Zwipe receives EUR 2.3M grant to scale and commercialize biometric payment technology
The European Commission has awarded Zwipe a €2.3 million (US$2.6 million) grant under the Horizon 2020 program to fund its…
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.
Indian bank regulator considers live video to authenticate customers without Aadhaar biometrics
As financial institutions navigate the fallout of the court-mandated changes to Aadhaar rules, the Reserve Bank of India (RBI) is…
Fingopay deployments for biometric finger vein payments expanding
Biometric retail payment company Fingopay will provide finger vein payment technology campus-wide for the Copenhagen Business School (CBS), Finextra reports,…
Pakistan banks begin biometric verification of account holders
Under the directive of the State Bank of Pakistan (SBP) commercial banks in the country have started the process of…
Zwipe survey shows banking community support for biometric cards
Biometric tech company Zwipe reports that at last week’s Fintech Connect show it surveyed more than 100 delegates who shared…
Payments provider ACI Worldwide partners with BioCatch to reduce fraud with behavioral biometrics
Real-time payments and banking services company ACI Worldwide is leveraging behavioral biometrics from BioCatch to prevent online and mobile banking…
Mastercard and Microsoft announce collaboration on decentralized universal ID system
Mastercard and Microsoft have announced a partnership to strategically collaborate on a device-based universal digital identity system to replace passwords…
Indian government considering QR code-based offline Aadhaar customer verification for bank services
India’s government and reserve bank are negotiating to allow the use of the secure digitally-signed QR code introduced by the…
Nuance to provide voice biometrics for largest bank in Ireland
Ireland’s largest bank is deploying Nuance Communications’ voice biometrics to its Contact Center to make customer service access more seamless…
UK public warms to biometric card use but data storage concerns remain
53 per cent of UK cardholders would trust the use of their fingerprint to authenticate payments more than their PIN…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection