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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.

 

Zicom, Biometronic to provide IriTech iris recognition products in India

Zicom Electronic Security Systems Limited has signed an agreement with Biometronic Technology Pvt. Ltd in which Zicom will distribute Biometronic’s…

 

China’s Central Bank puts restrictions on using biometrics for identity verification

China’s Central Bank has implemented a new policy that will prevent banks from verifying the identities of new customers using…

 

Biometrics for government agencies, face and voice hit big this week

Here’s a recap of the most popular biometrics industry news articles from BiometricUpdate.com this past week. Government contracts There were…

 

Zwipe collaborating with Danish Bank on biometric credit card

Danske Bank said it hopes to launch, within a year, biometric credit cards developed by Zwipe that verifies users’ identities…

 

SmartMetric to release new biometric payment card in U.S. and Europe

SmartMetric, Inc. announced it will soon release its new biometric-activated and user-validated EMV payments card in both the United States…

 

EAB organizing biometrics in banking seminars in Frankfurt, London and Amsterdam

The European Association for Biometrics is currently organizing three ‘Biometrics in Banking and Payments’ seminars that will address the broader…

 

Malauzai Software provides mobile banking apps with Touch ID fingerprint authorization

Mobile banking app developer Malauzai Software has integrated Apple’s Touch ID technology with mobile banking as a part of the…

 

FaceBanx, SpeechPro to provide consumers with face and voice authentication

FaceBanx has partnered with SpeechPro to provide face and voice recognition solutions to FaceBanx’s global telecomm and banking industry customers….

 

realtime North America’s biometric authentication software compatible with SAP HANA

realtime North America Inc. announced that its bioLock Fraud Prevention software solution for use with SAP is now compliant with…

 

STME, Hitachi Europe to provide biometric signing solution to Middle Eastern banks

Solutions provider and systems integrator STME has partnered with Hitachi Europe to provide a digital signing solution to the banking…

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