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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.

 

Feedzai integrates Socure social biometrics platform into risk management solutions

Risk and fraud management software developer Feedzai announced it has partnered with Socure to provide their mutual clients with a…

 

TSI implements Natural Security standard for strong authentication

Online payment and electronic payment firm Ticket Surf International (TSI) has implemented Natural Security Alliance’s strong authentication standard for its…

 

Qatar bank deploys IrisGuard iris recognition technology

Qatar bank QNB is implementing an iris recognition solution by IrisGuard at its branches and ATMs, making it the first…

 

Biometrics and healthcare, rapid DNA, fingerprint authentication for mobile banking & more top stories

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

 

China’s financial sector sees growing adoption rate of facial recognition technology

An increasing number of financial institutions in China are following in the footsteps of Internet bank WeBank by using facial…

 

First Internet Bank deploys EyeVerify biometrics technology

EyeVerify is now providing Eyeprint ID authentication technology for First Internet Bank to use in its personal mobile banking application….

 

BMO makes fingerprint login available to Canadian mobile banking customers

Over the past few months, BMO Financial Group has made its award-winning mobile banking app for its Canadian customers compatible…

 

Nuance provides voice biometric technologies for Manulife contact centers

In a press conference held in Toronto Tuesday morning, insurance firm Manulife announced that it has deployed Nuance’s natural language…

 

BioCatch to present at Visa Europe and Microsoft Ventures conferences

BioCatch announced it has been selected to present on stage at the Visa Europe Innovation Exchange, a one day conference…

 

Biometrics and privacy, fingerprint recognition in schools, online fraud trends and more top stories this week

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

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