Idex biometric payment cards order shows signs of life, but role is niche
A release from Idex Biometrics says it has received a production order for biometric payment cards from Japanese manufacturing partner…
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.
Breaches and legacy authentication methods inviting tax, business fraud risk
U.S. tax filers face an increased risk of fraud this year, in part because 640 million consumer records were breached…
Signicat, Smile ID and Regula make new strides in financial industry
Identity verification, KYC and AML companies are making deals from Europe and Africa to Asia, including collaborations designed to boost…
Digital wallets key to securing trust in the crypto world
With Q1 2025 wrapping up at the end of March, global digital identity trends continue to emerge. The latest to…
Amazon expands its palm biometric payment to healthcare
Amazon is one of the major companies to introduce palm biometric payment and the e-commerce giant is now expanding the…
Ghana’s banking industry emphasizes biometric verification for secure transactions
Stakeholders in Ghana’s banking industry have underlined the significant role biometric identity verification plays in combatting financial fraud. Banking and…
Lack of liveness detection costs Nigeria’s financial institutions millions of Naira in fraud
The Nigeria Inter-Bank Settlement System (NIBSS) has revealed that the country’s financial sector lost around 52.26 billion Naira (US$34.8 million)…
US banks must prepare for FIFA World Cup fraud surge: Entersekt
Ahead of an anticipated fraud surge during the biggest sporting event of 2026 in North America, Entersekt warns U.S. banks…
Evolution of fraud demands layered response: AuthenticID, Aware, Daon panel
By now, everyone has received a scam call or a phishing email. Yet amorphous and invisible threat actors – “fraudsters,”…
Fake accounts and refund abuse biggest fraud challenges gig economy faces
Incognia has released the Gig Economy Edition of its annual Frontline Report, which ranks the biggest fraud challenges faced by…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection