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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.

 

Trulioo adds four new countries to identity verification coverage

Trulioo has extended the identity verification capabilities of its GlobalGateway to Bahrain, Georgia, Iceland, and Qatar. The Financial Action Task…

 

Daon, CTMS partner on biometric KYC and onboarding solutions for French-speaking countries

Daon and CTMS have signed a partnership agreement that enables CTMS to deliver KYC and onboarding solutions backed by Daon’s…

 

Aximetria develops local storage voice biometric authorization for crypto wallet

Fintech startup Aximetria has developed a new biometric voice authentication technology for private keyless authorization of mobile banking transactions. Digital…

 

IOTA Foundation develops crypto wallet secured with biometric authentication

The IOTA Foundation has developed a new secure software wallet for IOTA tokens with biometric authentication. The new Trinity Wallet…

 

European Banking Authority sets conditions for PSD2 authentication compliance extension

The European Banking Authority (EBA) has agreed to allow conditional extensions of the deadline for implementing strong customer authentication (SCA)…

 

Diebold Nixdorf launches ATM line to support biometrics

Diebold Nixdorf has launched a new series of self-service ATMs which can support digital-native features like biometrics and NFC with…

 

OneSpan honored for real-time fraud detection capabilities, intuitive UX

OneSpan‘s Intelligent Adaptative Authentication was named Best Fintech Solution as part of the 2019 SIIA CODiE Awards. The peer-reviewed program…

 

Fingerprint and facial biometric bank account openings in Thailand on for Q3

Thailand’s central bank has announced that biometrics can be used by the country’s financial institutions to verify account openings in…

 

TypingDNA biometrics integrated with XTN fraud prevention solution

TypingDNA announced today a partnership with cybersecurity firm XTN Cognitive Security that will see its proprietary typing biometrics technology integrated…

 

Ithmaar Bank rolls out biometric ATM network in Bahrain

Bahrain-based Ithmaar Bank reports it has successfully launched the region’s first biometrics-enabled cardless Automated Teller Machine network. Bank customers can…

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