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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.

 

Gambian Biometric Identification Programme Progressing Well

The Gambian government has announced that its biometric identification system is establishing itself successfully with about 302,637 people enrolled and…

 

Nuance Announces Dragon ID Voice Biometrics for Mobile

Nuance Communications, Inc. on Tuesday announced a new voice biometrics technology, Dragon ID, allowing mobile device users to unlock their…

 

Hamilton Telecommunications Joins Fujitsu PalmPartner Program

Fujitsu Frontech North America (FFNA) and Hamilton Telecommunications have partnered to offer a secure biometric solution through Fujitsu’s PalmPartner program….

 

Biometrics to enable mobile phone money transfers

Mobilis Networks Limited has launched fingerprint verification for international money transfers via mobile phones. This service is currently being rolled…

 

Expert says South Africa ahead on biometric uptake

South Africa is ahead on biometric uptake. That pronouncement emerged from a briefing for financial sector representatives conducted in Johannesburg…

 

EyeVerify Closes the Lid on A $1.4M Seed Capital Round

EyeVerify, an eye vein biometrics software company, recently announced the closing of a $1.4 million seed funding round. The company’s…

 

Biometric security now available for SAP

Secugen fingerprint readers now work in combination with bioLock software from Realtime North America Inc., to provide a biometric identity…

 

Biometrics to bring proper IDs to India

The Unique Identity program of the Indian Government has, so far, been able to successfully enroll about 200 million citizens. …

 

Biometric Verification Mandatory for Nigeria Bank Customers

A new “know-your-customers” exercise will commence by the Central Bank of Nigeria on September 1, 2012.  The exercise aims to adopt…

 

Smart Card, Fingerprint Reader Launched for iPhone

Precise Biometrics recently unveiled its Tactivo product. The Tactivo is a smart card and fingerprint reader designed for the iPhone….

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