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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.

 

Cardless ATM: creating a secure and convenient customer experience

This is a guest post by Michael Lynch, Chief Strategy Officer at InAuth. In 2017, many of the largest US…

 

ENACOMM partners with DCI to pitch conversational banking

ENACOMM has announced a partnership with Data Center Inc. (DCI) to bring AI-based conversational banking to improve the customer experience,…

 

IDEMIA featuring biometric payment card, authentication and KYC solutions at Money20/20 Europe

IDEMIA announced it will feature a wide range of innovative solutions that will “reinvent the way we Transact, Identify and…

 

Card Tech and Fingerprint Cards to work together on biometric cards for payments

Card Tech and Fingerprint Cards have entered into a technical cooperation agreement to bring a dual interface biometric smartcard to…

 

Finda receives grant from Singapore’s central bank for facial recognition KYC service

Fintech company Finda System has announced it has received a grant from Singapore’s central bank to implement its proprietary facial…

 

Mitek extends global reach with A2iA acquisition

Mitek Systems has acquired artificial intelligence and image analysis company A2iA for €42.5 million (US$49.8 million) in cash and shares…

 

MoneyOnMobile launches biometric ATM solution leveraging Aadhaar

Indian mobile payment network MoneyOnMobile has announced the launch of a biometric ATM cash-out solution, with 3,000 units activated in…

 

Enacomm signs new reseller agreement with FoneLogix

Enacomm announced a new reseller agreement with FoneLogix, an Atlanta-based provider of cloud-hosted VOIP phone systems, solutions and support. Through…

 

OCBC works with Touche to offer fingerprint-based credit card payments

Singapore-based start-up Touché has signed an agreement with the OCBC Bank to offer its biometrics-based payment device and services to…

 

Social grants now delivered with biometric identity verification in South Africa

Magix Africa, DataProof and Fides Cloud Technologies are performing biometric identity verification and data management for the South African Post…

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