China Merchants Bank launches ATMs with facial recognition
China Merchants Bank said it has implemented nine of its facial recognition-enabled ATMs in the city of Shenzhen, adjacent to…
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.
SmartMetric develops a USB interface for EMV biometric chip cards
SmartMetric has developed a miniature USB-enabled chip card connector for reading its biometric chip card for online computer and or…
Fingerprint sensors for payments and banking: Q&A with IDEX CEO Hemant Mardia
On October 16th, the European Association for Biometrics (EAB) will host its second ‘Biometrics in Banking and Payments’ seminar in…
Paycasso and PwC to discuss facial recognition technologies at Biometrics 2015
Paycasso and PricewaterhouseCoopers (PwC) will be at this year’s Biometrics 2015 exhibition, held October 14-15 at the Queen Elizabeth II…
Hong Leong Bank adds fingerprint authentication payment option on app
Malaysian bank Hong Leong Bank has added a biometric fingerprint authentication payment option on its Connect mobile application, according to…
Increasing adoption of biometrics technology by police, airports, financial institutions and schools top the news this week
Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Iris recognition In…
Biometrics market reports released by ABI Research and WinterGreen Research
ABI Research has released new research from its Biometric Technologies and Applications Research Service which forecasts that fingerprint sensors for…
EyeVerify CEO proposes payment grade for the biometrics industry
In a recent blog post, EyeVerify CEO and founder Toby Rush proposes that the biometrics industry needs to define standards…
EAB to host fourth biometrics in banking and payments seminar in London
The European Association for Biometrics (EAB) will hold its fourth ‘Biometrics in Banking and Payments’ seminar on October 16 at…
Canadian bank Tangerine testing facial recognition technology
Canadian financial institution Tangerine is piloting facial recognition technology on mobile phones and other technologies, according to a report by…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection