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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.

 

Fintech start-ups compete for enrollment in MasterCard Start Path program

MasterCard is set to hold its fourth Innovation Award event in Israel February 16-17, where the best fintech start-ups will…

 

Webster Bank using Apple Touch ID to offer fingerprint authentication for customers

US-based Webster Bank has integrated Apple’s Touch ID technology into its mobile app to enable customers to login to their…

 

China’s first Internet banking service Webank to use facial recognition technology

Earlier this week, Webank launched the “test run” of its Internet banking service, which will use facial recognition technology as…

 

Fujitsu to demonstrate biometric solutions at retail convention

Fujitsu Frontech North America announced it will be demonstrating a range of biometric solutions, including PalmEntry physical access control, during…

 

Frost & Sullivan recognizes BioCatch with award for biometric authentication in banking and finance

Cognitive biometrics firm BioCatch announced that its authentication solution Cognitive Biometrics has been rewarded with Frost & Sullivan’s ‘New Product…

 

HyprKey releases biometric payment gateway at CES

HyprKey, a cyber security startup, announced that it will exhibit its patent-pending HYPR-3 biometric payment gateway technology at the 2015…

 

Banking, ePassports driving biometrics expansion says Gemalto

According to analysis from Gemalto, an international digital security company, banking and border security will continue to drive the expansion…

 

Two mobile devices adopt Natural Security Alliance standard

Natural Security Alliance recently announced the launch of two connected devices implementing its Natural Security standard. The two devices have been…

 

SpeechPro named voice biometrics leader by Opus Research

Last week, SpeechPro was named an industry leader in voice biometrics, in a report published by Opus Research in Speech…

 

Hoyos Labs planning for IPO next year: Bloomberg

Hoyos Labs founder, chairman and CEO Hector Hoyos said he is planning an initial public offering for next year after…

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