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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.

 

Visa announces pilot for biometric payment cards

Visa has announced pilot projects for a new EMV dual-interface biometric payment card with chip and contactless transaction capabilities in…

 

Startup Bite offering automated kiosks with facial recognition for restaurants

U.S. fast-food chain Jack in the Box is considering deploying automated kiosks to replace human cashiers at its points-of-sale, CEO…

 

IDEX hosts investor presentation on capturing the second biometric wave

IDEX hosted an investor presentation on “Capturing the Second Biometric Wave” with CEO Dr. Hemant Mardia, CFO Henrik Knudtzon, CTO…

 

Enacomm and Advantel partner to offer financial institutions interactive voice response and voice biometrics

Authentication company Enacomm and voice and data solutions provider Advantel have announced a partnership to provide financial institutions with dynamic…

 

Sequrest to enhance Banking Systems solutions’ security with facial recognition

Cybersecurity firm Sequrest announced it has been selected for a strategic partnership by Banking Systems Ltd of Panama, to implement…

 

Canadian consumer ready to replace passwords with biometrics: survey

An overwhelming majority of Canadian consumers (85 percent) is interested in using biometrics to verify their identity or make a…

 

FPC sensor used in biometric payment card pilot for Bank of Cyprus

Fingerprint Cards is providing touch sensors from its FPC1300-series for the recently announced Bank of Cyprus biometric payment card pilot….

 

Banking the unbanked

This is a guest post by James Stickland, CEO of Veridium. Nearly 3.5B people worldwide are unable to access banking…

 

GEMADEC and Daon form strategic partnership to offer IdentityX platform in African markets

North African technology integrator GEMADEC and Daon announced that they have formed a strategic partnership for North African and Francophone…

 

Zwipe partners with Gemalto on fingerprint activated payment card pilot

Zwipe revealed today that they have partnered with Gemalto to pilot a battery-less dual-interface fingerprint activated payment card with Bank…

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