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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.

 

MCB Islamic Bank offering Diebold Nixdorf’s biometric ATMs in Pakistan

Pakistan bank MCB Islamic Bank Limited has partnered with German fintech firm Diebold Nixdorf Technology to provide biometric-enabled cash dispensing…

 

Hong Kong startup Neat approves prepaid cards through facial recognition

Hong Kong startup Neat recently launched prepaid credit cards that enable users to register instantly through facial recognition technology, according…

 

India working to replace cash with biometric e-payment

The chief executive of India’s leading economic development agency told attendees at the World Economic Forum in Davos that the…

 

HSBC appoints cybercrime-focused technology advisory board

HSBC has appointed a new technology advisory board of senior CEOs from around the world who will be focusing on…

 

Touché launches biometrics-based loyalty and payment platform

Touché released what it calls the world’s first biometric loyalty and payment platform, eliminating the need for physical payment or…

 

BNP Paribas Wealth Management adds Daon-based biometric authentication product

Financial institution BNP Paribas Wealth Management has introduced a new service which enables customers to log into their accounts and…

 

Secure mobile banking with biometrics

This is a guest post by David van Damme, responsible for partnerships and business development at bunq‎. The mobile industry…

 

Diebold Nixdorf Technology develops biometric authentication solution for Al Rajhi Bank

Saudi Arabian financial institution Al Rajhi Bank recently partnered with German Fintech firm Diebold Nixdorf Technology to develop a biometric-enabled self-service…

 

Bharti Airtel launches Aadhar-based digital banking service in India

Indian telecommunications firm Bharti Airtel officially launched Airtel Payments Bank last week in India, following a series of successful pilot…

 

Spice Money launches Aadhaar-enabled payment system

Spice Money, the domestic remittance service from Spice Digital, is now processing payments through the Aadhaar Enabled Payment System (AEPS),…

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