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.

 

Biometric Research Note: Asia to lead growth in biometric banking applications

Identity theft and identity verification has begun to fuel growth for biometric applications in the banking sector. Biometric technologies are…

 

FingerTec USA announces new facial recognition technology and fingerprint scanner

FingerTec USA has unveiled its newest facial recognition technology offering, the Face ID 4 and the OFIS Gateway fingerprint scanner….

 

African Bank uses Muvoni biometric solutions to combat fraud

Muvoni Biometric & Smartcard Solutions has partnered with African Bank to combat identity fraud with biometrics. The company says it…

 

Aadhaar number holders can now update demographics online, but NPR-Aadhaar duplication remains an issue

The Unique Identificaiton Authority of India has launched a new web portal allowing Aadhaar number holders to correct or update…

 

Biometric Research Note: Indonesia most advanced adopter of eID credentials

Implementing a biometrically-enabled identification card in Indonesia, the country with the fourth largest population, has been a vital step in…

 

Fingerprint Cards secures massive Chinese order worth US$2.9 million

Sweden-based biometric authentication components and technology company, Fingerprint Cards (FPC) has just received an order worth US$2.9 million for the…

 

Belkin gets FIPS 201 certification for card reader

Belkin Enterprise, a leading manufacturer of electronic peripherals and devices for consumer, business and government markets has recently announced that…

 

Russia’s Leto-bank looks to deploy ATMs with fingerprint authentication

Leto-bank, a subsidiary of Russia’s VTB, plans to deploy ATMs equipped with fingerprint scanners to authenticate its customers when banking…

 

NAB opts for voice biometrics, looks to consumers to dictate expansion

The National Australia Bank (NAB) has opted to use voice recognition for the biometric authentication of its customers rather than fingerprinting,…

 

Medbox sees stock rise over 3000%, bumping market cap significantly

Medbox, a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medication and…

Most Read This Week

Featured Company

Biometrics Research

Biometrics White Papers

Biometrics Events

Explaining Biometrics