Biometrics and liveness detection for digital onboarding and remote banking top this week’s news
Digital onboarding and remote transactions, and the biometrics and liveness detection that enable them, make up many of the top…
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.
Jumio publishes two eBooks to demystify biometric eKYC and APAC region digital banking
With online banking and financial transactions making up a large and rapidly increasing portion of the total, businesses and regulators…
HooYu and Acuant provide facial biometrics for seamless onboarding and online transactions
A pair of biometric onboarding and identity verification providers have announced customer wins in the financial services industry, one for…
Digital onboarding finally gets banks’ attention; money is being budgeted — survey
Imagine a business so central to people’s lives that they wait in line to walk in the door only to…
VeriTrans, NEC test biometric facial recognition payments at stores in Japan
VeriTrans has partnered with NEC Corporation to deliver a biometric facial recognition solution for cashless payments initiated by Seven-Eleven Japan…
How biometrics will help banks maintain “business as usual” — even when it’s anything but
This is a guest post by Kim Martin, VP of Marketing at ID R&D. Few businesses will escape the effects…
Daon partners with Tonik to deliver mobile biometric authentication in the Philippines
Daon will provide mobile biometric onboarding and authentication solutions to Tonik Digital Bank in Southeast Asia through its IdentityX platform,…
HSBC UK’s voice biometrics system blocked 2x more fraud attempts in 2019
HSBC’s voice biometrics system VoiceID has successfully blocked fraud attempts in 2019 preventing nearly £400 million (roughly US$493 million) being…
RBC, Bluink introduce digital identity verification solutions in Canada
Digital ID is advancing in Canada, with a new bank account opening process backed by electronic ID documents, and eventually…
TMB, KBank ready with facial recognition for e-KYC platforms
Digital banking platform Me by TMB and KBank in Thailand are each releasing new biometric services for opening savings accounts…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection