DeFi opportunity for biometric verification providers
The burgeoning decentralized finance or ‘DeFi’ sector could prove a fertile ground for biometric verification providers should services require users…
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.
Biometric capture for PhilID partially suspended
Authorities of the Philippines Statistics Authority (PSA) have temporarily put on hold the biometric capture of registrants for the national…
HID Global delivers secure mobile biometric authentication to Al Ain Finance
HID Global has been selected by private joint-stock firm Al Ain Finance to supply its cloud-based HID Authentication Service and…
Feedzai adds behavioral biometrics to fraud prevention platform with Revelock acquisition
Revelock has been acquired by Feedzai to integrate its advanced behavioral biometric platform into what the latter says will be the…
Zwipe books biometric payment card deal worth more than last two years’ revenue
Zwipe has booked a $1.9 million deal to supply its Zwipe Pay ONE biometric payment card technology to Beautiful Card Corporation…
Integrated Biometrics supplies fingerprint scanners at 460 payments locations in Uruguay
Uruguayan payments and collections provider Redpagos has selected Integrated Biometrics’ fingerprint technology to verify the identity of its customers at…
Face biometrics tested for payments in Moscow Metro, banking in Japan
The Moscow Metro transport system has begun testing its Face Pay biometric fare payment service with 1,000 users to provide…
Tech5 positions biometric platform for Indian payments market with NPCI challenge win
Tech5 has won a challenge giving the company an opportunity to gain a substantial foothold within India’s biometric retail payments and…
Fortress Identity launches new biometric payment platform, upgrades digital ID tools
Fortress Identity has updated two of its digital ID-focused tools, as well as releasing FortressPAY, a new biometric payment platform….
Credit unions adopt biometrics from Access Softek, Enacomm and Nuance
Financial services solutions provider Access Softek has recently unveiled two separate biometrics partnerships. The first one, with Enacomm, will see…
