Financial Services

Financial service biometrics refers to biometric systems used to aid in the flow of money. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as mobile wallet applications and cash transfer systems.

 

European Banking Authority sets conditions for PSD2 authentication compliance extension

The European Banking Authority (EBA) has agreed to allow conditional extensions of the deadline for implementing strong customer authentication (SCA)…

 

Diebold Nixdorf launches ATM line to support biometrics

Diebold Nixdorf has launched a new series of self-service ATMs which can support digital-native features like biometrics and NFC with…

 

OneSpan honored for real-time fraud detection capabilities, intuitive UX

OneSpan‘s Intelligent Adaptative Authentication was named Best Fintech Solution as part of the 2019 SIIA CODiE Awards. The peer-reviewed program…

 

Fingerprint and facial biometric bank account openings in Thailand on for Q3

Thailand’s central bank has announced that biometrics can be used by the country’s financial institutions to verify account openings in…

 

TypingDNA biometrics integrated with XTN fraud prevention solution

TypingDNA announced today a partnership with cybersecurity firm XTN Cognitive Security that will see its proprietary typing biometrics technology integrated…

 

Ithmaar Bank rolls out biometric ATM network in Bahrain

Bahrain-based Ithmaar Bank reports it has successfully launched the region’s first biometrics-enabled cardless Automated Teller Machine network. Bank customers can…

 

Banco Agrícola deploys Mobbeel’s biometric digital onboarding technology

Banco Agrícola in El Salvador has deployed biometric digital onboarding technology from Mobbeel into its mobile banking application to quickly…

 

Bank ABC leverages Jumio biometrics to streamline KYC and identity proofing

Jumio announced today a partnership with Bahrain-based Bank ABC that will enable the international financial services company to compliantly and…

 

Wirecard introduces palm biometrics payment terminal

Wirecard is adding a palm biometrics payment terminal to its expanding portfolio of biometric ayments solutions that enable fast, convenient…

 

UN panel praises financial inclusion gains from India’s biometric digital ID system

A United Nations high-level panel on digital cooperation has lauded India’s financial inclusion efforts, including its Aadhaar national biometric system…

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