Biometrics and tokenization: the dynamic duo against bank fraud
This is a guest post by Greynier Fuentes, VP Digital Solutions at VeriTran. There is an increasing trend over the…
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.
Biometric electronic signatures for digital ID verification introduced in India, South Africa
Financial services company IDSign has released a biometric mobile platform for digital ID age verification and signing, writes CNBC TV…
Onfido and SingPass facial biometrics adopted for KYC checks, Wibmo launches service and iComply listed
Onfido’s identity document and biometric selfie technology is being adopted by UK fintech Curve to speed up, simplify and unify…
Biometric eKYC checks increase for Thai bank accounts, Malaysian SIM registration
Five banks in Thailand are using biometric facial recognition to meet KYC regulation requirements when opening new customer accounts, the…
Zwipe partners with major PVC materials supplier to support scalable biometric payment card manufacturing
In the race to commercialize biometric fingerprint payment cards, Zwipe has formed a partnership to offer a combination of technology and…
Manchester pubs use FinGO vein biometrics for age verification, contact tracing
The hospitality industry in the UK has introduced a biometric vein mapping system to verify age. Biometric identity authentication system…
UnionPay adds biometrics support with 3DS online payment authentication for frictionless transactions
UnionPay International has expanded its e-commerce toolkit portfolio to accept biometrics and other technologies with the 3-D Secure (3DS) online…
PayByFace launches touchless payments with facial biometrics to coffee chain in Romania
PayByFace has launched a biometric facial recognition-based payments system to Tucano Coffee shops in Bucharest in collaboration with Romanian online card…
Trulioo’s identity verification marketplace expands to Vietnam
Trulioo has added Vietnam to its GlobalGateway marketplace for identity verification, the company announced, furthering its mission of advancing financial…
Behavioral biometrics can effectively fight digital fraud, security experts say
Last year, American consumers lost nearly $16.9 billion because of identity fraud, John Buzzard, lead fraud and security analyst at…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection