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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.

 

Biometrics in banking, fingerprint and iris authentication in this week’s most popular news

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. X-ray camera tech…

 

Wells Fargo to introduce biometric authentication options for corporate customers

Wells Fargo recently performed a live demonstration of EyeVerify’s Eyeprint ID solution with which customers can use to scan their…

 

Microsoft looking at mobile payments system for Windows 10

Microsoft is currently developing a payments and wallet system for its Windows 10 mobile platform, revealed Microsoft’s operating systems group…

 

Encap Security establishes advisory board with financial services experts

Encap Security announced it has formed an advisory board comprised of digital banking expert Paal Kaperdal, mobile banking leader Roy…

 

Apple files patent for biometrics with online commerce

Apple has filed for a patent with the U.S. Patent & Trademark Office covering a two-factor biometric authentication process for…

 

Nigeria to link biometric BVN with national ID card by 2016

Nigeria’s federal government has unveiled its plan to link bank customers’ biometrics-enabled bank verification numbers (BVN) with their national identity…

 

Voice biometrics safeguarding the financial industry: Q&A with Brett Beranek of Nuance

It seems as though not a month goes by where a company — particularly one in the financial sector —…

 

Scotiabank incubator to develop biometric banking solutions

Scotiabank announced it is establishing Digital Factory, a downtown Toronto, Canada incubator dedicated to researching and developing digital banking solutions,…

 

IrisGuard wins award for iris recognition electronic payment platform

IrisGuard received the “Industry Contributor Award” for its iris recognition electronic payment platform, EyeBank, at the Emerging Payments Awards 2015….

 

Biometrics 2015, upgrading identification technology and fingerprint authentication this week’s most popular news

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Upgrading biometric technologies…

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