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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.

 

VoiceTrust secures major new customers in 2012

VoiceTrust has announced that in 2012 it successfully secured major new customers and several pilot projects in North America, Europe,…

 

CIC supports new IRS electronic signature requirements as new system begins

Biometric signature verification solutions provider Communication Intelligence Corporation (CIC) has announced that it fully supports the Internal Revenue Service’s (IRS)…

 

Stock jumps as Fingerprint Cards opens Tokyo office

Fingerprint Cards (FPC) has opened its first sales and support office in Tokyo as the company looks to establish a…

 

Biometric Research Note: Mobile devices to drive bank adoption of voice biometrics

Financial institutions have identified voice biometrics as one of the best means to secure its client accounts and financial information….

 

MobiCash and KCB Bank launch fingerprint banking in Rwanda

Mobile payment platform MobiCash and KCB Bank in Rwanda have launched BioCash, a financial service that uses a fingerprint scanner…

 

Precise Biometrics lands financial services deal, stock rises 18 percent

Precise Biometrics has announced that a major U.S.-based provider of financial information services has chosen Precise Biometrics as its new…

 

Grameena Vikas Bank opens portable branches in Andhra Pradesh, uses handheld biometrics

Andhra Pradesh Grameena Vikas Bank, a regional rural bank sponsored by the State Bank of India, has opened 105 of…

 

Biometric Research Note: Emerging economies embracing biometric banking technologies

As the level of security breaches and transaction frauds increase day by day, the need for highly secure identification and…

 

Identive launches new RFID tag for ID credentials

Identive Group has announced the launch of its Smartag Crypto tag, a new radio frequency identification (RFID) tag, the company…

 

Iranian researchers make a case for biometric banking in Iran

An academic research report has recently been published by Iranian researchers and explores the use of biometric technologies being used for…

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