Study finds most banking customers want advanced authentication methods
Iovation partnered with global research and advisory firm Aite Group to release a new study titled “Moving Beyond the Password:…
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.
Digital bank EON selects Daon’s IdentityX platform for biometric authentication
Daon revealed today that Union Bank of the Philippines’ digital banking platform EON selected its IdentityX platform to improve security…
Citigroup’s voice authentication option reaches one million customers in Asia
Citigroup, which rolled out voice recognition technology to its consumer banking customers in Asia Pacific last May, has enrolled one…
Keyo offering biometric payment system with palm vein authentication
Keyo has developed a biometric payment platform that maps the pattern of blood vessels in a person’s hand to generate…
Nigeria to register 16M farmers in biometric database
The Nigerian government said it will register at least 16 million farmers in a new biometric database to enable them…
Aadhaar program wins World Bank praise
Paul Romer, Chief Economist at the World Bank, told Bloomberg that India’s Aadhaar scheme is tremendously effective and should be…
Samsung Galaxy S8 said to use facial recognition technology for payments
Samsung’s upcoming Galaxy S8 will include a facial recognition feature for mobile payments within months of its March 29th release,…
Survey finds half of merchants use consumer authentication for ecommerce
CardinalCommerce has published its fourth annual “Consumer Authentication Survey”, which found that 41 percent of global merchants and 54 percent…
IDFC Bank moves forward with Aadhaar Pay app
IDFC Bank Ltd. has launched the very first Aadhaar Pay merchant platform and mobile application for Google smartphones. IDFC Bank…
Alibaba to establish independent R&D teams to ramp up technologies
Alibaba plans to establish independent research and development teams to ramp up core technologies that support its goal of serving…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection