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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.

 

NXT-ID demos smart wallet at CES 2016

NXT-ID exclusively demonstrated its electronic wallet product to BiometricUpdate.com earlier this month at the 2016 Consumer Electronics Show in Las…

 

Biometrics and banking, fingerprint authentication, wearables and security applications most popular this week

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

 

UK adults comfortable using biometrics to access online banking

According to new research by information services firm Experian, the British public are warming up to the use of biometrics…

 

Financial institutions piloting Cardlab’s fingerprint activated credit card

Cardlab announced that Texas-based card provider Epic One and two banks in Dubai and London are trialing its new biometric…

 

Biometrics and smart gun technology, facial recognition, CES and fingerprint authentication trending this week

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

 

FacePhi facial recognition solution to authenticate Banco Nacional of Costa Rica clients

FacePhi facial recognition technology has been selected by Banco Nacional of Costa Rica to authenticate clients using the banks mobile…

 

SayPay provides voice biometrics solution for Varam Capital

Varam Capital, an Indian micro-finance institution, has selected SayPay Technologies voice biometrics solution to authenticate its clients. Varam supplies loans,…

 

Anil Jain speaks on the significance of biometrics at the 103rd Indian Science Congress

Speaking on the significance of biometrics at the 103rd Indian Science Congress, Anil Jain, professor of computer science and engineering…

 

HID Global exec discusses biometrics and smart cards

Following the acquisition of Lumidigm, HID Global strategically integrated the Lumidigm biometrics technology with its Omnikey contactless smart card readers…

 

EyeLock, Diebold partner on ATM concept that uses iris authentication

Iris authentication firm EyeLock LLC and Diebold have partnered on a new screen-less, self-service ATM concept that uses emerging biometric…

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