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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 biometric fingerprint payments card now lasts five years

SmartMetric, Inc. announced it has increased the life span of its fingerprint activated payments card to an estimated five years,…

 

Afghan Wireless to distribute government salaries via biometric mobile payment system

Afghan mobile carrier Afghan Wireless Communication Company (AWCC) announced that the government is deploying its biometric mobile payment system to…

 

Authentify uses voice biometrics for call center fraud prevention

Authentify announced it has launched Authentify xFA SecureCallCenter, an application that enables financial institutions to curb fraud by authenticating mobile…

 

ING, OCBC banks integrate Touch ID into mobile apps

Financial institutions ING and OCBC both recently launched Touch ID-integrated mobile banking apps to enable customers to sign into their…

 

Tharon Rankins Enterprises launches biometric transaction processing system

Data protection firm Tharon Rankins Enterprises has launched Beconux, its flagship biometric transaction processing system that provides a secure way…

 

MasterCard, First Tech FCU to pilot biometric identification program

First Tech Federal Credit Union and MasterCard will introduced a pilot program later this year that enables First Tech FCU…

 

BioCatch uses behavioral biometrics to detect bank fraud

BioCatch announced it has launched its new account fraud detection solution which detects fraud in new user accounts in the…

 

identiMetrics partners with Harris to provide biometric identification system for school cafeterias

K-12 school nutrition technology firm Harris School Nutrition Solutions recently partnered with biometrics identification solutions firm identiMetrics to provide high…

 

Bank Muscat deploys biometric identification system at branches

Bank Muscat has partnered with the Royal Oman Police to launch a biometric identification system to improve customer service in…

 

Google developing API layer to support Android mobile payments

Google has announced at Mobile World Congress that it is currently developing a new mobile payment system called Android Pay…

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