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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.

 

Touchtech Payments to expand biometric payments service throughout Europe

Irish startup Touchtech Payments, which offers a solution that uses biometrics to authenticate online payments, is preparing to expand in…

 

UL to certify biometric processes for banks in Brazil

Following an analysis of its technical capacity and team, UL announced that its São Paulo lab has been accredited by…

 

Oxford Economics study reveals consumers want biometric security measures

Oxford Economics released a study titled “The Future of Money: How digital payments are changing global commerce”, which finds that…

 

Singapore’s new digital identity system to include biometrics

The Singapore government is evaluating biometrics, open APIs and e-payments for its new digital identity system, according to a report…

 

National e-payment plan driving biometrics growth in Thailand

Efforts by the government of Thailand are contributing to growth and optimism at companies providing biometric identity systems in the…

 

SmartMetric to provide update on large scale production of its biometric credit card

SmartMetric will be holding a public conference call this Wednesday at 1:00pm PT to provide an update on the move…

 

Zwipe reveals progress on dual interface biometric payment card

Zwipe issued its financial results for Q4 2016 in which the company stated that it is continuing to make progress…

 

SIT selects Applied Recognition’s face authentication technology for financial services

Strategic Information Technology (SIT) has selected Applied Recognition’s Ver-ID face recognition solution to add further biometric authentication and security capabilities…

 

ID4Africa to provide special symposium on financial sector

This year’s ID4Africa conference will offer a mini-symposium on identification in the financial sector focused on both banking applications and…

 

Mastercard study shows that 43 percent of social media users interested in biometrics

Mastercard released its fifth annual Mastercard Digital Payments Study, which found that 43 percent of social media users expressed interest…

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