Featurespace adaptive behavioral analytics tool to fight application fraud in Mexico
Fraud detection and risk prevention company Featurespace has partnered with credit bureau Círculo de Crédito to roll out its ARIC…
Financial Services
Financial service biometrics refers to biometric systems used to aid in the flow of money. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as mobile wallet applications and cash transfer systems.
Ultrasonic connectivity developers Sonarax, Stimshop win Worldline ePayments Challenges
Ultrasonic connectivity software technology company Sonarax and data over sound protocol developer Stimshop have won the Worldline e-Payments Challenges of…
Mobile fraud protection startup Paygilant secures investment to expand to US
Behavioral biometrics technology developer Paygilant has secured a $750,000 investment from Connecticut’s venture capital arm Connecticut Innovations (CI). The Israeli…
Video KYC stalled in India as regulators fail to release guidelines
FinTech startups in India have finalized video-KYC (know your customer) solutions for customer identity verification to prevent money laundering, financing…
Korean bank to integrate blockchain, biometrics, IoT payments
Shinhan Card, Korea’s biggest, global top-five credit card company, is looking into blockchain-powered, facial recognition-based payment systems and internet of…
Spanish consulting company Minsait buys fintech firm Afterbanks
Spanish business management consulting company Minsait has purchased Spanish fintech Afterbanks through Indra, Minsait’s parent organization, writes Crowdfund Insider. Afterbanks…
A third of European consumers want biometrics to speed up financial service onboarding
Financial service providers are not taking full enough advantage of biometrics to speed up onboarding processes, 34 percent of European…
Onfido partners up to research identity portability in UK financial ecosystem
Onfido has teamed up with Ethereum blockchain-based digital identity platform uPort and PwC to delve into consumer identity mobility in…
Onfido and Socure take honors for digital identity verification innovation
A pair of digital identity verification companies have been recognized for their contributions to financial and artificial intelligence innovation. Onfido…
Alliex invests $700M in cashless biometric POS infrastructure in Vietnam
South Korean financial solutions company Alliex will spend some $700 million to deploy a shared cashless POS infrastructure system across…
