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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 biometric payment card from Thales and Fingerprint Cards certified by Visa

Thales Digital Identity and Security has announced the first high-security EMV contactless biometric payment card certified by Visa, the company…

 

AU10TIX platform INSTINCT reports two-fold increase in synthetic fraud detection

INSTINCT, AU10TIX’s latest platform launched in June, has reported a double increase in synthetic fraud detection, after 15 percent of…

 

Biometric banking services introduced for Pakistan expats, Ukraine payments, and crypto traders

A remote biometric registration and onboarding process is being introduced to allow Pakistani citizens overseas to directly open bank accounts…

 

Zwipe partners for biometric payment card personalization as Idex Biometrics CEO considers tipping point

Zwipe has partnered with another company supplying technology to the payment card industry to support the industrialization of biometric payment cards,…

 

How behavioral biometrics, dynamics of interaction could prevent online bank fraud

Behavioral biometrics technology developed by BioCatch to prevent online bank fraud has been featured by CNN International, with CEO Howard Edelstein and COO…

 

Two dozen new Indian insurers approved for eKYC checks with Aadhaar biometrics

India’s federal government has approved the use of the Aadhaar national biometric system by 24 more insurers to authenticate the…

 

Zwipe and STS expand partnership for biometric payment card manufacturing

Smart Technology Services (STS) is one of the world’s first manufacturers to develop a system for biometric payment card milling…

 

PopID deploys first U.S. facial recognition payment network for shops and restaurants in Pasadena

A biometric facial recognition-based payments system from PopID is coming to restaurants and stores in Pasadena, California to allow customers to…

 

Leading Mexican financial institutions select Integrated Biometrics fingerprint scanners to secure accounts

On the heels of signing up Santander Mexico for its fingerprint scanners, Integrated Biometrics has announced that the majority of the…

 

Google testing biometric fingerprint payments for desktop

After adding biometric credit card authentication and touch-to-fill support for Android, Google is currently testing biometric fingerprint payment features for…

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