Hitachi, KDDI testing blockchain system for retail payments using finger veins
Hitachi and telecommunications operator KDDI are testing a blockchain-based system to settle retail payments. The trial will look to settle…
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.
B-Secur partners with Analog Devices to bring ECG biometrics to automotive market
Belfast-based biometrics company B-Secur and Analog Devices (ADI) have announced the joint development of an authentication solution to control automobile…
Juniper predicts mobile biometrics will authenticate $2 trillion a year in payments by 2023
Mobile biometrics will be used to authenticate $2 trillion worth of in-store and remote payments annually by 2023, driven by…
Nuance biometric authentication suite saves multinational bank $24 million in three years
A Fortune 100 multinational bank has saved $24 million over three years in avoided fraud incidents and operational savings by…
Trulioo now offers instant identity verification of consumers in the Philippines
Trulioo announced it now offers instant identity verification of consumers in the Philippines through its GlobalGateway platform which helps businesses…
Gemalto addresses biometric payment card myths
There is very minimal risk of an attacker cutting off a person’s finger to use their biometric payment card, because…
Pilots launched for two European digital ID schemes
A pair of new digital identity schemes have been announced in Europe to allow consumers to identify themselves through their…
Indian regulatory body to shut down “Pay to Aadhaar” system
The National Payments Corporation of India (NPCI) has instructed the country’s banks to discontinue Aadhaar-based payments using the Unified Payments…
Enacomm signs distribution agreement with C&A Associates
ENACOMM has announced a new distribution and installation agreement with C&A Associates, a provider of financial processing and asset management…
Payment security software market to grow by 16 percent through 2022
The global market for payment security software will grow by nearly 16 percent CAGR from 2018 to 2022, driven by…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection