Indian central bank publishes criteria for participation in regulatory sandbox
The Reserve Bank of India (RBI) has published the “fit and proper” criteria it will use to select biometrics companies…
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.
Aadhaar enabled payment system used for 220M biometric transactions in July
India’s Aadhaar enabled payment system (AEPS) surpassed 200 million transactions with biometric authentication in the month of July, 2019, ZeeBiz…
Mastercard involved in several new biometrics-backed payment systems
Mastercard has launched a mobile authentication solution featuring behavioral biometrics in India to increase security and reduce friction in e-commerce…
Computop launches FIDO-compliant biometric authentication service for online merchants
Payment processor Computop has launched a new PSD2 compliant biometric authentication service for online merchants and banks to allow strong…
Argentina hot for FacePhi biometrics as Banco del Sol deploys SelphID
FacePhi continues to expand its presence in Argentina with this week’s announcement that Banco del Sol will deploy its SelphID…
Biometrics-based micro-finance provider Satya passes Rs 1B in cashless collections
Biometrics-based authentication provider Satya MicroCapital Limited has surpassed 1 billion rupees (US$15 million) in cashless collections over the past two…
LG Pay launches for U.S. smartphones with G+D Mobile Security token services
The LG Pay mobile payment service has been launched in the U.S., supported by Visa and Mastercard and leveraging the…
SecuredTouch behavioral biometrics added to Nice Actimize X-Sight Marketplace
SecuredTouch has joined Nice Actimize’s X-Sight Marketplace to provide behavioral biometric to help financial services organizations evaluate new point solutions…
MoneyNetint deploys Onfido facial biometrics to improve KYC processes
In an effort to enhance its online security procedures UK e-money firm MoneyNetint has selected Onfido‘s biometric selfie and document…
Visa plans biometric and other cashless payments innovations ahead of Tokyo Olympics
Visa is preparing to provide innovative payment technologies including biometrics for athletes, visitors and citizens in the run-up to the…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection