FB pixel

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.

 

Mobile payments driving adoption of fingerprint tech by Chinese smartphone vendors

Chinese smartphone vendors are expected to ship 200 to 300 million fingerprint recognition enabled smartphones in 2016, according to a…

 

Hong Kong mobile banking startup using biometrics for identity verification

Neat is a mobile banking startup based in Hong Kong that blends biometric security with machine intelligence. The new bank,…

 

Xura and SpeechPro piloting biometric authentication for enterprise customers in financial services sector

Xura announced that it is working with SpeechPro to pilot its biometric technology and offer enterprise customers, particularly those in…

 

Biometrics and border management, voice, fingerprint and facial recognition trending this week

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

 

NuData picks up Merchant Risk Council award for its innovative technology

Identity verification and fraud detection firm NuData Security has been honored with its fourth industry award since January. The most…

 

Biometrics helping South African banks to save millions

The Department of Home Affairs’ partnership with the South African banking industry is helping to save millions of dollars in…

 

Technavio publishes report on global biometric POS terminals market 2016-2020

Technavio has published a new market research report entitled “Global Biometric Point-of-Sales Terminals Market 2016-2020”, which will see the market…

 

FIDO Alliance holding seminar on strong authentication for financial services

The FIDO Alliance is hosting an open seminar later this month to discuss key trends in strong authentication for the…

 

Amazon files patent for facial authentication payment technology

Amazon has filed a new patent application titled “Image Analysis for User Authentication”, which reveals the eCommerce giant’s plans to…

 

Biometrics research, facial recognition, authentication and access control trending this week

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

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events