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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.

 

BioCatch reports database of over 150 million anonymous behavioral biometric profiles

Following roll-out at more than 40 global banks and financial institutions, BioCatch privacy-protected digital behavioral biometric profiles now include over…

 

Daon biometric authentication for 160 credit unions across U.S. extended by three years

CU*Answers, the cooperative Credit Union Service Organization (CUSO), has expanded a partnership with Daon to provide over 160 credit unions…

 

deVere and Wise AI launch selfie biometrics and ID check solutions to hot eKYC market

Independent financial advisory and tech wealth organization deVere is launching an onboarding verification app based on a biometric selfie and document…

 

Jumio white paper guides banks through how to upgrade onboarding experiences with biometrics

Onboarding with biometrics is the way to meet shifting consumer expectations, as the number of people opening bank accounts through…

 

FIME’s testing and consultancy service expands with Cetecom U.S. payment business purchase

FIME has expanded its payments testing and consultancy offering by purchasing the payment activities of Cetecom in the U.S., adding…

 

Zwipe and Watchdata partner to produce biometric payment cards and wearables for multiple regions

Zwipe has partnered with smartcard manufacturer Watchdata Technologies to develop and launch contactless biometric payment cards and wearables for banks in…

 

Behavioral biometrics and facial recognition to secure more bank accounts with FICO report showing attitude shift

Far more people in Britain are happy providing biometrics to banks for security purposes (71 percent) than are content with…

 

Biometric payment card timelines move up, tech giants pause facial recognition sales to U.S. police

Anticipation for mass market biometric credit and debit cards continues to build, with market conditions aligning and major announcements expected…

 

Panasonic retail kiosks upgraded with PopID’s facial recognition, biometric payments

Panasonic has partnered with PopID to expand facial recognition ordering and biometric payments in the restaurant and retail industries to…

 

Washington is worried that COVID-19 will infect mobile banking via cybercrime

The FBI has issued an alert saying that agents anticipate mobile banking exploits attacking businesses and consumers. Agency officials are…

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