TransUnion sees fraud attempts rise 24 percent among its customers globally
The global rate of suspected financial-services digital fraud attempts among TransUnion customers rose 24 percent in the first four months…
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.
India’s digital wallets to get transfer boost and incentives for KYC
Digital payment wallets could be bolstered in India following changes to allow interoperability between wallets as long as users are…
Enacomm and REDi partner on biometric fraud control
Enacomm and REDi have entered a new partnership to develop biometric solutions for fraud control and prevention. As part of…
Biometric payment cards can help banks build customer base post-COVID, says FPC
In a recent episode of On the Pulse, Fingerprint Cards (FPC) executives outlined how banks can better target consumer bases…
Nigeria on course with digital banking drive as smart addressing system suggested for KYC
Efforts to digitize Nigeria’s banking and payments landscape are taking a somewhat significant step forward, and realities on the ground…
Visa expands partner program with biometrics for digital-first payments experience
The Visa Fintech Partner Connect program, already launched in Europe to help financial institutions select key technologies for digital-first experiences,…
Biometric payment cards on the rise as contactless forecast to dominate
Payment cards, and contactless ones in particular, will dominate the banking scene until at least 2025, according to the latest…
PhilSys digital ID enables 2.4M new financial inclusion accounts
More than 2.4 million unbanked registrants to the Philippine Identification System (PhilSys) national digital ID have signed up for LandBank…
Philippines begins ID cards delivery, plans biometric KYC launch by year end
Digital ID cards are now being distributed to Filipinos who have completed the biometric phase of registration with the Philippines…
Face biometrics provide operational efficiency opportunity for banks, Telpo says
Banks have an opportunity to improve their business efficiency, reduce errors and improve customer satisfaction by deploying face biometrics, according…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection