Mastercard working with transport partners on payments via gait or face biometrics
Mastercard is working with partners in transport to develop biometric authentication such as gait or face recognition, possibly even heartbeat…
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.
Financial services companies partner up to replace legacy access control with biometrics
Several banks, fintech, and financial services companies have found partners to provide biometric authentication for secure onboarding and transactions, with…
Hitachi and VietCredit partner to develop AI-based financial loan services
Hitachi, Vietnam-based subsidiary Hitachi Asia, and VietCredit Finance Company have entered a strategic partnership to develop financial services based on…
Bank of Thailand authorizes facial biometrics for eKYC checks
Banks in Thailand will be allowed to use biometric facial recognition to authenticate customers for remote account opening, The Bangkok…
Most consumers open to retail biometrics as alcohol vending machines ruled legal in Florida
A company from South Florida is planning to deploy an automated beer and wine dispensing system that uses biometrics to…
Paycode initiates social grant payment system with offline biometrics
Paycode has rolled out a pilot project that enables biometric authentication of social grant payments in Mozambique, the company announced….
Pakistan leverages biometric tech for inclusive banking and to secure property transactions
Pakistan has almost finalized preparations for the poverty alleviation program Ehsaas Kifalat, which will be officially launched on January 31,…
Mastercard sets up Intelligence and Cyber Centre in Vancouver
Mastercard has inaugurated a global Intelligence and Cyber Centre in Vancouver, Canada, the sixth in its portfolio focused on cyber…
Persistent Systems, ValidSoft announce biometric voice authentication tool for banks, credit unions
Persistent Systems and ValidSoft have partnered to create a digital biometric voice authentication solution for banks and credit unions to…
Two Austrian card issuers choose Entersekt authentication tech to secure ecommerce payments
Leading card issuers in Europe’s DACH region have integrated authentication technology from Entersekt implemented by its regional partner Netcetera to…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection