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.


Ingenico deploys fingerprint payment system to Carvajal Tecnología Servicios

Ingenico and Carvajal Tecnologia y Servicios have announced a partnership for the deployment of Igenico’s biometric solution in Colombia and the Dominican…


Global Payout, ImageWare Systems ink agreement for biometric SaaS platform

Global Payout and ImageWare Systems have signed an agreement which will see the two companies combine forces and introduce ImageWare’s GoCLoudID SaaS…


Redsis, Fulcrum Biometrics deploy biometric banking system in South America

Redsis Corporation has announced a series of its biometric software to the banking industry in South America along with Fulcrum Biometrics….


NXT-ID files patent application for biometric wallet technology

NXT-ID has announced that it has submitted a patent application for its digital wallet technology – the Wocket. “Rather than attempting…


BNZ uses facial recognition to let customers know how they feel about their finances

The Bank of New Zealand is using face and emotion recognition to let customers know what scares them about their own…


SmartMetric plans North American launch for fingerprint EMV payment card, loses patent suit

SmartMetric is about to launch its fingerprint-activated biometric payment card for use in North America. The card, which the company says…


DigitalPersona acquires Identity Stream

DigitalPersona has just announced its acquisition of Identity Stream. Identity Stream uses fingerprint biometrics to identify customers in financial institutions. Its…


Voice belongs in the multi-factor mix: Opus report

Opus Research and Validsoft have just published a new research report on mobile commerce and authentication, arguing that voice biometrics belongs in…


Argentinian bank wins award for disbursement project with Lumidigm sensors

Lumidigm has announced that Banco Supervielle, a major Argentinian bank, has won an innovation award for a biometric identification project, which leverages…


MasterCard to join FIDO Alliance

MasterCard will join the FIDO Alliance, but the major financial services company doesn’t want you to know about it … yet….

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