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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.

 

Hong Kong considering using facial or fingerprint recognition in ATMs

The Hong Kong Monetary Authority is considering using facial recognition or fingerprint technology in the city’s ATMs to increase financial…

 

Eazy, NCR to launch fingerprint payment service in Bahrain

Eazy Financial Services will launch the United Arab Emirates’ first biometric-enabled payment network powered by NCR Corporation in Bahrain, according…

 

Gemalto study finds 48% of users expect mobile devices to be main ID form by 2025

Gemalto released its ‘Mobile Customer Experience’ report revealing that 48 percent of consumers expect a mobile device to become their…

 

Will biometrics improve payment card security?

This is a guest post by Kayla Matthews, a biometrics and technology writer. Most of us are familiar with the…

 

HSBC report finds UK leading in adopting biometric banking technologies

HSBC published a new report based on a survey of 12,000 people in 11 countries which found that only 46…

 

Fujitsu PalmSecure biometric technology integrated in Keyo payment solutions

Fujitsu Frontech North America has partnered with Keyo, granting the biometric retail and hospitality payment solutions provider access to and…

 

Indian government makes biometrics mandatory for e-projects

The Indian government has made biometrics a mandatory consideration for all electronic government projects. In recently issued guidance notes for…

 

Safran exec discusses three ways to use payment infrastructures for new functions

In a recent blog post, Jesper Domargård, director of marketing at Safran Identity & Security, discussed three ways of leveraging…

 

BehavioSec behavioral biometrics solution integrated into Kount fraud platform

BehavioSec has partnered with Kount to integrate its behavioral biometric technology into Kount’s fraud management platform. Kount’s fraud prevention services…

 

Lawsuit alleges Apple Pay violates patents related to biometrics

Device security company Universal Secure Registry (USR) filed a lawsuit in a Delaware Federal District Court Sunday against Apple and…

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