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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.

 

Jumio selected by Insights Network to simplify onboarding process

Jumio has announced it has been selected by EOS blockchain-based data exchange Insights Network to streamline the user onboarding authentication…

 

4 out of 5 UAE consumers would switch payment card provider for biometrics

Not only do 98 percent of consumers in the United Arab Emirates want to use biometrics to make payments in…

 

Mizuho Bank taps Fujitsu solution with Nok Nok Labs authentication suite to secure mobile banking

Mizuho Bank, one of the largest in Japan, has deployed Fujitsud’s FIDO-enabled Finplex Online Authentication Service, featuring Nok Nok Labs’…

 

Ipsidy to provide Digital Issuance Platform for Ruta Amiga loyalty rewards program

Columbian marketing company Ruta Amiga S.A.S. has chosen Ipsidy Inc. to provide its Digital Issuance Platform to Ruta Amiga’s new…

 

CasinoCoin selects Jumio to simplify the onboarding process

Jumio has been selected to provide real-time KYC/AML-compliant ID verification for users of CasinoCoin’s new Bankroll Manager wallet, removing the…

 

Survey shows almost everyone in Singapore wants biometric banking

A new survey from Visa reveals that 97 percent of consumers in Singapore are interested in using biometrics, and 96…

 

Daon develops payment technology for Amazon Alexa

Daon has developed technology for financial institutions to allow their customers to transfer money verbally with Amazon’s Alexa, CNET reports….

 

Gemalto tapped by Dai Nippon Printing to secure mobile banking apps with facial recognition

Gemalto has announced that it has been selected by Dai Nippon Printing (DNP) to provide its Mobile Protector facial biometric…

 

ID R&D selected for Plug and Play accelerator program

Startup ID R&D has announced that it has been selected to join the accelerator program for Plug and Play’s Fintech…

 

Former DHS head Tom Ridge says biometrics will restore social trust

Biometric authentication is the method which can enable the connected society to get full benefit of the internet and the…

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