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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.

 

Senator Jay Rockefeller special guest at West Virginia biometrics event

The fifth annual Biometrics and Forensics Seminar and Expo event is being held in Washington, DC tomorrow at The Washington…

 

NADRA introduces Pakistan’s new biometric smart ID cards

NADRA Chairman Tariq Malik announced Pakistan’s roll out of new smart ID cards last week. The announcement was made at…

 

IrisGuard launches new iris recognition camera for banks

IrisGuard Inc. recently announced the release of its latest iris recognition imager, the EyeSign. The EyeSign is a next generation…

 

Fingerprinting improves micro-loan repayment rate in Malawi

Biometric fingerprinting works well in impoverished countries like Malawi that lack a national identification system where even identification as basic…

 

Cairo Amman Bank uses biometrics to register 100,000 customers

Cairo Amman Bank (CAB) recently deployed a flagship biometric solution from IrisGuard Inc.. The customer-oriented iris biometric authentication solution, known…

 

Fingerprint database of security guards set up in Karachi

A 2009 Allied Bank heist that involved private security guards in Karachi has caused the Sindh Police, who are responsible…

 

Ft. Lauderdale police using electronic fingerprinting for background checks

Fort Lauderdale Police have introduced live scan fingerprinting for employment background checks. Live Scan captures fingerprints electronically and transmits them…

 

One in 10 New Zealanders have a voiceprint

According to the Inland Revenue service, New Zealand’s tax-collection agency, over 400,000 people have registered since last November to use…

 

GIA to release a comprehensive report on fingerprint sensors

Global Industry Analysts, Inc. is slated to release a report covering the silicon-based fingerprint sensors market. The comprehensive report will…

 

ANZ to examine use of biometrics for everyday banking

Australian and New Zealand bank ANZ will introduce new technologies including near field communication and will seriously consider implementing biometrics…

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