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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.

 

AGNITio executive to present at Biometrics 2014 conference

AGNITiO announced its executive vice president of sales and marketing, Philippe Vinci, will participate on a panel discussion titled What’s…

 

Apple Pay praised in reviews, availability criticized

The technology press has been generally impressed with the debut of Apple Pay. As reported previously, Apple partnered with credit…

 

Abu Dhabi Commercial Bank turns to voice biometrics

Abu Dhabi Commercial Bank has implemented Nuance Communications’ voice biometric solution to easily and securely authenticate its customers’ identity, according…

 

Spain’s Ministry of Security to implement biometric border control management system

Spain’s Ministry of Security has posted a public tender contract for the supply and installation of a new biometric border…

 

India to use Aadhaar to provide universal healthcare

The Indian government plans to use its national Aadhaar biometric database to deploy its newly proposed universal healthcare program. As…

 

Biometric Update: most popular news for week ending October 19

Here’s a recap of most popular and noteworthy biometrics industry news that appeared on BiometricUpdate.com this past week. Biometrics Week…

 

Financial institutions are embracing biometrics … but with due caution

More than 25 banks are registered to attend an upcoming seminar discussing biometric technology and implementations in the European financial…

 

Mastercard, Zwipe unveil fingerprint authenticated contactless payment card

Mastercard has partnered with Zwipe to launch what it claims to be the world’s first fingerprint authenticated payment card, according…

 

Alipay turns to facial and fingerprint recognition for secure payments

Chinese electronic payment service, Alipay, is turning to biometric identification technologies to protect users from fraud, hacking, identify theft and…

 

Acer partners with fingerprint technology firm Egis to develop cloud payment system

Computer manufacturer Acer announced it is partnering with fingerprint sensor provider Egis Technology to develop a cloud-based payment system that…

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