Thai banks to secure bank services with palm and facial biometrics as national ID gateway opens
Banks in Thailand are planning to offer biometric security for financial services including payments, loans, and electronic know your customer…
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 authentication may be required for large Indian bank transactions
India’s government is considering requiring biometric or other Aadhaar authentication methods for cash deposits and withdrawals above a certain threshold…
United Solutions to resell Enacomm conversational voice banking solutions
A reseller agreement between Enacomm and United Solutions Company (USC), a Credit Union Services Organization with 70 credit union customers,…
OneSpan integrates with Avaloq to bring fraud detection to more banks
Global fintech leader Avaloq has integrated anti-fraud technology from OneSpan into its cloud-based banking platform to enable banks to secure…
NADRA biometric verifications rolled back for mobile banking, seniors
Pakistan’s National Database and Registration Authority (NADRA) is asking commercial banks in the country to disable biometric user verification through…
Federal Reserve warns U.S. payments ecosystem of synthetic identity fraud risk
Synthetic identity fraud is a serious and growing problem in the U.S., and can only be dealt with through a…
Callsign to provide digital customer identification and authentication for Lloyds Banking Group
Lloyds Banking Group will roll out Callsign’s platform for digital identification and authentication of customers across its core brands, according…
Global Payment Services joins Eazy Financial Services biometric payment network
Eazy Financial Services has entered into a strategic partnership with Global Payment Services (GPS) that will have GPS join the…
Wirecard partners with YES BANK to broaden availability of biometric financial services
Wirecard and YES BANK are partnering to extend the scope of biometric digital payments with India’s Aadhaar Enabled Payment System…
Startup Anchorage raises $40M Series B funding round for multi-biometric crypto vault
Startup multi-biometric cryptocurrency vault provider Anchorage has received $40 million in a Series B investment round to accelerate the growth…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection