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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.

 

NXT-ID enlists students to help launch biometric wallet

NXT-ID has said that it will team up with students at the John F. Welch College of Business at Sacred Heart…

 

SmartMetric boasts world’s first biometric bitcoin card

SmartMetric has announced that it has developed and will soon launch the SmartMetric Biometric Bitcoin Card. “SmartMetric’s bitcoin card can…

 

NXT-ID appoints Lawrence Flanagan and Ken Moy to its advisory board

NXT-ID has announced the appointment of two new advisory board members: Lawrence Flanagan, and Ken Moy. According to the company, Flanagan…

 

Discover Financial Services joins the FIDO Alliance

Discover Financial Services, and the FIDO Alliance have announced that Discover has joined the alliance and been appointed to the group’s Board…

 

PayTouch announces new round of funding, plans to relocate

PayTouch has announced a new round of funding, that it hopes will held the company raise US$1.38 million (1M€) by the…

 

NXT-ID unveils product features for biometric wallet device ahead of 2014 launch

NXT-ID has unveiled some features users can expect from its soon-to-be-launched biometric wallet product, the Wocket. According to NXT-ID, The Wocket…

 

SmartMetric says fingerprint payment card will be available in Q1 2014

SmartMetric has announced that its fingerprint-activated payments card will be available for quantity sales in the first quarter of 2014. According…

 

ANZ inches closer to a voice biometrics system for its call centers

The Australia and New Zealand Bank is closer than ever to implementing a biometric system to authenticate its customers. Speaking at…

 

Fujitsu and PulseWallet team up for biometric payments

Fujitsu Frontech North America and PulseWallet have announced a new relationship utilizing Fujitsu’s PalmSecure biometric technology for biometric payments. According to…

 

Smart Payment Association to lay out benefits of biometrics at CARTES

The time is now for biometrics in financial services. That’s the message that Lorenzo Gaston, the technical director of the…

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