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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.

 

Voice biometrics firm SayPay wins APAC regional UBS challenge

Voice biometrics authentication firm SayPay Technologies was recognized as one of three top startups competing in the inaugural “UBS Future…

 

Nigeria aims to enroll 80 million people in biometric database by 2016

The CEO of the National Identity Management Commission (NIMC) said that Nigeria aims to enroll over 80 million Nigerians in…

 

MasterCard to introduce facial recognition payment service in Nigeria, says E-PPAN

The Electronic Payment Providers Association of Nigeria (E-PPAN) said that MasterCard would soon launch a facial recognition payment solution in…

 

Egis Technology promoting fingerprint IC sensors, authentication and mobile payment solutions at Cartes

Egis Technology announced it is exhibiting its new lineup of fingerprint IC sensors, authentication solutions, mobile payment solutions based on…

 

Apple Pay launches in Canada

Apple’s mobile payment service, Apple Pay, is now available in Canada, however, it is limited initially to American Express cards….

 

Biometrics in the data center, fingerprints, authentication and privacy concerns top this week’s news

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

 

mydesq integrates Encap Security’s smarter authentication platform

Encap Security announced that financial technology firm mydesq will integrate Encap’s Smarter Authentication platform into its next generation wealth management…

 

EAB to host biometrics in banking and payments seminar in Amsterdam

The European Association for Biometrics (EAB) will hold its next ‘Biometrics in Banking and Payments’ seminar on November 26 at…

 

Hawaii bankers and attorney general recommend biometrics over chip and PIN tech

The Hawaii Bankers Association and Attorney General Doug Chin have recommended credit card companies consider biometrics over chip and PIN…

 

Sthaler trialing biometric payment solution with Visa Europe Collab and Worldpay

Sthaler is currently trialing its Fingopay biometrics payment solution with Visa Europe Collab and Worldpay, which enables consumers to authenticate…

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