Financial Services

Financial service biometrics refers to biometric systems used to aid in the flow of money. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as mobile wallet applications and cash transfer systems.

 

NADRA biometric verifications rolled back for mobile banking, seniors

Pakistan’s National Database and Registration Authority (NADRA) is asking commercial banks in the country to disable biometric user verification through…

 

Federal Reserve warns U.S. payments ecosystem of synthetic identity fraud risk

Synthetic identity fraud is a serious and growing problem in the U.S., and can only be dealt with through a…

 

Callsign to provide digital customer identification and authentication for Lloyds Banking Group

Lloyds Banking Group will roll out Callsign’s platform for digital identification and authentication of customers across its core brands, according…

 

Global Payment Services joins Eazy Financial Services biometric payment network

Eazy Financial Services has entered into a strategic partnership with Global Payment Services (GPS) that will have GPS join the…

 

Wirecard partners with YES BANK to broaden availability of biometric financial services

Wirecard and YES BANK are partnering to extend the scope of biometric digital payments with India’s Aadhaar Enabled Payment System…

 

Startup Anchorage raises $40M Series B funding round for multi-biometric crypto vault

Startup multi-biometric cryptocurrency vault provider Anchorage has received $40 million in a Series B investment round to accelerate the growth…

 

Trulioo adds four new countries to identity verification coverage

Trulioo has extended the identity verification capabilities of its GlobalGateway to Bahrain, Georgia, Iceland, and Qatar. The Financial Action Task…

 

Daon, CTMS partner on biometric KYC and onboarding solutions for French-speaking countries

Daon and CTMS have signed a partnership agreement that enables CTMS to deliver KYC and onboarding solutions backed by Daon’s…

 

Aximetria develops local storage voice biometric authorization for crypto wallet

Fintech startup Aximetria has developed a new biometric voice authentication technology for private keyless authorization of mobile banking transactions. Digital…

 

IOTA Foundation develops crypto wallet secured with biometric authentication

The IOTA Foundation has developed a new secure software wallet for IOTA tokens with biometric authentication. The new Trinity Wallet…

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