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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.

 

INSIDE Secure’s mobile payment solution now Visa Ready

INSIDE Secure announced that its mobile payments security solution has been approved by Visa Inc. for use in Visa Inc….

 

Biometrics for finance applications revenue to reach $2.2B by 2024

Tractica announced it has published a new report titled “Biometrics for Finance Applications”, which examines the global market for biometrics…

 

Data breach aftermath: recent online fraud trends to watch for

This is a guest post by Ryan Wilk, director of customer success at NuData Security Unlike previous ecommerce industry breaches,…

 

Global biometrics market report: banking, financial services and insurance sector

Infiniti Research Limited has published a new report titled “Global Biometrics Market in BFSI Sector 2015-2019”, which forecast the market…

 

Dermalog wins Frost & Sullivan’s biometrics award for achievements in Africa

German biometrics manufacturer Dermalog Identification Systems announced it has been rewarded Frost & Sullivan with the “2015 African Biometrics Company…

 

Biometrics in healthcare, mobile authentication, Aadhaar, Biometrics2015 and more top stories

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Biometrics 2015:…

 

Columbus schools to deploy fingerprint authentication in cafeterias

The Westerville City School District Food Service Department is slowly deploying biometric finger scanning at several of schools throughout the…

 

First Tech Federal Credit Union, MasterCard pilot U.S. biometric payments service

First Tech Federal Credit Union announced it has implemented a pilot program with MasterCard that will enable First Tech employees…

 

SK Planet fingerprint authentication solution secures FIDO certification

South Korean payment service firm SK Planet announced that its biometric authentication solution passed the Fast IDentity Online (FIDO) Alliance’s…

 

Nigerian government recommends unified biometric data collection and usage

Upon reading a briefing on the activities of the National Population Commission (NPC), Nigerian President Muhammadu Buhari recommended that government…

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