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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.

 

Morpho releases multi-finger touchless fingerprint scanner

Morpho (Safran) announced it has officially launched Finger On the Fly, which it calls the world’s fastest contactless four finger…

 

Apple patents multimode fingerprint scanner for safer financial transactions

Apple announced that the US Patent and Trademark Office has granted the company a series of 48 patents, including a…

 

Top biometrics news stories, week of August 24

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

 

Australian banks implement biometrics for mobile banking

Australian financial institution St George Bank announced it has implemented fingerprint login for its mobile banking service, according to a…

 

Law enforcement biometrics market in North America expected to grow at 18.2% CAGR: report

TechNavio has published its latest research report, “Law Enforcement Biometrics Market in North America 2014-2018” and expects the market to…

 

Top biometrics news stories, week of August 17

Biometrics Week in Review: Technoglobal acquisition strategy, biometrics for prison management, mobile commerce opportunities, biometrics in banking, South African borders,…

 

Mobile Biometric Authentication

Biometric Update Special Reports provides analysis and competitive industry intelligence for the global biometrics industry including market size, multiple industry…

 

UK Science and Technology Committee launch inquiry into use and collection of biometric data

The UK’s Science and Technology Committee has made an inquiry regarding the potential use and collection of biometric data, as…

 

Coinsetter adds biometric security measure to multifactor authentication platform

Coinsetter, a virtual currency exchange, announced it has added a new advanced security measure for its multifactor authentication platform, LaunchKey…

 

Top biometrics news stories, week of August 10

Biometrics Week in Review: next killer app for biometrics, biometric authentication project, airports deploy biometric screening in Australia and Japan,…

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