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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.

 

Acuant to provide document and biometric verification for onboarding provider Veridate

Financial services onboarding provider Veridate Financial has selected biometric and document verification technology from Acuant to integrate with its end-to-end…

 

Visa piloting payment innovations to enhance the Olympic experience

At a recent media event in Beijing, Visa shared its plans for three Olympic Games-inspired payment moments conceived and designed…

 

Ipsidy partners with Datapro to provide selfie biometrics to Panama bank

Unibank Panama and Datapro, which provides software to the financial institution, have selected Verified by Ipsidy to provide mobile biometric…

 

European banks wrestle with using biometrics to meet multi-factor requirements of PSD2

As the date for implementing the final stage of Europe’s Payment Services Directive 2 (PSD2) approaches, banks in the EU…

 

FacePhi to launch multi-biometric onboarding and authentication system for banks

FacePhi will unveil a banking authentication product which combines facial, optical, fingerprint, signature, and voice recognition to provide what the…

 

Turkish bank deploys Daon’s IdentityX platform for biometric authentication

Daon announced that Akbank has deployed Daon’s IdentityX facial recognition technology for mobile banking authentication. Akbank is the first bank…

 

Touché forms partnership to offer biometric cryptocurrency payments

Singapore-based biometrics company Touché has partnered with online digital identity service EDDITS to enable fingerprint authentication for cryptocurrency payments, e27…

 

Acuant helps Domus Semo Sancus comply with KYC regulations

Domus Semo Sancus (DSS) has selected Acuant’s AssureID for identity verification. DSS is a fintech company building tools to encourage…

 

Banks continue to accept Aadhaar as they await regulator’s interpretation of ruling

Banks in India have begun notifying customers that using Aadhaar and one-time passwords (OTP) to meet know your customer (KYC)…

 

Daon collaborates with Capitec for digital onboarding and client authentication

Daon has signed a multi-year agreement with Capitec Bank of Stellenbosch, South Africa, that will see the two organizations collaborate…

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