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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.

 

Feedzai adds behavioral biometrics to fraud prevention platform with Revelock acquisition

Revelock has been acquired by Feedzai to integrate its advanced behavioral biometric platform into what the latter says will be the…

 

Zwipe books biometric payment card deal worth more than last two years’ revenue

Zwipe has booked a $1.9 million deal to supply its Zwipe Pay ONE biometric payment card technology to Beautiful Card Corporation…

 

Integrated Biometrics supplies fingerprint scanners at 460 payments locations in Uruguay

Uruguayan payments and collections provider Redpagos has selected Integrated Biometrics’ fingerprint technology to verify the identity of its customers at…

 

Face biometrics tested for payments in Moscow Metro, banking in Japan

The Moscow Metro transport system has begun testing its Face Pay biometric fare payment service with 1,000 users to provide…

 

Tech5 positions biometric platform for Indian payments market with NPCI challenge win

Tech5 has won a challenge giving the company an opportunity to gain a substantial foothold within India’s biometric retail payments and…

 

Fortress Identity launches new biometric payment platform, upgrades digital ID tools

Fortress Identity has updated two of its digital ID-focused tools, as well as releasing FortressPAY, a new biometric payment platform….

 

Credit unions adopt biometrics from Access Softek, Enacomm and Nuance

Financial services solutions provider Access Softek has recently unveiled two separate biometrics partnerships. The first one, with Enacomm, will see…

 

Ready for handling Metaverse biometric data?

If or when the internet transitions into the Metaverse — something Facebook is already working towards — the amount of…

 

Canada shied away from national digital ID in 2019; SecureKey suggests a different path

The Canadian government considered developing a national digital ID system two years ago, but ultimately shelved the idea with little…

 

Financial services customers pick biometrics from FaceTec, TruNarrative, Sumsub, SecureKey

FaceTec, TruNarrative, Sumsub and SecureKey have each won customers among financial services companies or their technology providers to implement biometric…

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