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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.

 

Solving world poverty with cryptocurrency and a silver ball-shaped iris biometric scanner

Digital technology that promises to change the world is quickly being replaced, it seems, by tech that enrages at least…

 

Selfie biometrics providers differentiate with UX upgrade, new way to pay

With businesses and public institutions scrambling to onboard remote users with biometrics, Shufti Pro has upgraded its user experience, and…

 

Phonexia suggests use of voice biometrics to tackle vishing

Phonexia has published a blog post highlighting how voice biometrics can be used to mitigate the risks of vishing (voice…

 

Selfie biometrics top digital onboarding methods for younger people

Digital onboarding with selfie biometrics and ID documents is a favored method of younger people, according to research from Onfido,…

 

FacePhi face biometrics secure onboarding to Nigerian military pension system

FacePhi has partnered with Afrilight Technologies to introduce its face biometric authentication in Nigeria, under a program to facilitate pensions collection…

 

Zwipe signs new MEA partner, brings biometric payment cards to Bangladesh market

Zwipe has announced a new partnership with Network International, a group of companies working towards the adoption of digital commerce…

 

Biometric payments on the rise, with face, iris, and fingerprint recognition deployments

Several companies have released new biometric payment platforms or unveiled new projects and data this week. Veritran unveiled a new…

 

Digital ID providers extend technology to support compliance with financial regulations

Several digital identity technology providers have reached new agreements to extend their software and services to help businesses meet financial…

 

Flywallet closes second Seed round to advance biometric wearable platform

Flywallet has successfully closed a second Seed financing round to bring its ‘biometric wearable platform as a service’ to market, with…

 

Experts in TFT webinar urge smarter digital ID to combat fraud

A recent webinar organized by The Fintech Times (TFT) explored how digital identity solutions can be used to tackle the…

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