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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.

 

EAB to host second Biometrics in Banking seminar

The European Association for Biometrics announced it will be holding a seminar entitled “Biometrics in Banking” on October 24 in…

 

Bill Gates talks biometric identification, banking for emerging countries

Bill Gates, co-chair of the Bill & Melinda Gates Foundation, recently said his foundation was ready to partner with the…

 

Barclays using biometric technologies to “completely automate” branch operations

Ashok Vaswani, CEO of retail and business banking at Barclays, said the British bank is currently developing new ways to…

 

New Frontier Group to integrate BehavioSec’s behavioral authentication solution in online banking

New Frontier Group and BehavioSec announced they have partnered to integrate BehavioSec’s Behavioral Authentication into New Frontier Group’s online banking…

 

Nice Systems wins best of show at FinovateFall 2014 for voice biometrics authentication solution

Nice Systems announced it was awarded “Best of Show” at FinovateFall 2014 for its real-time voice biometrics authentication demonstration. Held…

 

Top biometrics news stories, week ending October 5

Here’s a recap of most popular and noteworthy biometrics industry news that appeared on BiometricUpdate.com this past week. Biometrics Week…

 

PayPal split from eBay will advance mobile payment technology

The proposed split off of PayPal from eBay will create benefits that advance mobile payment technology. eBay announced earlier this…

 

Nxt-ID appoints new vice president and chief financial officer

Nxt-ID announced that it has named Vincent S. Miceli the company’s vice president and chief financial officer, effective immediately. Miceli…

 

Tangerine adds Nuance virtual assistant, biometrics to mobile banking app in Canada

Nuance Communications has teamed up with Canadian bank Tangerine to launch a new banking app that includes voice banking, a…

 

Certgate joins the Natural Security Alliance for user authentication

The Natural Security Alliance announced that certgate has joined the organization todevelop new implementations of the Natural Security standard. Based…

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