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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.


VoiceTrust releases voice biometrics solution

VoiceTrust,a Dubai-based voice biometrics company, has released VT inTalk, a new solution for dynamic caller verification. VT inTalk is an…


Security firm Kaba combines operations in Americas

The Kaba Group, a Swiss-based security firm that provides biometric offerings, has launched a new division that will combine sales,…


South African firm unveils multifunction biometric ID solution

A new biometric solution has been developed by a South African firm to fulfil a need in the marketplace for…


ElcomSoft finds major flaw in UPEK biometrics software

ElcomSoft Co. Ltd, a Russian-based provider of corporate security and IT audit products, issued a warning regarding a major flaw…


Innometriks to demo multi-modal biometrics scanner

Innometriks will demonstrate its Rhino reader that utilizes Lumidigm fingerprint biometrics at the ASIS security convention in Philadelphia this September….


Biometrics beneficial to banking sector

The banking industry has used authentication measures for clients to access their accounts and other banking services, which includes PINs,…


Philippines using biometrics to provide government pensions

The Philippines’ Government Service Insurance System (GSIS) and Globe Telecom Inc have recently inked a deal which will see more…


Apple working on mobile eWallets with biometrics

Apple might continue to dominate the market due to its proposed purchase of AuthenTec for more than US$356 million. AuthenTec…


Touch screen keypad enhances LEID electronic lockers

LEID Products, LLC, a leader in electronic locker and cabinet storage with biometric asset protection and control, has enhanced protection…


Biometric firm Evermedia ups revenue 375 percent

Biometric firm Evermedia Group, Inc. announced second quarter 2012 revenue of $703,620, an increase of more than 375 percent over…

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