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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.

 

Maharashtra to deploy multi-biometric criminal ID solution, Aadhaar POS machines

The Maharashtra, India government is expected to choose a technology vendor this month to equip fingerprint, iris and face scanners…

 

Emirates NBD adds digital signatures for authentication, fingerprint-enabled bank app

Emirates NBD has introduced a biometric signature option for customers, as well as launched a new fingerprint-secured banking app aimed…

 

Veridium presenting its mobile banking solution at FinovateEurope

Veridium CEO James Stickland will be demonstrating the company’s proprietary biometrics technology, 4 Finger TouchlessID, as part of its mobile…

 

Gulf Bank acknowledged for its biometrics-secured mobile banking app

Kuwait’s Gulf Bank has picked up two regional World Finance Digital Banking Awards for Best Mobile Banking App and Best…

 

EyeVerify makes predictions for biometrics in banking, announces new deployments

In a recent blog post, EyeVerify summarized the key biometrics-based product launches in the financial industry for 2016, as well…

 

UK music venue implements finger vein biometrics solution to authenticate payments

In an effor to reduce wait times at the bar while introducing more secure transactions, a music venue in the…

 

Mastercard to leverage the Digital India initiative

Mastercard said it is considering integrating facial recognition technology, Masterpass and other online payment methods with other services it currently…

 

DCB Bank to introduce iris scans for Aadhaar authentication

Indian financial institution DCB Bank will soon introduce a new feature at all its branches which enables Aadhaar-registered customers to…

 

BioConnect, Genetec to develop biometric access control solution for banking

BioConnect and Genetec announced they are developing a joint enhanced biometric access control solution designed to address the varying needs…

 

Israeli bank FIBI deploys Transmit Security’s multi-factor authentication platform

The First International Bank of Israel (FIBI) has become the second top five bank in Israel this year to deploy…

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