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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.

 

ANZ bank to add Nuance voiceprint ID feature to mobile app

ANZ bank plans to introduce a voiceprint biometric identification feature for mobile apps, developed by Nuance, which will secure all…

 

Sumitomo Mitsui to develop multi-factor biometrics identification solutions

Sumitomo Mitsui Financial Group will develop multi-factor biometric identification solution to enable customers to make secure online payments for the…

 

SmartMetric study finds consumers willing to pay for biometric credit card

SmartMetric has commissioned new research that finds that 67 percent of credit card holders in the United States are willing…

 

Samsung Galaxy S8 to feature Princeton Identity iris technology for Mastercard selfie pay

Princeton Identity announced that its patented iris recognition technology is featured in the Samsung Galaxy S8. Earlier this week Samsung…

 

Mastercard to acquire NuData Security to boost IoT payment security

Mastercard said it will acquire NuData Security, which provides online and mobile fraud detection solutions using behavioral biometrics, according to…

 

PyraMax Bank to use Fiserv DNA platform with palm-vein biometric authentication

PyraMax Bank has selected Fiserv, Inc.’s DNA account processing platform with palm-vein biometric authentication to help the bank update its…

 

iBeta wraps up spoofing and liveness testing project

iBeta Quality Assurance, a full-service biometrics, software quality, security, and performance testing lab, recently completed a successful project for a…

 

Equifax survey finds that 56% of UK customers prefer biometric banking

Equifax has published new research that found that 56 percent of UK consumers would prefer to use biometric authentication over…

 

Secure Technology Alliance paper examines mobile ID authentication

The Secure Technology Alliance has released a new white paper that examines the new authentication mechanisms and use cases of…

 

NXT-ID, Fit Pay, Inc. enter letter of intent to combine businesses

NXT-ID, Inc. and Fit Pay, Inc. have entered into letter of intent to combine their businesses in a deal that…

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