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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.

 

XH Smart Tech biometric card with IDEX fingerprint sensor featured at MWC19

IDEX Biometrics announced today that its Chinese smart card partner XH Smart Tech is featuring a dual-interface, battery-less payment card…

 

Social media conversations about payments increasingly focused on mobile and biometrics

Mentions of biometric payments on social media reached a potential audience of 111 million people in 2018, and references to…

 

Thai banks on track to offer mobile account opening with facial recognition next quarter

Thai banks are on pace to be able to offer account opening through mobile banking apps in the next quarter…

 

OneConnect launches biometric authentication for banks in Indonesia

Ping An Insurance fintech subsidiary OneConnect has launched in Indonesia to help financial institutions accelerate their digitization and financial inclusion…

 

Kristopher James Company to offer Acuant onboarding solutions to its financial services clients

Acuant announced that Kristopher James Company will offer Acuant’s hardware and software onboarding solutions to its financial services clients. Kristopher…

 

SmartMetric CEO to deliver biometric cards presentation at Payments Summit

SmartMetric announced that its President and CEO Chaya Hendrick will present a talk on biometric cards at next month’s Payments…

 

FacePhi and Fujitsu technology deployed in new CaixaBank facial recognition ATMs

Spanish financial services company CaixaBank has introduced ATM withdrawals using facial recognition. CaixaBank collaborated with technology partners FacePhi and Fujitsu…

 

Biometric payment cards’ path to mass market

There is a general consensus among fingerprint sensor providers and other stakeholders that millions of payment cards will be secured…

 

Oney Bank and Wirecard roll out biometric payment system in Romania

Wirecard is working with Oney Bank to implement the Well.com mobile application in Romania, which allows biometrically authenticated payments via…

 

ENACOMM partners with Wescom Resources Group to deliver voice banking tech to US credit unions

Fintech firm ENACOMM has announced a partnership with Wescom Resources Group (WRG), a technology credit union service organization that provides…

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