Biometric authentication for mobile payments to skyrocket 10X to $2.5T by 2024
Biometric authentication will be used in $2.5 trillion in mobile payments by 2024, an increase of nearly 1,000 percent from…
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.
Financials launch biometric and digital ID tech from Signicat, Keesing, Fortress Identity, FacePhi
The bank account verification service offered by SurePay has been integrated with Signicat’s Digital Identity Platform to allow financial institutions…
Biometrics and the future of payment transactions
This is a guest post by Lynne Jeffery, Head of Public Safety Solutions at NEC New Zealand. Biometric technology is…
Facial biometric payments over 5G showcased at Slush Helsinki 2019
Last week more than 25,000 guests attended Slush Helsinki 2019, including 3,500 startups and 2,000 investors, at the Helsinki Expo…
Synthetic identity fraud growth and prevention best practices detailed in white paper
Synthetic identity fraud (SIF) is not only the fastest growing type of financial fraud in the U.S., it is one…
Yoti biometrics and SafeCharge validation deployed for online gaming in impatient customer market
Two more deployments in the digital ID market have been announced, one with biometric technology and one not, just as…
Barclays and Hitachi release updated biometric finger vein scanner
Barclays and Hitachi have released an improved version of the Barclays Biometric Reader (BBR), a finger vein scanner that allows…
Southeast Asian market sees growing interest in biometric payments and authentication
Almost half of consumers in Myanmar would use biometrics for payments and authentication, according to Visa’s most recent Consumer Payment…
Facial recognition systems for retail payment launched in Spain, trialed in Australia, company acquired
Australian fintech company RoyalPay is planning to bring facial recognition payments into the country’s mainstream commercial sector, The Sydney Morning…
Temenos integrates HID risk-based authentication solution and behavioral biometrics
HID Global has started a collaboration with banking software company Temenos to supply it with its risk-based user authentication solution…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection