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.

 

Seniors in Trinidad and Tobago to use biometric smart cards to access benefits

Seniors in the Republic of Trinidad and Tobago will soon be able to use their biometrics to access social benefits,…

 

Biometric smart cards for prisoners in India

The Ministry of Home Affairs prisons department in India is set to introduce a smart card for all prisoners, which…

 

Citibank launches smart ATMs with biometric capabilities in Asia

Citibank has just announced the launch of “Citibank Express,” an ATM with biometric capabilities for customer identity authentication. According to…

 

Bridge Community Bank adopts TASCET biometric identification and verification system

Bridge Community Bank has announced it is adopting the TASCET Financial ICONN privacy solution to streamline the banks online and physical customer…

 

60 million eIDs yet to be delivered in Indonesia

The Indonesian Home Ministry has said that the government is waiting for a contracted vendor to finish work on more…

 

Biometric Research Note: Biometrics projected to cut bank operational risks by 20 percent

The Biometrics Research Group projects that the implementation of new biometric technologies in the banking industry has the potential to…

 

Biometrics Conference in Istanbul to take place May 29-30, 2013

Istanbul’s Biometrics Conference is set to take place May 29-30, 2013 in Istanbul and promises to tackle many of the…

 

Indian Finance ministry plans biometric ATMs

In an attempt to encourage greater Aadhaar enrollment, the finance ministry in India has asked all public sector and rural…

 

TSYS provides biometric support for India’s Saral Money program

TSYS has announced its technology is used to authenticate account holders for India’s new Saral Money program, which strives to give…

 

BioEnable Technologies launches newest biometric kiosks

BioEnable Technologies has announced the launch of its newest-generation Biometric Kiosks with a new range of features for identification and…

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