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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.

 

Visa study finds Australians prefer biometrics over PINs for payment authentication

Visa released its sponsored YouGov study that found that Australians are slowly accepting the idea of making payments via Internet…

 

Study finds Americans support biometrics-based payment systems

Viewpost released the results of a new survey covering American consumers’ perceptions about “futuristic” payments technologies and currencies, including biometric…

 

Ping An to provide AI technologies to Chinese financial services firms

Ping An Insurance (Group) plans to offer its latest artificial intelligence technologies to other financial services providers throughout mainland China,…

 

HSBC, Barclays join EU project aimed at testing digital ID standards for cross-border banking

HSBC and Barclays have joined a new EU group comprised of private and public sector organizations testing the use of…

 

Viewpost study finds US consumers looking forward to face, voice recognition payments

Online invoicing and payment firm Viewpost has released the results of a new survey that finds that people are looking…

 

UN using IrisGuard ethereum blockchain payment platform for refugees

The United Nations High Commissioner of Refugees (UNHCR) is using IrisGuard’s private Ethereum blockchain technology to enable streamlined payment services…

 

ICBC deploys FacePhi technology for mobile banking authentication

FacePhi announced a new contract this week with the Industrial and Commercial Bank of China (ICBC). ICBC will deploy FacePhi’s…

 

SmartMetric completes development of its self-powered fingerprint credit card

SmartMetric has completed development of its new credit card, embedded with a super thin, self-powered fingerprint scanner. The biometric credit…

 

Biometric banking

This is a guest post by Paul Sheldon Foote, of the Department of Accounting at California State University, Fullerton. Many…

 

BioMetric Signature ID acknowledged at Texas Bankers Association convention

BioMetric Signature ID (BSI) has been awarded the 2017 “Best of Show” award at the recent Texas Bankers Association 133rd…

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