Kony and Payveris partner to boost digital payment technology platform
Digital banking solutions provider Kony has partnered with money transfer technology provider Payveris to help financial institutions deliver highly secure…
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.
India Post to procure 270000 biometric scanners to bring bank services to household doorsteps
The government-owned India Post Payments Bank (IPPB) is planning to procure approximately 160,000 smartphones and 270,000 biometric scanners to bring…
Gemalto wins regional Frost & Sullivan Best Practice award for smart payment card infrastructure
Gemalto has been recognized for the impact of its white-label payment application infrastructure PURE on the smart cards market of…
African microlender OKash integrates facial recognition to prevent fraud
African microlender OKash has integrated facial recognition into its mobile app to reduce fraud and improve user experience, Kenyan news…
Bantotal to integrate FacePhi facial recognition tech into its products
FacePhi has signed an agreement with Bantotal, a software developer for financial institutions, that will see Banotal integrate FacePhi’s facial…
Societe Generale introduces biometric technology for online account opening
French multinational bank Societe Generale has announced a new capability which allows customers to open an account online with biometric…
Sthaler announces partnership with CP Plus as Fingopay crowdfunding campaign nears £850,000
With just two days to go in its crowdfunding campaign, Sthaler announced its partnership with CP Plus, one of the…
Alcor Consulting to resell Enacomm’s AI-based voice banking solutions
Enacomm has reached a reseller agreement with VoIP related products and services provider Alcor Consulting to offer its voice biometrics…
Voice and speech recognition predicted to reach $6.9B by 2025 as Alexa-powered banking trials launch
The global market for voice and speech recognition technology is expected to vault from $1.1 billion in 2017 to $6.9…
Axis Bank introduces iris authentication for Aadhaar-based transactions
In an effort to boost its financial inclusion efforts, India’s Axis Bank has introduced an iris authentication feature for Aadhaar-based…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection