Samsung to launch Apple Pay competitor next year, Apple Pay continues to see growth
Samsung is currently in talks to launch a mobile payment service next year, putting it in direct competition with Apple…
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.
Alipay to enable iPhone 5s users in China to make online payments via fingerprint authentication
Chinese online payment solution firm Alipay announced it will enable Chinese users of the iPhone 5s running iOS 8 to…
Unique Identification Authority of India sees 100 million Aadhaar numbers linked to bank accounts
The Unique Identification Authority of India announced that the number of Aadhaar numbers that are connected to bank accounts has…
Credit Union testing facial recognition software for customer identification
Securityplus Federal Credit Union will soon install a new automated teller machine that confirms the customer’s identity using facial recognition…
Voicekey launches voice biometric mobile-point-of-sale device
Voicekey Limited announced it is launching a mobile-point-of-sale solution which offers a fast and secure method of collecting mobile payments….
Biometrics in Banking expands events into 2015
On the heels of October’s successful “Biometrics in Banking” event, the European Association for Biometrics (EAB) has informally announced its…
Most popular biometrics news updates for week ending December 7
Here’s a recap of most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Biometrics Week in Review:…
Italian firm Card Tech’s fingerprint smart card ready for mass production
Italian biometric technology firm Card Tech announced that its new biometric smart card, which features IDEX’s fingerprint swipe sensor, is…
Polish banks ordered to offer strong authentication for online payment systems
Polish banks have until January 31, 2015 to ensure that their online payment systems comply with the new security standards…
Digital bank Atom raises £25m, developing new biometric technologies
UK digital bank Atom announced it has received from a number of high profile investors, including venture capitalist Jon Moulton, Goldman…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection