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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.

 

Visa Europe considers biometric authentication for payment

In his latest blog post, Visa Europe director of new payment propositions Jonathan Vaux attributes the increase in the popularity…

 

Biometric authentication firm BioCatch names VP sales EMEA

BioCatch announced it has named of Richard Perry vice president of sales for Europe, Middle-East, and Africa. Perry joins BioCatch…

 

Credit union offers biometric fingerprint scanning solution to members

Service 1st Federal Credit Union is now offering members biometric fingerprint scanning authentication, developed by RG2 Solutions, according to a…

 

Yapital tests payments by fingerprint scan technology

European cross-channel payment solution Yapital announced it is currently testing payments by fingerprint scan, as an alternative to PIN entry….

 

Top biometrics news stories, week of June 29

Biometrics Week in Review: fingerprint payment systems, voice biometrics for telephone banking, biometrics at U.S. border, IBIA “best practices” document,…

 

Australian Customs to introduce border clearance system with biometric eGates

Australian Customs and Border Protection Services announced it will soon deploy a new border clearance system that supports biometric eGates,…

 

Nexus Smart Pay gets new deployments for biometric fingerprint payment system

Nexus Smart Pay has announced nine new customers piloting the company’s biometric fingerprint payment system. According to the company, these…

 

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…

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