FB pixel

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.

 

HooYu to provide biometric onboarding for alternative banking solution Suits Me

Identity confirmation provider HooYu has partnered with alternative UK banking solution Suits Me to help financially-excluded workers get quicker and…

 

Finda to provide facial biometric authentication for cross-border services in Philippines

Hong Kong-based fintech company Finda International Consultancy and Management has been chosen by MyEG Philippines to provide its facial biometric…

 

IDEMIA partnership to support Onfido’s global expansion strategy

Onfido has signed French brands AR24 and Europcar Mobility Group as new clients and has partnered with IDEMIA to support…

 

Kennebunk Savings deploys Nuance voice biometrics to streamline customer authentication

Kennebunk Savings is the latest banking institution to deploy Nuance Communications’ voice biometrics technology to streamline customer authentication and reduce…

 

Papua New Guinea micro bank deploys fingerprint biometrics to improve financial inclusion

A financial inclusion initiative in Papua New Guinea is introducing new access points equipped with fingerprint scanners to authenticate bank…

 

Facial biometrics to secure Brazilian digital bank transactions and Carnival celebrations

Facial recognition adoption seems to be increasing in Brazil, with Rio de Janeiro deploying a facial recognition system for public…

 

FacePhi previews major gains in revenues and net profit from biometric banking services

FacePhi has announced estimated licensing revenues for its facial biometric services for banks to €4.48 ($5.09) million for 2018, an…

 

Canadian banks suggest biometrics and federated ID to support digital economy

Canada needs to create a digital identification system leveraging new technologies like biometrics, blockchain, and live video document review to…

 

Motiv ring to provide biometric payments later this year

Smart ring Motiv plans to launch heart rate biometrics for payment authentication later in 2019, according to a company announcement…

 

Biometrics coming to car dashboards through Visa and SiriusXM partnership

Visa and SiriusXM Connected Vehicle Services have announced a partnership to develop a new in-vehicle payment solution secured by biometric…

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events