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…
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.
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,…
Enacomm CMO compares biometric authentication methods, financial institutions exploring biometrics & more top stories
Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Comparing biometric authentication…
Biometrics market growth to be driven by integration into consumer electronics: report
Research analyst group IndustryArc announced it has published a new report entitled “Next Generation Biometrics Market Analysis (2014 – 2020)“,…
Credit card companies, banks piloting biometric authentication technologies
Credit card companies and Canadian banks are developing biometric authentication technologies to enable customers to validate transactions both in-store and…
NXT-ID patents personalized tokenized payments for next-gen payment technology
NXT-ID announced it has received provisional patent 62/192218 for “Personalized Tokenization System and Method”, which covers its next-generation payment technology…
Biometric Market Analysis and Buyer's Guides
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