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.

 

Digicel offers World’s First Fingerprint ID System for International Money Transfers

Digicel Mobile Money customers in New Zealand will soon know how convenient it is to send money back home. A…

 

Fujitsu and Tidel further partnership with Palm Vein Authentication

Fujitsu Frontech North America, Inc. and Tidel Engineering LP have announced the full integration of Fujitsu’s PalmSecure biometric authentication solution…

 

Precise Biometrics Hires New Chief Commercial Officer

Late last month, Thomas Marschall, CEO and president of Precise Biometrics announced the new chief commercial officer and executive vice…

 

Identive Smart Cards vs. Cyber Attacks

Identive Group, Inc. inked a big contract with a U.S. government agency as its Santa Ana-based company sets to supply…

 

A Million More For SmartMetric

SmartMetric recently announced that it has received additional funding from private investors. Another million dollars will be added into the…

 

Gambian Biometric Identification Programme Progressing Well

The Gambian government has announced that its biometric identification system is establishing itself successfully with about 302,637 people enrolled and…

 

Nuance Announces Dragon ID Voice Biometrics for Mobile

Nuance Communications, Inc. on Tuesday announced a new voice biometrics technology, Dragon ID, allowing mobile device users to unlock their…

 

Hamilton Telecommunications Joins Fujitsu PalmPartner Program

Fujitsu Frontech North America (FFNA) and Hamilton Telecommunications have partnered to offer a secure biometric solution through Fujitsu’s PalmPartner program….

 

Biometrics to enable mobile phone money transfers

Mobilis Networks Limited has launched fingerprint verification for international money transfers via mobile phones. This service is currently being rolled…

 

Expert says South Africa ahead on biometric uptake

South Africa is ahead on biometric uptake. That pronouncement emerged from a briefing for financial sector representatives conducted in Johannesburg…

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