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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.

 

Palm vein payments startup Quixter recognized at PayExpo

Biometric payments startup Quixter uses palm vein biometrics to authenticate users, and just this past week it was picked as…

 

Top biometrics news stories, week of June 1

Biometrics Week in Review: MasterCard and the Bank of Punjab, Gemalto ePassports in Moldova, Australian immigration and border protection minister…

 

MasterCard, Bank of Punjab launch biometric social security program

MasterCard, along with the Bank of Punjab, have launched a social security program to automate disbursement, subsidy and assistance programs…

 

UAE government examining biometric ID card for payments

The UAE’s biometric civil identification card could soon be used for payments. According to an article in the Gulf News,…

 

NXT-ID says its biometric wallet device is now available for order

NXT-ID has announced that its biometric wallet and payments device — the Wocket — is now available to be ordered. According…

 

Biometric payments a hot topic at Biometrics Institute APAC conference

Biometric payments are a growing trend. According to a recent panel at the Biometrics Institute Asia Pacific Conference, consumers can…

 

Top Biometrics News Stories, Week of May 25

Biometrics Week in Review: Samsung to expand biometrics use, Indian election to impact Aadhaar, new mobile healthcare and fitness app,…

 

Voice recognition market to reach US$2.5 billion in revenue by 2015

A recent special research report on voice biometrics released by the Biometrics Research Group Inc., the research arm of BiometricUpdate.com,…

 

Authentify Supports Samsung Galaxy S5 Fingerprint Reader

Out-of-band authentication provider Authentify announced on Wednesday at the FIDO Alliance Plenary Meeting its support for the Samsung Galaxy S5…

 

Deloitte survey finds biometrics welcomed for mobile consumer banking apps

Andrews Research recently conducted a survey on behalf of the Deloitte Center for Financial Services on mobile devices and the…

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