Acuity report predicts mobile biometrics growth to disrupt the global payments market
Acuity Market Intelligence has released “The Global Biometrics and Mobility Report: The Convergence of Commerce and Privacy“, which forecasts that…
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.
Australian Taxation Office deploys Nuance voice authentication services in call center
Nuance Communications announced that the Australian Taxation Office (ATO) has deployed voice biometrics solutions in ATO’s call center in an…
NXT-ID Inc. patents behavior-directed payments system
NXT-ID, Inc. announced that it has filed provisional patent 62/188684 for “Behavioral-directed Authentication Method and System”, covering technology which recognizes…
Maybank offers biometric authentication in mobile banking app
Malaysian financial services firm Maybank is now offering a biometric authentication option through its Quick Touch service on the Maybank2u…
Apple Pay officially launches in UK with initial 250,000 supporting retailers
Apple announced earlier this morning it has officially launched its contactless payment service, Apple Pay, following an accidental tweet by…
MasterCard survey reveals that majority of Americans trust new payment technologies
MasterCard announced that it has published the “Emotion of Safety & Security Survey”, conducted by Braun Research, which finds that…
Imagus, Payonyx to jointly develop facial recognition payment authentication service
Imagus and global payment solutions firm Payonyx announced they will jointly develop a facial recognition payment authentication service which will…
Biometrics to monitor tuberculosis cases, FBI criminal history monitoring pilot & more top stories
Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate this past week. Airport facial authentication…
Nigeria’s Central bank extends biometric identification deadline
The Central Bank of Nigeria (CBN) has implemented a four-month extension to the Bank Verification Number (BVN) program, giving Nigerians…
MACU partners with Access Softek and EyeVerify to offer multimodal biometric authentication
Mountain America Credit Union recently introduced a new multimodal biometric authentication feature that allows members to login to the MACU…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection