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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.

 

EyeVerify launches cloud ID platform in Asia, rebrands to Zoloz

EyeVerify is now providing its cloud-based identification solution for the underserved and underbanked people in Asia, according to a company…

 

Seamless financial services: the challenge to deliver both security and convenience

This is a guest post by Xavier Larduinat, Head of Banking and Payment Innovation at Gemalto. Since the dawn of…

 

Bank of America to pilot Samsung iris recognition for mobile banking

Bank of America will soon launch a pilot program in which it will use Samsung’s iris biometric authentication technology to…

 

First European trial of Mastercard’s biometric card completed

UniCredit Bulbank of Bulgaria recently completed the first European trial of Mastercard’s biometric card, which combines chip technology with fingerprint…

 

Blockchain, biometrics, and the future of financial services

This is a guest post by James Stickland, CEO of Veridium. Continued innovation in financial services is driving more banks…

 

Insurers slowly adopting biometrics for a more seamless experience

Insurance agencies are slowly working towards adopting biometric technologies such as fingerprint, voice and facial recognition to provide clients with…

 

Australian payments fraud report suggests biometrics for customer authentication

The Australian Payments Network released its 2016 Australian Payments Fraud Data Report, which revealed that recent increases in card fraud…

 

InAuth, AimBrain to deliver six-factor mobile authentication solution

InAuth and AimBrain have partnered to enable banks and financial institutions, digital wallet providers, payment service providers (PSPs) and other organizations…

 

Humaniq launches financial inclusion app with biometric authentication

Humaniq has launched its Blockchain-powered financial inclusion app. According to a company statement, the app will enable the world’s 2…

 

Is Mastercard bridging the gap from passwords to biometrics?

This is a guest post by Thomas Yohannan, a mentor at Alchemist Accelerator. MasterCard rolled out an interesting initiative a…

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