Fime shares insights for financial institutions struggling with KYC provider decision
Financial institutions selecting a KYC provider for online transactions must navigate a series of challenges, even as the emergence of…
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.
Ethiopia banks receive biometric kits to expand digital ID enrollment
Some commercial banks in Ethiopia have been handed biometric enrollment kits to support the National ID Program (NIDP) in the…
Sophisticated malware found posing as Indonesia’s digital ID app
Cybersecurity researchers have discovered a malware app designed to steal financial data, which disguises itself as Indonesia’s national digital identity…
Canada’s digital trust moment: Understanding the new frontier of identity verification
By Andrew Johnston, Business Development Executive for Giesecke+Devrient Canada’s financial services landscape is under growing pressure to change how it…
Sumsub brings non-doc verification to Canada, joins influential blockchain council
UK firm Sumsub is introducing its non-document-based identity verification product to Canada, according to a release. Eliminating the need to…
NEC looks to expand face payments program with Stripe terminal integration
Paper’s done, plastic’s over; it’s face time. In Japan, Stripe and NEC Corporation are partnering to enable in-store face payments…
Humanity Protocol’s reusable biometric ID adds Mastercard open finance capability
Humanity Protocol, the proof-of-personhood (PoP) framework based on palm biometrics, is teaming up with Mastercard to allow users to quickly…
Signicat digs into identity fraud risks in remote onboarding, account recovery
Businesses are claiming success in battling identity fraud at a solid rate despite a spike in attempts, but Signicat’s latest…
Trust Stamp finds more funds in warrant exchange, launches TSI Wallet
Trust Stamp is marking a series of wins that include new funds, a U.S. patent allowance for deepfake detection technology,…
EUDI Wallet for payments best for KYC, combined with existing systems, industry groups say
Making payments simple is an important goal for the European Union Digital Identity (EUDI) wallet. But not all payment use…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection