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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.

 

Goode Intelligence predicts biometrics will power keyless vehicle entry, more secure payments in 2018

The global biometrics market may experience a brief “plateau” or “dip” in 2018 as “the industry pauses to catch its…

 

Gemalto to supply Bank of Cyprus with biometric payment cards

The Bank of Cyprus has selected Gemalto to supply EMV biometric dual interface payment cards for both chip and contactless…

 

Protec Secure Card to distribute SmartMetric biometric security cards in U.S.

New Jersey-based Protec Secure Card has been appointed the national distributor for SmartMetric’s biometric security cards within the USA. PSC…

 

Mastercard’s Bob Reany on trends in biometric payments authentication

The payments industry is in the midst of a shift toward strong forms of authentication. Mastercard’s decision to retire the…

 

Russian authorities seek access to biometric data as law enforcement surveillance increases

A draft bill to require Russia’s state telecom to provide the Interior Ministry and Federal Security Service (FSB) with bank…

 

Nigerian government biometrics programs yielding results, biometric ATMs coming

Senior Nigerian government officials praised the efforts of the National Immigration Service (NIS) in implementing the country’s biometric visa at…

 

Humaniq launches biometrics-powered fintech app in five African countries

Humaniq has announced the launch of its Android App to enable users in Africa to access to next-generation financial services…

 

Visa survey shows consumers are ready for biometrics

Consumers are ready to give up passwords for biometrics, according to survey results from Visa which show 86 percent are…

 

Biometrics the preferred second factor for strong customer authentication for mobile commerce

Biometric authentication will continue to be adopted for mobile commerce due to its combination of better security and improved user…

 

Zwipe publishes report on biometric authentication solutions for payments

Zwipe has released a report on biometric authentication solutions for payments. The report is based upon market research features interviews…

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