Banks to increase their use of behavioural analytics: report
Aite Group has published a new report, “Digital Channel Fraud Mitigation: The Mobile Force Awakens,” which details the latest threats…
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.
MIDAS Alliance formed to resolve security issues and promote authentication innovation
Various companies in the security industry have collaborated to establish the MIDAS (Mobile Identity Authentication Standard) Alliance, in an effort…
Popular trends in biometrics: a recap of the week’s top reports
Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Facial recognition Facial…
Eastern Bank deploys Nuance voice biometrics authentication solution
Nuance Communications, Inc. announced that Eastern Bank has deployed Nuance’s FreeSpeech voice biometrics authentication solution to enable customers to securely…
Dinube provides mobile biometric payment system to European supermarket chain
European payment network Dinube announced it has provided European supermarket chain BonPreu with a digital payment system that uses tokenization,…
Cognitive biometrics can help strengthen Citibank’s patented device binding solution
In his Infosecurity Magazine opinion piece, BioCatch founder Avi Turgeman explains how cognitive biometrics can complement CitiBank’s recently patented device…
Polish bank developing multi-modal biometric authentication solution
Polish bank PKO BP has partnered with the Gdańsk University of Technology in northern Poland and Microsystem to develop a…
Togo’s selects CrossMatch biometrics solution for employee sign-in and transaction authorization
Crossmatch announced that San Jose-based sandwich chain Togo’s Eateries has deployed its U.are.U 4500 fingerprint readers to increase security, boost…
Majority of US banking consumers prefer mobile biometric authentication over passwords: study
Telstra Global released a new report that reveals the majority of US consumers using mobile banking applications prefer their mobile…
Biometrics and banking, facial recognition and fingerprints favorite topics this week
Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Fingerprints Two of…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection