FB pixel

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.

 

4 ways credit risk differs from fraud risk

Guest post by Beth Shulkin, VP of Global Marketing at Ekata Determining an individual’s credit risk is not the same…

 

Market ready for biometric payment cards, but enrollment challenges remain: APSCA panelists

The technology for biometric payment cards is nearly ready, but the ecosystem is still maturing, and how enrollment will work…

 

Mastercard, Thales and Idemia promote biometric payment cards’ easy enrollment

Companies developing biometric payment cards are hard at work exploring their benefits, potential alternative uses, and their enrollment processes in…

 

Financial service companies sign up biometric authentication for secure remote access

HYPR, FacePhi, Entersekt and Access Softek have each signed up new partners in the financial sector for improved remote authentication…

 

TruNarrative, Nethone partnerships extend behavioral biometric verification to AML and crypto

TruNarrative is partnering up with business verification data firm kompany on anti-money laundering (AML) compliance to combine fast registry checking…

 

Fingerprint Cards collaborating on biometric payment cards for India with M-Tech

Fingerprint Cards and leading Indian smartcard manufacturer M-Tech are collaborating on the launch of contactless biometric payment cards for the Indian…

 

Fingerprint Cards biometric payment technology passes testing for UnionPay card standards

The second-generation T-Shape biometric sensor module (T2) and the FPC-BEP software platform for payments from Fingerprint Cards have successfully completed an…

 

Biometric payment card market outlook buoyed by abrupt turn to contactless in the US

When last Biometric Update spoke to Idex Biometrics CEO Vince Graziani, he was fairly new to the position, and speculation…

 

Two in three prefer biometrics to MFA for online retail, FIDO Alliance research reveals

A new survey conducted by the FIDO Alliance in the UK has revealed a significant loss in sales for retailers…

 

Large Finnish bank pilots biometric card based on Zwipe platform

Zwipe Pay ONE is being used in a biometric payment card pilot with Finland’s OP Financial Group through partner TietoEVRY. OP…

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events