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…
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.
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…
Wells Fargo Bank becomes FIDO Alliance member
The Fast IDentity Online Alliance announced that Wells Fargo Bank has become the latest financial institution to join the organization,…
Crossmatch deploys fingerprint identification system at First Bank branch locations
Crossmatch announced that its DigitalPersona Pro Enterprise software and U.are.U 4500 fingerprint readers have been deployed throughout First Bank branch…
MasterCard to issue new contactless credit cards with integrated Zwipe fingerprint sensor in UK
Mastercard will soon issue new credit cards that include an integrated biometric sensor and the Zwipe secure biometric authentication technology…
Biometric Market Analysis and Buyer's Guides
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- Understanding MOSIP
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- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection