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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.

 

Six things to know about India’s Aadhaar biometric program

Since the Unique Identification Authority of India (UIDAI) program started in 2010, it has raised a lot of questions and sparked…

 

Secure Planet’s Biometric Android app released on Google Play

Secure Planet has recently launched a free Android phone application called Secure BioID-Lite App on Google Play Andriod app store….

 

Precise Biometrics releases interim report to shareholders

According to Precise Biometrics’ recent interim report to shareholders, the firm had a number of major achievements over the past…

 

Cross Match technologies acquired by Francisco Partners

Francisco Partners, a global private equity firm focused on investments in technology and technology-enabled services business, has acquired Cross Match…

 

Can biometric technology reign in India’s corruption?

Biometrics technology is expected to reign in India’s rampant corruption, especially where poor laborers and migrant workers are concerned. A…

 

Workforce management tools let corporate workers work at home

Working from home used to be a breeze. You would have total control of your time. Bosses did not dictate…

 

South Africa rolls out social security biometric payment system

The South African Social Security Agency (SASSA) will have their hands full as it implements the new biometric payment system….

 

Biometrics to make employment payments in rural India more reliable, transparent

The Mahatma Gandhi National Rural Employment Scheme is currently attempting to redress issues such as delay in payments to beneficiaries…

 

Voice Recognition Company Nuance Opens Shop in Dublin

Nuance Communications, the company behind the voice capability technology in more than 6 billion mobile devices, is creating 40 new…

 

Gesture-Based Biometrics Technology Too Young For Financial Industry

While gesture-based technology has made huge waves in the world of video games, it has a long way to go…

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