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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.

 

Indian government calls on vendors to make affordable biometric smartphones

In an effort to more quickly move towards digital cashless economy, the Indian government is calling on local smartphone vendors…

 

IDFC Bank launches Aadhaar Pay for fingerprint-based digital payments

IDFC Bank has launched an app called Aadhaar Pay that is designed to help the millions of Indian citizens without…

 

Chrysler, Gentex to preview and launch automotive biometrics at CES

Chrysler will unveil its new Portal concept minivan with biometric technology at CES 2017, which is based on 20 years…

 

Mitek millennial predictions: Q&A with Mitek CMO Kalle Marsal

Mitek recently released survey findings of the mobile preferences, purchase habits and financial goals of millennials, which forecasts that more…

 

Behavioral biometrics firm helps Arvato Financial Solutions combat fraud

Arvato Financial Solutions has partnered with behavioural biometrics firm NuData Security to develop a joint solution that integrates behavioral analytics…

 

NEC pilots facial recognition payment services

NEC Corporation is testing its cashless payment services using NEC facial recognition technology with Sumitomo Mitsui Financial Group, Inc. (SMFG),…

 

Citibank introduces biometric banking and finance mobile app

Citibank is rolling out a biometric mobile app that combines banking, wealth management and money movement features on a single…

 

Lotte Card integrates Blocko blockchain biometric authentication in payment app

Korean credit card company Lotte Card integrated a biometric-based authentication technology developed by blockchain startup Blocko Inc. in its payment…

 

EyeVerify CEO says biometric banking breakthrough has already begun

The tipping point for biometric authentication for mobile banking may have already arrived, EyeVerify CEO and founder Toby Rush says….

 

EyeVerify brings payment grade biometric security to Comarch’s banking clients

In an effort to provide its client base with payment grade biometric authentication on mobile devices, Comarch is partnering with…

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