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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.

 

Welcome to the biometrics age!

This is a guest post by Steve Cook, Director of Business Development at Facebanx. The biometrics age is upon us….

 

Biometrics on the move, facial recognition, biometric payment options, fraud prevention & more top news

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Universal ID management…

 

Worldpay considering integrating facial recognition for UK card transactions

UK payment processing firm Worldpay is looking into ways in which facial recognition can be implemented to help verify consumer…

 

TSI and Trust Designer develop e-wallet with integrated biometric connected device

Online payment solution Ticket Surf International (TSI) and Trust Designer have developed the SesameTouch solution, the first e-wallet with an…

 

Payment service Samsung Pay goes live in the U.S.

Samsung Pay has officially gone live in the U.S., following its launch this past summer in South Korea where it…

 

Visa previews biometric payment options and wearables at summit

Visa Inc. recently held a two-day Team Visa Summit and innovation showcase at its San Francisco headquarters where some Olympic…

 

Accenture and Word Bank release report on universal ID

Today, Accenture and the World Bank released a report to help developing nations create universal ID management systems. The report…

 

Biometrics and law enforcement, new SIBA CEO, identity as a service and more top stories

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. SIBA appoints new…

 

Barclays Bank launches online business portal to be used with Hitachi biometric reader

UK financial institution Barclays Bank has launched its online banking portal that can be used with Hitachi Europe’s biometric reader…

 

Biometrics and elections, Aadhaar, online fraud, Intel’s authentication app & more top stories

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Aadhaar Supreme Court…

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