Daon provides FIDO-compliant biometric authentication for Hong Kong bank’s mobile customers
Daon and Hong Kong-based ecommerce firm Tradelink have deployed a fingerprint and facial recognition authentication solution for mobile customers of…
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.
Korean credit card companies developing biometrics-based offline payments system
Korean credit card companies Shinhan, BC, and Hana Card announced Sunday that they are developing a finger vein-based payment authorization…
Partnership to promote security and devise improvements for US card payment system
The formation of the Secure Payments Partnership (SPP) was announced this week, uniting diverse elements of the payments ecosystem in…
Banking group urges regulators to approve biometrics and other technologies to ease compliance burden
The Asia Securities Industry and Financial Markets Association says regulators should approve more new technologies for KYC and anti money…
Bank of the West to use Pindrop voice biometrics for fraud detection
Bank of the West will use Pindrop’s proprietary machine learning-powered voice biometrics technology for fraud detection as part of its…
Facepoint Joins NVIDIA accelerator program
Facepoint has joined the NVIDIA Inception program, a virtual accelerator program that helps startups in AI and data sciences during…
Study indicates consumer authentication methods becoming a competitive differentiator
More U.S. consumers consider biometrics “exteremely” or “very” secure than any other form of digital identification (54 percent), ahead of…
Majority of cryptocurrency wallets and exchanges have inadequate identity verification
A shocking 68 percent of 25 prominent digital wallets and cryptocurrency exchanges are allowing users to trade crypto and traditional…
Chargebacks911 executive advocates for biometrics to prevent ecommerce fraud
Dispute mitigation and loss prevention firm Chargebacks911 co-founder and COO Monica Eaton-Cardone is advocating for biometric data to be accepted…
Cardless ATM transactions with mobile device biometrics introduced by Mastercard and Diebold Nixdorf
Mastercard and Diebold Nixdorf is introducing a new Cardless ATM at Money20/20 Europe, and has announced a pair of trials…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection