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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.

 

Fraudsters don’t work alone — your fraud prevention team shouldn’t either

By André Ferraz, CEO & Co-Founder of Incognia In the digital underworld, collaboration is currency. Fraudsters operate as sophisticated networks — sharing…

 

Cake is Vietnam’s first digital bank to pass iBeta Level 2 PAD test

Cake Digital Bank has become the first digital-only bank in Southeast Asia to pass iBeta’s test for detecting sophisticated face…

 

Banks struggle to fight fraud with AI, reusable ID could help

The vast majority of financial institutions – around 90 percent – are leaning on some form of AI to combat…

 

EUDI Wallet issuance is transformative opportunity for banks: Mobey Forum

The financial industry is currently preparing for the introduction of the European Union Digital Identity (EUDI) Wallet. While the digital…

 

G20 TechSprint seeks digital identity solutions to address trust in finance

The sixth edition of the G20 TechSprint challenge is inviting solutions to address trust and integrity in scalable and open…

 

Daon announces digital IDV partnerships with DigitalFI and CallMiner

Daon is forming a strategic partnership with DigitalFI to build tailored identity verification solutions for small and medium-sized enterprises, and…

 

While AI arms fraudsters, transparent AI stops them

By Armen Najarian, CMO of Sift Generative AI has become a defining force in today’s tech landscape, making everything from…

 

Fintech iCard integrates Regula biometrics to serve 30-plus countries

European e-money platform iCard has upgraded its customer checks with Regula’s biometric and document verification technologies. iCard has moved to…

 

Anonyome and cheqd to monetize VCs with decentralized digital identity

Decentralized payments meet digital identity with Verifiable Credentials. That’s the partnership between cheqd and Anonyome Labs, which promises integration between…

 

AuthenticID and Darwinium execs assess duel between AI fraud and detection

Most businesses are aware of the growing threat that AI-enabled fraud poses as the technology becomes more sophisticated and more…

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