FB pixel

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 border control, aviation, financial services & more top stories

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Australian to deploy…

 

MasterCard partnership brings Samsung Pay mobile payment service to Europe

Credit card firm MasterCard is extending its global partnership with Samsung Electronics Co. by leveraging the MasterCard Digital Enablement Service…

 

BMO Harris Bank, Citizens Bank offer Touch ID fingerprint authentication

BMO Harris Bank has integrated Touch ID and Passcode technologies into its mobile banking app, enabling customers to log into…

 

Wells Fargo pilots SpeechPro’s combined face and voice authentication technology

Wells Fargo announced it has launched a pilot program of SpeechPro’s biometric technology that enables its business customers to log…

 

Selfies to emerge as both payment, anti-fraud solution

MasterCard is now encouraging everyone to use their smartphones to “take a selfie”. The payment company is currently testing new…

 

Biometric authentication to eliminate PIN and passwords: BBVA Compass report

BBVA Compass has released a new report entitled “Biometrics: the Future of Mobile Payments,” which finds that a new wave…

 

FIDO Alliance names ING, USAA board members, hosting Q&A webinar

The FIDO (Fast IDentity Online) Alliance announced that ING in Europe and USAA in the U.S have joined its board…

 

Wells Fargo sees big opportunity in biometrics

Wells Fargo has formed a new Innovation Group, which will work in partnership with its major businesses to meet the…

 

Fiserv to integrate Fujitsu palm vein biometrics technology

Fujitsu Frontech North America announced it has partnered with Fiserv to integrate Fujitsu’s PalmSecure biometric technology into Fiserv’s DNA account…

 

BIS Research forecasts global biometrics market to reach $25.31B in 2020

Market analyst group BIS Research has authored a new report entitled “Global Biometric Authentication & Identification Market: Focus On Modality,…

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events