Biometrics and strong authentication for financial services explored in FIDO event
Consumers have begun to understand the benefit of biometrics and stronger authentication, Javelin Strategy and Research analyst John Buzzard told…
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.
Goode forecasts biometrics on 1 in 5 payment cards by 2026, Idex and Zwipe partnerships paying off
Technology challenges and the pandemic have combined to push the biometric payment card market back by two to three years,…
PopID brings face biometrics to automated restaurants for fast, contactless payments
Automated pizzeria-maker Piestro has partnered with PopID for an easier, safer and faster face biometrics-based payment solution for artisanal pizza lovers….
Financial services firms to feds: You could complete us (with digital ID)
The financial services industry wants the federal government to do something — almost anything — to give consumers confidence in…
Can increasing consumer interest in biometrics stem $43B lost to digital identity fraud in 2020?
The 2021 edition of the Identity Fraud Study was released by Javelin Strategy & Research, revealing $56 billion of…
ID R&D face biometrics and passive liveness support ambitious Latin American payments startup
Payface is bringing payment with face biometrics to retailers in Latin America through the integration of any Android device with…
Biometric cards user experience, potential markets touted by Fingerprints, Idex Biometrics, TietoEVRY
BNP Paribas biometric payment card The global contactless payments market is expected to skyrocket from $11.2 billion in 2019 to…
IDmission biometrics and liveness added to Enacomm stack for fintech onboarding
Enacomm has formed a partnership agreement with IDmission to bring biometrics and other AI technologies to Enacomm’s fintech customers for…
Biometrics considered for mobile payment in Central Africa, rolled out at FCMB ATMs in Nigeria
The Bank of Central African States (BEAC) is considering implementing biometrics for mobile payment account holders, in partnership with local…
iProov face biometrics deployed in OCBC ATMs in Singapore pilot
Singaporean Bank OCBC has introduced face biometrics to eight of its ATMs to trial the authentication method for a larger…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection