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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.

 

EAB hosting seminars this week about biometrics in the financial sector

The European Association for Biometrics (EAB) this week is hosting two seminars on the use of biometrics in the financial…

 

Fingerprint Cards argues biometric cards are perfect complement to mobile payments in China

While smartphones are commonly used for payments in China, biometric payment cards can fill a significant and often-forgotten gap in…

 

Biometrics and conversational AI power China’s Tencent-backed online-only bank

Virtual robots powered by facial recognition, speech recognition, natural language processing and other artificial intelligence technologies are providing VIP customer…

 

Signicat chosen to provide digital signing technology to Nordic retail bank customers

Nordic financial institution Resurs Bank has chosen mobile signing technology from Signicat for credit agreements to enable its retail finance…

 

Telpo exhibits, discusses biometric payments at Trustech

Telpo reports a very positive reception as it introduced its next-generation smart payment terminal and biometric devices today at Trustech…

 

Onfido to provide biometric onboarding for financial inclusion blockchain network WORBLI

Blockchain network WORBLI has selected Onfido to provide it with machine learning-based identity verification technology to meet KYC and AML…

 

SPS develops anti-skimming feature for dual interface payment cards

Smart Packaging Solutions (SPS) has introduced a technology to prevent data skimming from dual interface payment cards and reassure hesitant…

 

VIX Verify develops biometric mobile ID app for ASB Bank

Following a pilot program in Auckland and Christchurch, New Zealand bank ASB has rolled out its new biometrics-based mobile ID…

 

Biometrics-secured voice banking with Amazon Alexa now available from two Canadian credit unions

A pair of Canadian credit unions have launched banking services over Amazon Alexa using voice authentication to general availability, Co-op…

 

Papersoft and Integrated Biometrics selected to address financial inclusion in Nigeria

The Nigerian Interbank Settlement System (NIBSS) has selected Papersoft and Integrated Biometrics as technology partners under the country’s Financial Inclusion…

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