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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.

 

Worldpay report finds 63% of consumers willing to use biometric authentication

Worldpay has published a new report on consumer habits that finds that shoppers are becoming more comfortable using biometrics to…

 

Bank of America to integrate Intel fingerprint authentication into banking platform

The Bank of America is partnering with Intel to integrate the company’s biometric authentication solution into its online banking platform…

 

Jumio upgrades trusted identity as a service platform

Jumio has launched its upgraded trusted identity as a service platform to combat growing online threats, increased sophistication by fraudsters…

 

Mitek, Asignio partner to deliver complete identity-as-a-service solution

Mitek has partnered with Asignio to provide a complete identity-as-a-service (IDaaS) solution. By providing identity verification combined with biometric authentication,…

 

Enacomm to resell Clinc AI banking platform

Enacomm, Inc. has signed a new reseller agreement with Clinc, Inc. to deliver Finie — the company’s artificial intelligence (AI)…

 

Financial Conduct Authority firm testing facial recognition for risk profiles

A firm participating in the Financial Conduct Authority (FCA) regulatory sandbox is testing a plan to integrate facial recognition technology…

 

Redrock Biometrics introduces palm-based authentication solution

PalmID, a market-ready, palm-based authentication solution by Redrock Biometrics is now available commercially. PalmID features enrollment portability, so when users…

 

Samsung SDS demonstrating authentication technologies at Money 20/20

Samsung SDS America will demonstrate its authentication technologies, including Samsung SDS Nexsign, with leading partners in the financial industry at…

 

Humaniq founder taking over as chief executive

Alex Fork, the founder of Humaniq, is taking over as CEO as Dinis Guarda steps down to take up a…

 

Mastercard retiring the signature

Mastercard is retiring the signature for in-store credit or debit card purchases in Canada and the US as of April…

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