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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.

 

Zwipe makes first shipment of its contactless biometric payment card technology

Zwipe has made the first shipment of its contactless biometric payment card technology for use in commercial pilots by card…

 

Diamond Fortress subsidiary to enable financial inclusion for emerging markets

Mobile biometrics provider Diamond Fortress Technologies launched DFT Empower, the company’s new wholly-owned subsidiary tasked with promoting financial inclusion throughout…

 

Bank of America exploring use of iris, facial recognition technologies

Hari Gopalkrishnan, managing director of consumer facing platforms and technology for Bank of America, says that if consumers find an…

 

Inner city bank leverages biometric technology to make banking more accessible

ATB Financial and Boyle Street Community Services have partnered to form community agency Four Directions Financial, which leverages biometric identification…

 

FPC and Precise Biometrics tech deployed in contactless payment card

Fingerprint Cards‘ FPC1300-series sensor and Precise Biometrics’ algorithm solution for fingerprint recognition in smartcards, Precise BioMatch Embedded, has been integrated…

 

Australia and New Zealand Banking Group want voice biometrics as method of authentication in its call centers

The Australia and New Zealand Banking Group (ANZ) is seeking to use voice biometrics at call centers to authenticate customers…

 

Trustonic enables Koscom SignKorea to provide multi-authentication services

Korean accredited certification authority Koscom SignKorea has selected Trustonic to enable secure multi-authentication services using PINs, biometrics, or passwords. SignKorea…

 

HSBC to deploy FacePhi technology for mobile banking authentication

This week FacePhi announced a new contract with HSBC. The Argentinian branch of HSBC will be the first of the…

 

OT-Morpho’s U.S. innovation center explores biometric banking

OT-Morpho officially opened its first U.S. innovation center in Redwood City, California, which allows visitors to experience a biometric and…

 

Finger vein payment tech installed at campus convenience store in Britian

Sthaler’s Fingopay technology has been installed at a campus convenience store at Brunel University London. The biometrics payments company is…

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