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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.

 

SmartMetric continues development on fingerprint activated payment cards following legal dispute

SmartMetric announced it is updating its fingerprint-activated chip and PIN payments card with a CVV number that is displayed only…

 

FIS adds biometric access via Touch ID to ATM mobile banking app

FIS Global announced it has added biometric fingerprint authentication to its Cardless Cash ATM mobile banking application via Apple’s TouchID,…

 

EAB to host three ‘Biometrics in Banking and Payments’ seminars

The European Association for Biometrics announced it is organizing a series of three ‘Biometrics in Banking and Payments’ seminars that…

 

Samsung developing Biosignal ID for smartwatch to process financial transactions

Samsung has been working on remedying issues with its fingerprint scanner for smartphones and tablets, along with developing a way…

 

OneVisage launches 3D facial authentication solution

Switzerland-based digital identity firm OneVisage has unveiled SelfiLogin, a 3D facial authentication product that operates on standard smartphones. OneVisage’s SelfiLogin…

 

DERMALOG demonstrating biometric products at the Hannover CeBIT Exhibition

DERMALOG Identification Systems GmbH announced it is demonstrating its line of biometric identification products at this week’s CeBIT exhibition in…

 

Keybank adds Apple Pay to digital banking services

Buffalo-based banking institution KeyBank N.A. is enabling customers to use the Apple Pay payment system, according to a report by…

 

Nymi to test biometric wristband at UK-based Halifax bank

Following its first successful trial with Royal Bank, Canadian biometric technology firm Nymi is set to undergo trials at the…

 

Alibaba uses facial recognition technology to secure online payments

Alibaba Group Holding Ltd. CEO Jack Ma demonstrated facial recognition technologies for mobile payment system Alipay at the CeBIT trade…

 

Frost & Sullivan hosts webinar that addresses the future of biometrics

Frost & Sullivan will host a free webinar titled, “The Future of Biometrics” on March 17 at 11:00 a.m. –…

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