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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.

 

Suncorp Bank adds fingerprint authentication feature to mobile app

Financial institution Suncorp Bank announced it has added a fingerprint authentication feature to its mobile banking application, according to a…

 

Biometrics and privacy laws, fingerprints, facial recognition & more top stories

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Iris recognition Virginia…

 

CTBC Bank piloting ATMs that use finger vein scanning and facial recognition

CTBC Bank has began piloting biometric security features for employees, as well as plans to implement finger vein scanning and…

 

Tencent to launch online stock trading platform with facial recognition authentication

Chinese internet service portal Tencent will soon launch an online stock trading platform with a facial recognition authentication system on…

 

South Korean credit card issuer BC Card to adopt biometric identification

Next month, South Korean credit card firm BC Card will become the first local financial institution to provide a biometric…

 

ID Global Solutions acquires payment gateway service MultiPay SAS

Global payment service firm ID Global Solutions Corporation announced that it has acquired payment gateway service MultiPay SAS for an…

 

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…

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