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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.

 

Biometrics bill sees backlash, Windows 10, Apple patents, fingerprint technology & more top stories

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Windows 10 Microsoft’s…

 

Digital Insight, EyeVerify Inc. offer secure biometric authentication to financial institutions

EyeVerify Inc. is offering biometric authentication across iOS and Android devices to all financial institutions (FIs) using Digital Insight for…

 

Mobey Forum survey shows biometrics a priority in financial services

Mobey Forum has released the results of an industry survey that finds that the financial services industry must set aside…

 

MasterCard to pilot facial recognition for online purchases

MasterCard will launch a small pilot program this fall in which the credit card giant will start approving online purchases…

 

Facephi brings its facial recognition technology to Bolivian banking sector

Facephi announced it has signed a four-year contract with multinational financial services group BBVA Prevision AFP’s Bolivian entity to implement…

 

IDEX partners with global payments firm to develop biometric payment card

IDEX ASA announced it has partnered with an undisclosed global payments firm to develop a worldwide biometric payment card program….

 

Sentenial payment solution implements Natural Security biometric authentication standard

Sentenial recently announced that it implemented Natural Security Alliance’s strong biometric authentication standard in its Nuapay payment solution. By adopting…

 

Wells Fargo to pilot voice and facial biometrics authorization for mobile customers

Wells Fargo announced it will pilot a combination of voice and face recognition biometrics technologies to authenticate mobile iPhone app…

 

Privacy, facial recognition and analyst reports most popular biometrics news

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate this past week. Fingerprints Fingerprints was…

 

Mobey Forum to host ‘biometrics for high-value services’ event

Global mobile banking industry association Mobey Forum, along with Natural Security Alliance and Biometrics Institute, will host an afternoon event…

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