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.

 

Shinhan Card plans facial recognition retail payments expansion in South Korea

The biometric payment system supplied by Shinhan Card to the CU convenience store at Hanyang University in Seoul has been…

 

Zwipe orders 300K biometric fingerprint sensors from Idex for volume payment card production

Zwipe has ordered 300,000 units of Idex Biometrics’ TrustedBio fingerprint sensors to support the role-out of the Zwipe Pay ONE platform…

 

Could Nigeria’s biometrics-backed BVN show other countries the way for business loans?

Biometrically-secured finance could offer more financing options to help small businesses grow. Nigeria’s biometric Banking Verification Number (BVN) system provides…

 

Manufacturing of Zwipe biometric payment cards for Middle East banks begins

Zwipe will jointly deliver Zwipe Pay ONE to banks across the Middle East with partner Inkript under a newly launched…

 

Zwipe partners up to bring biometric payment cards to MENA banks

Biometric payment cards are becoming available to banks in the Middle East and North Africa through a partnership that will…

 

Russia’s biometric payment system UBS to reach official operation by end of the year

The Unified Biometrics System (UBS) in Russia will be ready to be adopted by shops and restaurants by the end…

 

EFCU deploys Enacomm biometric voice banking tech for upgraded customer service

Nevada-based Elko Federal Credit Union (FCU) has secured a biometrics technology solution with the aim of offering more secure voice…

 

Zwipe to help Nordic banks roll out biometric payment cards with new partnership

Zwipe has a formed a new partnership to roll out biometric payment solutions with Nordic software and digital banking services provider…

 

Biometrics industry could face major opportunity with return of concerts and live sports

Contactless fan experiences and limiting the physical interaction between attendees and venue employees will be a major focus for spectator…

 

Idemia card accelerator program to help fintechs adopt biometrics

Idemia has announced a program that is intended to ensure the rapid issuance of payment cards, including with biometrics, for…

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