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.

 

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…

 

CIC closes funding round

Communication Intelligence Corporation (CIC), a leading supplier of electronic signature solutions and biometric signature verification products, announced a new round…

 

BBC World News Horizons explores how biometrics are being used to protect identities and improve security

The Eighteenth episode of the BBC Horizons series is headed to India to take a look at how the Unique…

 

Biometric Research Note: Systematic process needed to implement government eID programs

Governments are under increasing pressure to effectively identify individuals and safely secure their borders. Accurately issuing and verifying the integrity…

 

Biometric Research Note: Market for electronic identity cards projected to grow

The Biometrics Research Group expects the market for electronic identity (eID) cards to reach US$5.2 billion by 2015. With the…

 

Morpho makes European bankcard manufacturing acquisitions

Morpho announced the signing of an agreement with American Banknote Corporation to acquire its subsidiaries CPS Technologies SAS, a leader…

 

Opus Research recognizes Nuance for voice biometrics solutions

Nuance Communications announced that the company has been recognized by Opus Research as the world’s leading provider of voice biometrics…

 

IriTech teams with Texas Instruments on iris recognition camera

IriTech, Inc. has teamed up with Texas Instruments to unveil the IriShield iris recognition camera powered by TI’s TMS320C6748 DSP…

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