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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.

 

Massive South Korean resort choses Regula for ID verification, AML integration

South Korea’s INSPIRE Entertainment Resort is one of the largest casinos in the country, and has selected Regula technology for…

 

Industry wants flexibility, extensibility for EU Business Wallet, fears fragmentation 

The European Business Wallet (EBW) should test new pilots, fight financial fraud, integrate international entities, and potentially even allow payments…

 

Signicat expands European digital ID platform with Czech Bank iD

Signicat has added another European digital identity to its unified electronic ID platform, as it pursues its plans to become…

 

Digital identity ‘integral’ to US crypto ambitions: White House

Broad adoption of digital identity by Americans could be the step needed for the U.S. to become the “crypto capital…

 

Digified licensed to offer digital KYC, e-signature services in Egypt

Trusted digital ID verification firm Digified says it has received regulatory clearance to henceforth provide AI-powered digital Know Your Customer…

 

World Bank experts discuss new foundational model for digital payments interoperability

Integrating Fast Payment Systems (FPS) with other components of digital public infrastructure (DPI) such as digital ID and interoperable data…

 

Forter introduces new identity monitoring capabilities for agentic commerce

Forter has unveiled the first installment in a series aimed at helping online retailers manage the surge of AI-powered agents…

 

Philippines to introduce biometric identity verification for online gambling

The Philippines is finalizing new rules to mitigate harms from gambling, including the introduction of biometric identity verification, including facial…

 

Real estate sector turns to QES and IDV to address familiar issues

The real estate industry is experiencing rapid digitalization, rising compliance costs and adopting identity verification for fraud prevention. The UK’s…

 

Indicio, SmartSearch and Socure reach new deals in AML, KYC and KYB

Decentralized digital ID technology firm Indicio is joining hands with Black Mountain Investment Group (BMIG) to issue a new Know…

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