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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.

 

EFCU deploys Enacomm biometric voice banking tech for upgraded customer service

Nevada-based Elko Federal Credit Union (FCU) has secured a biometrics technology solution with the aim of offering more secure voice…

 

Zwipe to help Nordic banks roll out biometric payment cards with new partnership

Zwipe has a formed a new partnership to roll out biometric payment solutions with Nordic software and digital banking services provider…

 

Biometrics industry could face major opportunity with return of concerts and live sports

Contactless fan experiences and limiting the physical interaction between attendees and venue employees will be a major focus for spectator…

 

Idemia card accelerator program to help fintechs adopt biometrics

Idemia has announced a program that is intended to ensure the rapid issuance of payment cards, including with biometrics, for…

 

OneBanks integrates Trust Stamp face biometrics to improve financial service accessibility

Fintech platform OneBanks is integrating Trust Stamp’s facial biometrics into its customer authentication systems to provide secure and low-friction banking…

 

ExtoWallet’s biometric card with FPC sensor and smartphone face recognition secures crypto assets

A new cryptocurrency wallet secured with a biometric smart card, smartphone-based face recognition and distributed ledger technology, the ExtoWallet, is…

 

NEC supplies face recognition for cashless payments pilot at 30 locations in Toyama, Japan

Digital Garage subsidiary VeriTrans is providing a biometric facial recognition payment service in partnership with NEC for a pilot program in…

 

Mitsubishi, Hitachi, Aktif Bank partner to assess vein biometric authentication platform for Turkish market

Mitsubishi will assess the potential of a biometric authentication platform in Turkey in a feasibility study, along with a European…

 

Next Biometrics to supply sensors for 6,000 biometric payment terminals for African national bank

Next Biometrics has received a follow-on order of 6,000 fingerprint sensors from partner Newland Payment Technology to integrate them with payment…

 

Mitek biometrics help immigrants access credit as BFSI providers embrace digital payments

Biometrics and related technologies continue to make significant headway in the financial services industry. Mitek has partnered up to extend…

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