GenAI payment fraud forces multilayered biometric approach to defense
Many payment systems have turned to biometrics to secure user onboarding in the last few years to detect and prevent…
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.
New partnership delivers secure KYC, KYB services for West Africa
Digital solutions provider Dital Afrique Telecom (DAT) has partnered with trusted ID verification platform IDCanopy to enable banks, fintechs, microfinance…
From starting a business to AML enforcement, LEIs loom large
If you thought paperwork was hard on people, consider the plight of the startup business run by an aspiring entrepreneur….
Fourthline biometrics, Prove behavior analysis give fintechs KYC alternatives
The growth of digital-based financial services means more transactions that must meet regulatory requirements for comprehensive customer verification and authentication….
Financial institutions center identity verification in inclusion and expansion drive
Across the world there is a drive to expand financial inclusion so that more people can have access to banking…
Vietnam’s major telcos join GSMA ID verification, fraud prevention initiative
Vietnam’s largest mobile network operators, Mobifone, Viettel and VNPT, have signed up to fight online fraud and enhance identity verification…
Odds are good for biometrics firms in the global gambling sector
Gambling has always been a vice associated with certain kinds of criminal activity, but the development of the online gambling…
KYC providers add new layers as higher transaction volumes boost market
As more services around the world subject to KYC regulations move online and fraud methods become more sophisticated, identity verification…
Keyo’s palm scanning device now half smaller and even more versatile
The palm payments market has been estimated to be worth US$68.4 million in 2024 and will continue to rise. By…
GLEIF to help increase global visibility of Chinese companies
The Global Legal Entity Identifier Foundation (GLEIF) has a new Legal Entity Identifier (LEI) mapping initiative to increase the global…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection