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.
Legislation passed in New Zealand Parliament earlier this month puts a new national online identity service into motion which will…
Identity theft and identity verification has begun to fuel growth for biometric applications in the banking sector. Biometric technologies are…
FingerTec USA has unveiled its newest facial recognition technology offering, the Face ID 4 and the OFIS Gateway fingerprint scanner….
Muvoni Biometric & Smartcard Solutions has partnered with African Bank to combat identity fraud with biometrics. The company says it…
The Unique Identificaiton Authority of India has launched a new web portal allowing Aadhaar number holders to correct or update…
Implementing a biometrically-enabled identification card in Indonesia, the country with the fourth largest population, has been a vital step in…
Sweden-based biometric authentication components and technology company, Fingerprint Cards (FPC) has just received an order worth US$2.9 million for the…
Belkin Enterprise, a leading manufacturer of electronic peripherals and devices for consumer, business and government markets has recently announced that…
Leto-bank, a subsidiary of Russia’s VTB, plans to deploy ATMs equipped with fingerprint scanners to authenticate its customers when banking…
The National Australia Bank (NAB) has opted to use voice recognition for the biometric authentication of its customers rather than fingerprinting,…
