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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.

 

B-Secur named one of Gartner’s global Cool Vendors for 2016

Belfast-based biometrics company B-Secur announced that it has been named one of Gartner’s global Cool Vendors for 2016. The firm’s…

 

Facebanx biometric solution designed to prevent phishing fraud

Facebanx’s new anti-fraud technology solution integrates live streaming capabilities with face biometrics to protect organizations from phishing scams. The release…

 

Citigroup rolling out voice recognition for retail customers in Asia

According to a report by Bloomberg, Citigroup Inc will be the first major bank in Asia to bring voice recognition…

 

EAB bringing its biometrics in banking and payments seminar to Istanbul

The European Association for Biometrics (EAB) will hold its next Biometrics in Banking and Payments seminar on May 25 at…

 

Daon establishes strategic partnership with Korea Smart Authentication Corp

Biometric authentication firm Daon announced that the Korea Smart Authentication Corp (KoSAC) has become Daon’s strategic partner for Korea. In…

 

IrisGuard releases EyePay POS terminal

IrisGuard recently released its EyePay point-of-sale terminal (POS) for worldwide merchants of all sizes that utilizes iris recognition as the…

 

ABI Research predicts biometrics market to shift focus on banking, consumer electronics

ABI Research predicts that by 2021 the biometrics market will reach $30 billion and redirect its revenue focus away from…

 

Infosys Finacle, Onegini partnership to strengthen digital banking security

Infosys Finacle and Onegini are partnering to integrate the Onegini mobile security platform with Finacle banking solutions, enabling secure mobile…

 

Alibaba division Ant Financial raises $4.5B in private funding round

Ant Financial (its official name is Zhejiang Ant Small & Micro Financial Services Group), the financial division of Alibaba that…

 

Tangerine adds Eyeprint ID and voice biometrics to its mobile banking app

Canada’s Tangerine Bank has released a new version of its mobile banking app for iOS to include eyeprint recognition and…

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