Financial Services

Financial service biometrics refers to biometric systems used to aid in the flow of money. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as mobile wallet applications and cash transfer systems.

 

Biometric Verification Mandatory for Nigeria Bank Customers

A new “know-your-customers” exercise will commence by the Central Bank of Nigeria on September 1, 2012.  The exercise aims to adopt…

 

Smart Card, Fingerprint Reader Launched for iPhone

Precise Biometrics recently unveiled its Tactivo product. The Tactivo is a smart card and fingerprint reader designed for the iPhone….

 

Spanish Hotel to use Fingerprint Payment System

The Ushuaia Ibiza Beach Hotel in Spain has begun a trial of PayTouch, the world’s first fingerprint payment system. Instead…

 

Iris Id Technology From Morpho Ranks Most Accurate In NIST Test

Morpho Trust USAcame out the overall winner by beating out the competition in a series of tests conducted by the…

 

West African Micro Credit Bank Chooses M2SYS Fingerprint Biometrics

To sustain customer trust in the banking system, ASMAB is adapting the M2SYS Hybrid Biometric Platform technology that uses fingerprint…

 

NFC phones, tablets with fingerprint security expected later this year

Authentec has designed a new fingerprint sensor called AES2750 that will be used by near field communication (NFC) phone and…

 

Aware Provides Biometrics Software and Services for Three Large-Scale Border Management Systems

Three large-scale border management systems in Europe, Middle East and North America will be using biometrics software and services by…

 

Purdue Pharma Adopts Realtime BioLock System

Realtime North America’s bioLock system has been incorporated into Purdue Pharma’s SAP enterprise system. The resulting system allows verification of…

 

CSC Teams with Daon to Launch Multifactor Identity Authentication Offering for Banking

CSC has paired up with Daon, a leader in biometric authentication technology, to launch ConfidentID Mobile. The biometric identification service…

 

Angel Integrates IVR Into LexisNexis Identity Proofing And Voice Biometrics Solutions

Cloud-based customer engagement management provider, Angel, has recently announced that their interactive voice technology has been integrated with LexisNexis to…

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