New biometrics market reports by Goode Intelligence and Technavio
Two new reports for the biometrics industry were recently released. Mobile biometrics for financial services Goode Intelligence has published a…
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.
FacePhi brings facial recognition for mobile banking to Banco del Pacífico in Ecuador
FacePhi announced that Banco del Pacífico in Ecuador has signed a three year agreement to use its facial biometrics technology…
India firm planning to introduce iris authentication payment solution
National Payments Corporation of India is planning to roll out an iris-based authentication system that will enable customers to authenticate…
Congress investigates security of mobile payments
The House Energy & Commerce Committee held a hearing Tuesday to preliminary review disruptive technologies in the mobile payments space,…
McDonald’s testing biometrics technology on POS system
McDonald’s is taking a more proactive approach to its loss prevention efforts by piloting new biometric authentication technology on its…
BioCatch adds to Board of Directors
Behavioral biometrics, authentication and malware detection firm BioCatch, has appointed two new members to the company’s Board of Directors: Gadi…
Mobey Forum publishes biometrics in payments paper
Mobey Forum has published a new whitepaper entitled “Biometrics in Payments: Touching Convenience”, which focuses on the applicability of biometrics…
Liquid implementing biometric payment system at stores throughout Japan
Tokyo-based startup Liquid is implementing its biometric payment system at numerous stores across Japan, authorizing customers to purchase goods and…
Biometrics in fintech, fingerprint authentication and facial recognition top this week’s news
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Fintech and…
Identity theft cases in Mexico increase six times in four years
According to some reports, identity theft is the fastest growing crime in the world and in Mexico the number of…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection