Biometric payment solutions startup Liquid secures funding round
Japanese startup Liquid announced on December 25 that it has secured funding from Itochu, Information Services International-Dentsu, Credit Saison and…
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.
Japanese bank using fingerprint authentication at its ATMs
Japan’s Aeon Bank will be introducing ATMs that allow clients to access their account using only fingerprints for identification. The…
KPMG Matchi fintech challenge wants to see biometric access control solutions
The KPMG Fintech Innovation Challenge, operated by Matchi, opened December 15, 2015 and will close on January 7, 2016. The…
Digital payment service Alipay now supports facial recognition login
China’s largest digital payment service, Alipay, now offers its clients a facial recognition login option, according to reports by China…
Biometrics and banking, authentication, cybersecurity and Rapid DNA trending this week
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Biometrics and…
Absa Bank deploys voice biometrics for phone banking transactions
South African bank Absa has deployed a voice biometrics solution to verify private banking clients’ identities to execute phone banking…
The tipping point for biometric security is approaching: Symantec
Symantec’s security intelligence team has put together their top security predictions for 2016 and beyond, and biometrics made the list:…
Former Aadhaar Chairman says India will experience banking transformation
Nandan Nilekani, former chairman of the Unique Identification Authority of India (UIDAI), the government agency in charge of Aadhaar, recently…
Identity verification firm Mitek predictions for mobile industry in 2016
Mobile capture and identity verification firm Mitek has released its four predictions for the mobile industry in 2016. “Over the…
Atom digital bank to use Daon’s mobile biometric authentication platform
UK digital bank Atom, due to launch in 2016, will be using face and voice biometrics as core credentials for…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection