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.

 

Paymark to test facial recognition payments in Spark 5G innovation lab

New Zealand-based electronic funds transfer company Paymark is moving into Spark’s 5G innovation lab to test using biometric facial recognition…

 

Aflac Japan to secure mobile biometric insurance payments with Nok Nok Labs’ biometrics

Customer of insurance provider Aflac Japan are now able to request “immediate payment service” for cancer treatment on mobile devices…

 

Veridium joins Mastercard accelerator to scale biometric authentication platform

Veridium has announced that it has been selected to join the Mastercard Start Path accelerator program, in recognition of its…

 

HSBC Uruguay deploys FacePhi biometric identification technology

FacePhi has announced a new partnership with HSBC Uruguay, a subsidiary of the HSBC Group, one of the world’s largest…

 

Fingopay to power finger vein biometric payments at Manchester hospitality venues

Fingopay is planning to launch its biometric fintech payment system at leisure and hospitality venues around Manchester this coming summer…

 

Indian banks prepare to launch voluntary biometric Aadhaar authentication

Some banks in India are planning to relaunch Aadhaar-based biometric authentication and KYC processes for opening new accounts in the…

 

German bank integrates Netcetera technology for mobile biometric payment authorization

Deutsche Kreditbank AG (DKB) has integrated a modernized 3-D Secure process for biometric payment approval developed collaboratively with software company…

 

Apple Card secures payments with smartphone biometrics as Mastercard plans for digital trust

Apple has announced a new digital-first credit card built into the iPhone Wallet app with a range of security and…

 

Multifactor authentication slowly entering call center plans

The number of contact center decision makers planning to replace knowledge-based authentication (KBA) with new technologies for multifactor authentication has…

 

Most Filipinos trust physical biometrics for mobile or ATM financial transactions

Filipinos have relatively high comfort levels with biometric identity verification for financial transactions, with 85 percent saying they are comfortable…

Most Read This Week

Featured Company

Biometrics Research

Biometrics White Papers

Biometrics Events

Explaining Biometrics