Daon and Digi-Sign partner to provide Hong Kong bank with FIDO mobile solution
Daon and Digi-Sign have announced the successful implementation of a biometric solution based on FIDO Alliance standards to replace passwords…
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.
ID Finance adds behavioral biometrics to its AI-based fraud scoring engine
Fintech firm ID Finance is incorporating behavioral biometrics into its AI-based fraud scoring engine to eliminate fraud, boost loan approvals…
UK financial institutions lag global counterparts in adopting authentication technology
More than four out of five UK financial institutions (84 percent) are concerned about their ability to correctly identify customers,…
Rostelecom voice and facial recognition system reaches beta launch
Rostelecom has announced the launch of the beta version of its Unified Biometrics System (UBS) in partnership with three Russian…
Bitstamp selects Onfido to to verify user identities, scale customer onboarding
Cryptocurrency exchange Bitstamp has selected identity verification provider Onfido to help it scale and onboard new customers following the recent…
IFC to support IrisGuard ePayment solution deployment for financial inclusion of Syrian refugees
World Bank Group member IFC and IrisGuard have announced an agreement to expand the reach of iris-based e-payment solutions to…
Strong FIDO adoption in Korea led by financial sector
FIDO authentication standards have swept across Korea’s financial industry, as 21 of the country’s largest 23 banks, and 7 of…
Raonsecure and theloop partner to develop blockchain biometric authentication system
Blockchain company theloop and biometric services company Raonsecure have announced that they have signed a memorandum of understanding to jointly…
Global ecommerce payment market to reach $135 billion by 2022
Technavio expects the global ecommerce payment market to reach $135 billion by 2022, as the trend of using biometric technologies…
Kona I selected as card supplier for Visa biometric payments card pilot
More details have emerged regarding the role of Kona I as a supplier for Visa’s biometric payment cards pilot project….
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection