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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.

 

Contactless biometrics roll out for advanced payments and secure access, despite masks

The top themes of the week in biometrics news are facial recognition for facility security, identifying people wearing masks, and…

 

Biometric payment tools deployed by PayByFace, Wee Digital, PayEye, and Fujitsu

The pandemic has seen a proliferation of contactless biometric payment systems, designed to limit physical contact between merchants and customers,…

 

Swedish challenger bank to launch biometric payment cards with partners Idemia and FPC

Idemia has partnered with Swedish fintech and challenger bank Rocker to issue F.CODE biometric payment cards to the bank’s customers in…

 

Mastercard releases biometric payment card FAQ, Sentry shows off access control card

Mastercard has produced an FAQ to answer a dozen frequently-asked questions about biometric cards, as it pitches issuers and prepares the…

 

Methods for enrolling fingerprints to biometric payment cards pitched by providers

From promotional materials released by players in the biometric payment card ecosystem to the spotlight at the Asia-Pacific Smart Card…

 

Zwipe partners on biometric payment cards with bank solutions provider VeriTech

Zwipe has formed a partnership to advance its biometric payment card technology in Kuwait and across the Middle East with payment…

 

Digital ID increasingly critical to people and businesses, webinar panel suggests

National and digital IDs can impact the lives of individuals while benefiting consumer-facing companies, attendees of the webinar ‘Simplifying Transactions…

 

Intellicheck CEO urges businesses to step up authentication as online fraud increases

The CEO of digital identity solutions firm Intellicheck, Bryan Lewis, has urged banks and retailers to improve their security measures…

 

Idex says biometric cards need quality fingerprint enrollment, how to achieve it less clear

The biometric enrollment processes selected by issuers need to be informed by their overall strategy for the new product, an…

 

Biometric onboarding expands with Trulioo and nextAuth partnerships

Digital banking service provider Credit Sesame announced a new partnership with Trulioo to deploy its GlobalGateway identity verification with facial…

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