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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.

 

IDEMIA biometric payment card features FPC fingerprint tech

Fingerprint Cards has partnered with IDEMIA to develop a new generation of biometric payment cards. IDEMIA’s F-Code solution, a payment…

 

UnionPay introduces facial recognition-based payment system

UnionPay unveiled its vision for the future of payments at last week’s Singapore FinTech Festival 2017. UnionPay FacePay enables users…

 

Synaptics closing in on mass production of in-display fingerprint sensor

Synaptics shares have risen on a report by Keybanc semiconductors market analyst John Vinh that the company is closer to…

 

Veridium launches partnership and pilot to deliver financial services to underserved populations

Veridium has announced a partnership with South Africa-based financial services platform Wala to provide universal and affordable financial services to…

 

Nations Trust Bank selects Daon’s IdentityX platform for biometric authentication

Nations Trust Bank of Sri Lanka has launched two new apps using biometric authentication powered by Daon’s IdentityX platform. The…

 

Korean banks reject iPhone X face ID due to security concerns

Twenty Korean banks have rejected the facial recognition security feature of Apple’s iPhone X due to security concerns, according to…

 

Dr Hemant Mardia keynotes EAB biometrics in banking and payments seminar in London

IDEX CEO Dr. Hemant Mardia presented the afternoon keynote at the European Association of Biometrics seminar on Biometrics in Banking…

 

BBVA integrates biometric authentication tech from Samsung into banking app

Biometric authentication solution Samsung Pass has been integrated into Spanish bank BBVA’s mobile app to enable consumers with Samsung-compatible smartphones…

 

Fingerprint Cards joins Internet Finance Authentication Alliance

Fingerprint Cards has been accepted as a member of the China-focused Internet Finance Authentication Alliance (IFAA). According to a statement…

 

Facebook files patent for facial recognition for physical payments

A patent application filed by Facebook and published Thursday by the U.S. Patent and Trademark Office (USPTO) indicates the company’s…

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