Australian bank taps facial authentication data to challenge disputed transactions
Commonwealth Bank of Australia (CBA) has reportedly been using facial recognition logins to its banking app to gauge whether customers…
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.
Vietnam ramps up pace of digital transformation as biometrics cleans up banking
Digital governance in Vietnam is gaining momentum, with nearly 40 percent of administrative procedures completed fully online in June. Data-based…
Sri Lanka’s GovPay targets $3B in revenue over next half-decade
Sri Lanka’s Information and Communication Technology Agency (ICTA) plans to generate 1 trillion Sri Lankan rupees (approximately US$3.3 billion) in…
Socure launches Workforce Verification solution to tackle employee fraud
Socure has unveiled its Workforce Verification solution to stop employee fraud at the point of hire. Tailored for recruiting workflows,…
BioCatch launches behavioral analytics tool to help stop APP fraud
BioCatch has unveiled the latest iteration of its behavior-based scam-fighting solution, Scams360, which promises financial institutions the ability to detect…
Philippines senator says biometric verification will address gambling payments fraud
Some senators in the Philippines have positively received a move by the country’s central bank to address the challenges faced…
BioCatch launches behavioral analytics tool to help stop APP fraud
BioCatch has unveiled the latest iteration of its behavior-based scam-fighting solution, Scams360, which promises financial institutions the ability to detect…
Reality Defender graduates from BNY’s Ascent Program 2025
Five early-stage AI and cybersecurity startups have successfully graduated from BNY’s 2025 Ascent Program, including a deepfake detection firm. The…
Anonybit provides decentralized biometrics for digital banking with Q2 integration
Anonybit says it has integrated with the Q2 digital banking platform, making it possible for financial institutions using the service…
GLEIF kicks off corporate digital identity hackathon
The Global Legal Entity Identifier Foundation (GLEIF) has launched a hackathon aimed at developing new applications for its organizational digital…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection