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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.

 

Unisys and BehavioSec behavioral biometric prototype for Nationwide wins award

Unisys Corporation announced that its client Nationwide Building Society has been recognized with the Retail Banking Security Innovation of the…

 

Frost & Sullivan report highlights biometrics opportunities in fintech market

Frost & Sullivan released new research that details how biometric security will be the future of mobile security and fintechs…

 

CrucialTec partners with smart card firm to develop biometric credit card

Fingerprint technology company CrucialTec and smart card firm Kona-I have developed a smart card fitted with a fingerprint module to…

 

Javelin Strategy report compares mobile strategies of financial institutions

Javelin Strategy has released a new report titled “2016 Mobile Banking Financial Institution Scorecard“, which highlights and compares the various…

 

Kwick partners with Silkbank to provide biometric verification for clients

Pakistan IT services firm Kwick High Tech & Solutions announced it has partnered with Silkbank to initiate the biometric verification…

 

OCBC Bank says voice biometrics for authentication will be available to all retail customers by Q4

Singapore financial institution OCBC Bank announced that retail customers will be able to use a voice biometrics solution to authenticate…

 

Credit union leveraging Crossmatch’s strong authentication platform

In an effort to secure access to all internal applications and eliminate costly password resets, the El Paso Area Teachers…

 

Banco Industrial de Guatemala licenses FacePhi’s facial recognition technology

Through its partner GBM, FacePhi has secured a contract to provide its facial recognition technology to Banco Industrial de Guatemala….

 

Biometrics and privacy, banking and payments, strong authentication trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Privacy Matching…

 

Simplicity is at the heart of the biometric banking experience

This is a guest post by Simon Cadbury, Head of Strategy and Innovation at Intelligent Environments The success of any…

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