentication

Poland’s Getin Bank has announced that it is implementing Hitachi’s finger vein biometric authentication system in its new branch network….

 

Researchers find biometrics a popular choice for security-conscious shoppers

New research from WorldPay suggests paying for goods and services through fingerprint, palm and iris scanners is the most popular…

 

Summer Nights festival adopts Nexus Smart Pay system

Nexus Smart Pay has announced that the Summer Nights festival has adopted the company’s unique biocryptology payment system for select beer…

 

Boston University introduces CBORD biometric turnstile and ID card system

Boston University has announced that it is now using a biometric ID card system from CBORD on its campus. Specifically, the…

 

Gemalto to deliver biometric smart card tech for micro-banking project in Bangladesh

Gemalto is providing a smart card solution to a micro-banking project in Bangladesh. Specifically, Gemalto will deliver the smart card technology…

 

Sindh High Court orders SIM card sales to be biometrically verified in Pakistan

SIM card sales and the biometric identification and verification of buyers are back in the news in Pakistan. The Sindh…

 

Natural Security boasts results of biometric payment pilot test in France

Natural Security has just announced the results of a massive pilot test in France for a new method of payment, which…

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