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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.

 

EAB seminar to focus on practical issues of biometrics for financial services

The European Assocation for Biometrics (EAB) will carry out its popular Biometrics in Banking and Payments seminar next month at…

 

Fingerprint payment cards to reach 160m shipments by 2022

ABI Research has published its latest Biometric Technologies and Applications report, which finds that biometric technologies are consistently growing their…

 

Kony expands partner ecosystem with digital banking marketplace

Kony is expanding its global partner ecosystem with fintech solutions featured in the Kony Digital Banking Marketplace. A one-stop shop…

 

India updating ATMs to include facial recognition tech

India’s Automated teller machines (ATMs) will be replaced in the next three to four months with new multi-function biometric-enabled machines,…

 

Brazil’s first digital bank branch powered by Diebold Nixdorf

Saque e Pague, a Brazilian multiple service self-service network, is partnering with Diebold Nixdorf on a new digital bank branch….

 

IDEMIA and JCB to introduce F-Code biometric payment card in Japan

IDEMIA has partnered with international payment network JCB to introduce the F-Code biometric payment card to Japanese customers. The F-Code…

 

More banks roll out Face ID login option

Singapore’s OCBC Bank, Britian’s Tesco Bank and Westpac in Australia have updated their mobile banking apps to enable iPhone X…

 

UIDAI proposes payments regulator to prevent conflict of interest

The Unique Identification Authority of India (UIDAI), the the governing body for Aadhaar, is calling for a “payments system regulator”…

 

CBA adds Face ID authentication option to mobile banking app

The Commonwealth Bank of Australia (CBA) has updated its mobile banking app to support Face ID, the facial authentication feature…

 

Two UK banks add Face ID authentication option to mobile banking apps

Nationwide and Bank of Scotland have updated their mobile apps to support Face ID, the facial authentication feature integrated in…

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