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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.

 

Mexican banks to install fingerprint readers to curb identity theft

Mexico’s National Banking and Security Commission (CNBV) has implemented a new initiative which will see the installation of biometric fingerprint…

 

Facial recognition ATMs mandatory for mainland Mastercard, Visa cardholders in Macau

The Monetary Authority of Macau (AMCM) has made facial recognition technology a mandatory requirement for all mainland withdrawals made by…

 

Visa outlines plan to push Australian banks to adopt biometric authentication

Visa has unveiled a four-year plan to push Australian banks to build infrastructure and implement policies to adopt biometrics authenticated…

 

Nok Nok Labs, Intel integrated authentication solution enable secure payments

Nok Nok Labs announced that its NNL S3 Authentication Suite (S3 Suite) has been integrated to interoperate on the latest…

 

Biometrics-based payment system coming soon for Singapore school kids

Singapore-based Coolpay has customized its biometrics-based loyalty and payment solution, Touché, for the school environment. The customized solution, which eliminates…

 

Study finds many Saudi banks considering biometric solutions

Gemalto has published the results of a recent study in which it found that 69 percent of Saudi Arabian respondents…

 

2018 Payments Summit expands, expects growth

Attendees of the 2018 Secure Technology Alliance Payments Summit can expect to see more than 100 exhibitors and hear from…

 

FIS, Equifax launch identity verification solution

FIS and Equifax have partnered to improve consumer experiences by delivering greater convenience and security to consumers to safeguard them…

 

Branddocs to offer Jumio solutions to Spain and Latin American clients

Branddocs has partnered with Jumio to offer the company’s solutions to its extensive client base in Spain and LATAM. TrustCloud…

 

Hong Kong ATM withdrawals rise after Macau introduces facial recognition at cash dispensing machines

There has been a rise in withdrawals at Hong Kong’s ATMs by banking clients using China UnionPay bank cards following…

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