PYMNTS survey finds 52% of consumers prefer biometrics over passwords
PYMNTS has released its latest Digital Identity Tracker study, which finds that customers prefer to use “modern authentication methods” instead…
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.
OCBC Malaysia introduces biometric authentication for mobile banking transactions
Malaysia’s OCBC Bank has launched OCBC OneTouch, a mobile banking app that leverages Apple’s Touch ID technology to create a…
National Stock Exchange of India expands use of two-factor authentication
The National Stock Exchange of India (NSE) has implemented a two-factor authentication for users of e-IPOs web-based application to increase…
BoA supports ATM withdrawals using Apple Pay
According to a report in 9 to 5 Mac, Bank of America is outfitting some of its ATMs with Apple…
Crossmatch biometric authentication platform wins Temenos Group award
Authentication and identity management solutions provider Crossmatch announced that it has been awarded “Complementary Solution Provider of the Year” by…
Daon wins credit union industry award
Biometric authentication firm Daon recently announced that it won a 2016 NAFCU Services Innovation Award for its IdentityX platform. The…
Juniper Research study finds biometric authentication key to improving payment security
Juniper Research has released a new study that finds ecommerce merchants and financial institutions will be increasingly investing in online…
Citibank Singapore implementing mobile digital wallets, voice biometrics
Citibank Singapore has been focusing their credit card efforts on mobile e-wallet payments via the Android platform, following last month’s…
Apple to extend Apple Pay to the web this fall
Apple is extending its biometrics-enabled payments service to the web this fall, enabling consumers that use the company’s Safari browser…
Biometrics market research, fingerprint technology and border security trending this week
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Industry insight…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection