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.

 

Biometrics-based micro-finance provider Satya passes Rs 1B in cashless collections

Biometrics-based authentication provider Satya MicroCapital Limited has surpassed 1 billion rupees (US$15 million) in cashless collections over the past two…

 

LG Pay launches for U.S. smartphones with G+D Mobile Security token services

The LG Pay mobile payment service has been launched in the U.S., supported by Visa and Mastercard and leveraging the…

 

SecuredTouch behavioral biometrics added to Nice Actimize X-Sight Marketplace

SecuredTouch has joined Nice Actimize’s X-Sight Marketplace to provide behavioral biometric to help financial services organizations evaluate new point solutions…

 

MoneyNetint deploys Onfido facial biometrics to improve KYC processes

In an effort to enhance its online security procedures UK e-money firm MoneyNetint has selected Onfido‘s biometric selfie and document…

 

Visa plans biometric and other cashless payments innovations ahead of Tokyo Olympics

Visa is preparing to provide innovative payment technologies including biometrics for athletes, visitors and citizens in the run-up to the…

 

Thai banks to secure bank services with palm and facial biometrics as national ID gateway opens

Banks in Thailand are planning to offer biometric security for financial services including payments, loans, and electronic know your customer…

 

Aadhaar authentication may be required for large Indian bank transactions

India’s government is considering requiring biometric or other Aadhaar authentication methods for cash deposits and withdrawals above a certain threshold…

 

United Solutions to resell Enacomm conversational voice banking solutions

A reseller agreement between Enacomm and United Solutions Company (USC), a Credit Union Services Organization with 70 credit union customers,…

 

OneSpan integrates with Avaloq to bring fraud detection to more banks

Global fintech leader Avaloq has integrated anti-fraud technology from OneSpan into its cloud-based banking platform to enable banks to secure…

 

NADRA biometric verifications rolled back for mobile banking, seniors

Pakistan’s National Database and Registration Authority (NADRA) is asking commercial banks in the country to disable biometric user verification through…

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