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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.

 

Aadhaar biometrics could support financial inclusion through fintechs

The biometric de-duplication capabilities of Aadhaar and the account aggregation capability of the Reserve Bank of India (RBI) could enable…

 

Nice launches voice biometric fraud prevention solution, Enacomm partners with Boku

Nice and Enacomm have launched new solutions to enable their users detect and prevent fraudulent operations using more enhanced methods….

 

Irish initiative seeks privacy-focused digital identity, AU10TIX verifies ID for Uber cash payments

The Emerald Consortium has unveiled the Emerald Project, a plan to foster the adoption of digital identity credentials for routine issuance…

 

Research suggests 3 in 4 Swedes want biometrics on next card

A new report compiled by software provider TietoEVRY and biometric technology company Zwipe has revealed an increasing demand for biometric…

 

From biometrics to unified case management, Jumio AML white paper argues for end-to-end approach

End-to-end solutions taking in biometric authentication and providing a holistic view of risk and transactions represent a new opportunity for…

 

Biometric and SSI tools for financial services compliance launch as regulatory landscape shifts

buguroo has launched a Policy Manager for its behavioral biometric fraud protection tool, Fraudster Hunter, for customizable automation of alerts to…

 

Amazon moving facial recognition and voice processing off of Nvidia chips

Amazon is switching to using its own custom chips to provide the cloud processing for its Alexa voice assistant service…

 

Fingerprint Cards and Idex Biometrics introduce new technologies for payment cards

As fingerprint-enabled biometric payment cards draw closer to large-scale issuance, new technologies are being developed to meet the remaining challenges…

 

Mastercard admits mobile and biometric fintechs to Start Path accelerator

Mastercard has revealed ten startups that will join its Start Path program to develop innovative solutions related to financial inclusion,…

 

ID R&D selfie biometrics and passive facial liveness secure cryptocurrency account onboarding

Passive facial liveness from ID R&D has been chosen by BitcoinPoint for frictionless customer onboarding with regulatory compliance and security assured…

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