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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.

 

Barclays rolls out voice biometrics for telephone banking

British bank Barclays will soon be rolling out a voice recognition system, provided by Nuance Communications, which verifies customers based…

 

Top biometrics news stories, week of June 22

Biometrics Week in Review: New biometrics testing facility, Facebook rejects biometrics, Nuance Communications, biometrics market valuation, Aadhaar and NPR, biometric…

 

France interbank network testing biometric payment options

France’s national interbank network, Groupement des Cartes Bancaires CB , is currently testing a biometric solution for payment transactions and is…

 

SunTrust Bank opens new branch with biometric safety deposit box

SunTrust Bank recently opened a new branch in Atlanta that features a fully automated safe deposit box system that allows…

 

Demand from govt, finance promoting growth in facial recognition market: report

Market research report distributor Reportstack announced on Monday it has published a new research paper called Demand From Government, Finance…

 

Palm vein payments startup Quixter recognized at PayExpo

Biometric payments startup Quixter uses palm vein biometrics to authenticate users, and just this past week it was picked as…

 

Top biometrics news stories, week of June 1

Biometrics Week in Review: MasterCard and the Bank of Punjab, Gemalto ePassports in Moldova, Australian immigration and border protection minister…

 

MasterCard, Bank of Punjab launch biometric social security program

MasterCard, along with the Bank of Punjab, have launched a social security program to automate disbursement, subsidy and assistance programs…

 

UAE government examining biometric ID card for payments

The UAE’s biometric civil identification card could soon be used for payments. According to an article in the Gulf News,…

 

NXT-ID says its biometric wallet device is now available for order

NXT-ID has announced that its biometric wallet and payments device — the Wocket — is now available to be ordered. According…

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