Navigating the new frontier: How advanced technologies secure Canadian financial services
By Willis Morettin, President and Managing Director of Giesecke+Devrient The Canadian financial services industry is at a critical juncture, facing…
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.
Russian banks respond to boom in biometrics adoption
Biometric technologies are being adopted faster than expected in Russia, as over the past year, the number of submitted biometric…
Amartha launches digital wallet to drive financial inclusion in Indonesia
Indonesian fintech firm, Amartha, has obtained a license and launched a digital wallet allowing it to offer digital payment services….
Matica acquires Panini to strengthen secure payment portfolio, US market position
Turin, Italy-based Panini has been acquired by compatriot Matica Fintec, which provides digital identity and card issuance technologies to financial…
IrisGuard seals deal for iris biometrics to secure salary payments in Jordan
A new partnership between IrisGuard and Cairo Amman Bank in Jordan (CAB) has led to the launch of a nationwide…
Toss looks to scale up face biometric payments
South Korea’s Toss says the number of subscribers for FacePay has exceeded 400,000 and that it has plans to expand…
UAE banks prepare for a passwordless future
The Central Bank of the UAE (CBUAE) is mandating the phasing out of SMS-based one-time passwords (OTPs) by March 2026….
Australian banks tackle rampant ID fraud with biometrics, liveness
Identity fraud affects more than a quarter of a million Australians each year, according to recent figures from the Australian…
New corruption scandal hits Pakistan’s biometric safety net program
Pakistan’s Benazir Income Support Program (BISP), a social protection scheme that pays cash benefits to nearly a quarter of the…
Africa’s digital payments landscape needs interoperability, inclusivity
An expert and key actor in Africa’s digital payments sector, Mohamed Elbelamachi, has hailed the significant progress the continent has…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection