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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.

 

Top biometrics news stories, week ending September 21

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

 

MasterCard biometric verification system achieves 98% success rate in pilot

MasterCard said that its biometric verification system, which combines both voice and facial recognition, has achieved a 98% success rate…

 

Oxigen launches eKYC service to be used with mobile wallet service

Payment solution company Oxigen announced it launched eKYC services to help Indian citizens use its Oxigen Mobile Wallet Service without…

 

Alipay selects Nok Nok Labs to power FIDO ready authentication on Samsung Galaxy S5

Nok Nok Labs announced that Alipay will soon be using NNL S3 Authentication Suite to enable secure online payments via…

 

Nuance Communications powers ING voice biometrics mobile app

Nuance Communications announced that ING Netherlands is using Nuance’s voice and artificial intelligence technologies to power Inge, the banking institution’s…

 

ING demos voice biometrics for banking app

ING says it is the first bank in Europe to offer voice recognition biometric capabilities by offering voice control mode…

 

AGNITiO to participate in Biometrics in Global Mobile Commerce panel at Global Identity Summit

AGNITiO announced that its CEO Emilio Martinez will participate in a panel discussion entitled “Biometrics in Mobile Commerce” at the…

 

Fujitsu signs master distribution deal with Biyo for digital wallet solution

Fujitsu Frontech North America announced that Biyo (formerly PulseWallet) has signed a master distribution agreement with Biyo’s Digital Wallet for…

 

Top biometrics news stories, week ending September 14

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

 

Fujitsu PalmSecure to provide biometrics technology for Robocoin kiosks

Bitcoin currency and cash dispensing firm Robocoin will use Fujitsu’s PalmSecure biometrics technology to positively authenticate customers on its entire…

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