India’s largest asset management company introduces biometrics-based KYC service
ICICI Prudential Asset Management Company (AMC), India’s largest AMC has introduced a paperless, biometrics-based know your customer (KYC) service across…
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.
SmartMetric’s biometric payment card impresses at Smart Card Alliance Payments Forum
Last week, SmartMetric, for the first time in an exhibition, demonstrated its biometric payment card with built in fingerprint reader…
Biometrics and banking, access control and fingerprint technology trending this week
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Financial services…
South Africa makes smart ID application available online
In an effort to move services from paper to digital and eliminate lengthy queues at its offices, South Africa’s Department…
AI-based image recognition startup Orbeus quietly acquired by Amazon last fall
Earlier this week it was revealed that Amazon quietly acquired image recognition startup Orbeus last fall for an unknown amount,…
Gemalto eBanking solution secures Mexico’s largest bank
The largest bank in Mexico, BBVA Bancomer, is employing Gemalto’s Ezio Suite to validate transactions, prevent fraud and phishing attacks…
Morpho collaborates with Visa to promote biometrics-based payment technology
Morpho (Safran) is contributing its expertise in biometrics as part of a Visa Europe exhibition in Paris, France this month….
UK mobile startup bank Atom goes live with face and voice biometric authentication
According to a report in Finextra, mobile-only startup Atom Bank has gone live in the UK following the lifting of…
Indian bank introduces Aadhaar-based ATM
India`s DCB Bank has introduced an Aadhaar-based ATM where a customer can initiate transactions using their Aadhaar number and biometric…
Diebold showcasing its mobile-driven ATM concept at Money20/20 Europe
Diebold is showcasing its mobile-driven ATM concept this week at Money 20/20 Europe. Following the show, the ATM concept will…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection