BioCatch launches behavioral biometrics for PSD2 compliance
BioCatch has reached the implementation stage with its behavioral biometric solution for compliance with the Strong Customer Authentication (SCA) requirement of…
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.
Contactless boom carves out biometric payment cards opportunity, FPC sees France leading
Contactless payment card transactions spiked from $1.7 billion in 2020 to $2.5 billion in 2021, with cards making up 79…
Too much data and not enough fraud prevention; biometrics and micro-identities could help
More consumers see one-time passwords, two-factor authentication and answering ‘secret’ questions as providing both security and convenience than biometrics, according…
UN-supported digital ID, KYC project to boost financial inclusion in Malawi
A project to help the Reserve Bank of Malawi (RBM) put in place a unified database of digital ID and…
Top manufacturers consider Zwipe, Idex Biometrics’ platforms for payment cards
A global ‘Tier 1’ smartcard manufacturer is evaluating Zwipe Pay ONE for in-house biometric payment card manufacturing after receiving a shipment…
Consumer digital identities need more privacy protections, says Mastercard Exec
Executive Vice President of New Digital Infrastructure and Fintech at Mastercard, Robert Schukai, laid out a need for better privacy…
Thales pitches issuers on biometric payment cards
Thales is up to 20 biometric payment card projects, and is touting the readiness of the technology, which has already reached…
Retail and commercial banks need to enhance digital security to safeguard clients
By Gur Geva, Founder and CEO of iiDENTIFii Now more than ever, the need for improved data security within financial…
Japanese University partners with Glory on facial recognition payment trial with mask detection
Kindai University in Osaka, Japan, has partnered with artificial intelligence (AI) firm Glory to test a new facial recognition-powered payment…
Increasing adoption of biometric ATMs but customers need better education on benefits
A growing number of publications and market research firms are releasing reports about the growing relevance of biometric technologies in…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection