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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.

 

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…

 

Morpho to showcase biometric payment tech at CARTES

Morpho has announced that it will be presenting its 3DBioSecure technology at the 2013 CARTES exhibition, taking place this week in…

 

Bank of America looks to biometric ATMs in new patent application

The Bank of America has pushed through a patent application, which describes a biometric ATM system. Reported in ATM Marketplace,…

 

Fonetic builds voice biometrics into trading record keeping compliance tool

Fonetic has integrated voice biometrics capabilities into its Dodd-Frank Trading Record Keeping Compliance Solution to help banks verify a trader’s identity…

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