PSCU blocks $1 million in fraud in one month using Pindrop technology
Credit union service organization PCSU announced that it is extending Pindrop’s call center authentication technology to all of its owner…
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.
Arro Money teams up with Onfido to offer real-time ID verification, KYC checks
Arro Money has partnered with Onfido to offer real-time ID verification and “Know Your Customer” (KYC) checks, giving new customers…
Veridium selected to provide biometric employee authentication for Swedish bank
Veridium has announced that Swedish bank Nordea has selected its biometric authentication technology to replace tokens for employee’s high privileged…
Jumio report shows digital identity tools could improve online gambling account opening process
More than one in four online gamblers has given up attempting to open an account because the process was too…
Softex launches fingerprint-based account access solution for financial industry
Enterprise Single Sign-On, IAM and data protection provider Softex has announced the launch of OmniDefend Customer Verification Service (CVS), along…
Hong Kong bank bringing finger vein identification to its ATMs citywide
A Bank of China Hong Kong spokesperson said Tuesday they expected to bring finger vein identification to all of the…
Vsoft adds fingerprint and facial authentication to its digital banking platform Arya
Payments firm Vsoft has announced the addition of fingerprint and facial biometrics to its Arya digital banking platform to provide…
Mastercard bringing online biometric payments to Europe
Starting April 2019, online shoppers in Europe will be able to use biometrics as a way to identify themselves when…
Unisys predicts small and mid-sized banks to expand biometric and AI use
Fintech startups and advances in voice-powered AI will drive an increase in biometric authentication and chatbot use to improve the…
Mitek ID verification solution improves Nocks onboarding time by 98 percent
Mitek has announced that European blockchain provider Nocks has improved its customer onboarding time by 98 percent, from 12 hours…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection