NEC showcasing facial recognition tech for mobile authentication at Singapore Fintech Festival
NEC Corporation and NEC Asia Pacific are participating at the inaugural Singapore FinTech Festival conference and exhibition being held this…
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.
Two Hong Kong banks to test emerging biometric technologies
Last week, Hong Kong Monetary Authority (HKMA) Chief Executive Norman Chan said that the banking regulator received applications from two…
Survey addresses consumers security concerns when holiday shopping online
Computop released the results of its 2016 Holiday Shopping Season study, in which it surveyed US and UK consumers about…
Visa, BioConnect explore password free multi-factor authentication
In a presentation at this year’s Money20/20, Visa partnered with BioConnect to demonstrate a multi-factor authentication experience that works across…
Virginia CU selects voice biometrics solution by Nuance for client identity verification
Virginia Credit Union is now offering a voice biometrics solution from Nuance Communications to identify members, improve customer service and…
Fiserv awarded for biometric authentication solution implemented at U.S. financial institution
Fintech firm Fiserv, Inc. has received the 2016 IDC Financial Insights FinTech Rankings Real Results Award for ‘customer engagement’ for…
Safran Identity & Security, IDEX to commercialize biometric smart cards
Safran Identity & Security and IDEX ASA announced they have made significant progress toward commercializing the world’s first ISO standard…
Deloitte Australia forecasts growing use of biometric mobile security
Deloitte Australia has released the results of its third annual Mobile Consumer Survey 2016, which signals an increasing shift towards…
Students develop SMS-based biometric authentication system for rural areas
Four students from Birla Institute of Technology and Science have developed an SMS-based biometric authentication system, which can be used…
Biometrics and banking, border security, identity and facial recognition trending this week
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Facial recognition…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection