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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.

 

SmartMetric proceeding with licensing and operational testing of its biometric payment card

SmartMetric announced that it is moving ahead with licensing and operational testing of its biometric payment card with an unnamed…

 

HID Global to showcase its expanded biometrics portfolio at connect:ID

HID Global will be showcasing its expanded Lumidigm biometrics offering at next week’s connect:ID conference in Washington, D.C. The company’s…

 

DERMALOG biometrics technology helps fight fraud in Nigeria

DERMALOG‘s biometric identification technology is helping to fight fraud in Nigeria. The country’s government recently identified and removed more than…

 

Wells Fargo adds biometric authentication to mobile banking apps

Wells Fargo & Co. will soon let corporate clients sign in to its commercial banking app using either EyeVerify’s Eyeprint…

 

Digital Insight adds Android fingerprint ID to its mobile banking apps

Digital Insight has added Android fingerprint ID to its mobile banking application. Digital Insight develops a range of online and…

 

Biometrics for access control, fingerprint technology, payments 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. Payments Mastercard…

 

Daon’s IdentityX authentication solution included in MasterCard Identity Check

Biometric authentication firm Daon announced that MasterCard is using its IdentityX Platform as one of the authentication technologies behind MasterCard…

 

Japanese finger vein biometrics firm expands into Hong Kong

Japanese biometrics firm T4U is opening a Hong Kong office as it expands the use of its finger vein identification…

 

Google piloting payment app that uses face biometrics for authentication

Google is piloting a new payment app in San Francisco called Hands Free that uses face biometrics for authentication. The…

 

Nymi collaborates with NXP to enable access control and contactless payments with Nymi Band

Toronto based authentication solution firm Nymi collaborated with NXP Semiconductors at this past week’s RSA Conference to demo physical access,…

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