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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.

 

FacePhi biometric identification technology selected by Banco Supervielle in Argentina

FacePhi continues to build its presence in Argentina with a new deal with Banco Supervielle, the seventh largest private bank…

 

Zwipe, Thomas Greg & Sons do Brasil partner to develop and launch biometric payment cards

Zwipe and Thomas Greg & Sons do Brasil (TGS), one of the largest card manufacturers in Latin America with 55…

 

National Australia Bank considering behavioral biometrics for fraud prevention

National Australia Bank is discussing how to leverage biometric technology to protect customers from new kinds of financial crime, The…

 

Paymark to test facial recognition payments in Spark 5G innovation lab

New Zealand-based electronic funds transfer company Paymark is moving into Spark’s 5G innovation lab to test using biometric facial recognition…

 

Aflac Japan to secure mobile biometric insurance payments with Nok Nok Labs’ biometrics

Customer of insurance provider Aflac Japan are now able to request “immediate payment service” for cancer treatment on mobile devices…

 

Veridium joins Mastercard accelerator to scale biometric authentication platform

Veridium has announced that it has been selected to join the Mastercard Start Path accelerator program, in recognition of its…

 

HSBC Uruguay deploys FacePhi biometric identification technology

FacePhi has announced a new partnership with HSBC Uruguay, a subsidiary of the HSBC Group, one of the world’s largest…

 

Fingopay to power finger vein biometric payments at Manchester hospitality venues

Fingopay is planning to launch its biometric fintech payment system at leisure and hospitality venues around Manchester this coming summer…

 

Indian banks prepare to launch voluntary biometric Aadhaar authentication

Some banks in India are planning to relaunch Aadhaar-based biometric authentication and KYC processes for opening new accounts in the…

 

German bank integrates Netcetera technology for mobile biometric payment authorization

Deutsche Kreditbank AG (DKB) has integrated a modernized 3-D Secure process for biometric payment approval developed collaboratively with software company…

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