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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.

 

BBVA extends mobile biometric enrollment to all potential customers

Spanish bank BBVA has added the capability to enroll self-employed people as new business customers through a remote digital process…

 

Lotte Card and Fujitsu launch biometric self-registration for payment system

Lotte Card and Fujitsu recently debuted the world’s first “HandPay” self-registration system that allows consumers to register their biometrics without…

 

CLEAR introduces biometric payments and ID checks for stadium concessions

Seattle sports fans enrolled with biometric identity membership platform CLEAR are now able to move through security quickly and purchase…

 

2019 Payments Summit dates and venue announced

The Secure Technology Alliance announced the 2019 Payments Summit will be held March 11-14 at the Hyatt Regency Phoenix in…

 

ABN Amro Bank NV honored at Identiverse

Ping Identity announced that ABN Amro Bank NV was named the winner of its 2018 Customer Identity Excellence Awards Program…

 

NuData implements 3-D Secure authentication protocol

NuData Security announced today it has integrated the EMV 3-D Secure authentication protocol. The NuData solution uses layers of security…

 

Report provides technical details about biometric smart card market

Antonio D’Albore of Embedded Security News recently released technical research that focuses on biometric smart cards. The report entitled “The…

 

More than 60 percent think sharing biometrics puts identity information at risk

More than three out of five consumers think that providing fingerprint or iris information with companies puts their personal identity…

 

IDEX sensors featured in new biometric smart card for Middle East bank

IDEX announced that it’s fingerprint sensors have been deployed in biometric smart cards launched by an unnamed bank in the…

 

iTrue platform combines blockchain and biometrics to improve user authentication

Blockchain-as-a-Service (BaaS) provider iTrue Limited has developed a development platform with a built-in system for authentication with facial recognition as…

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