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.

 

Credit union adopts Fiserv biometrics for authentication and access control

Merck Sharp & Dohme federal credit union, one of the largest in Pennsylvania, has adopted three Verifast biometric authentication solutions…

 

Biometric options expanding as KYC compliance cost reaches €50M a year

Digitizing identity verification with biometrics and other technologies could save a typical bank €10 million (US$11 million) a year according…

 

Nuggets deploys Onfido biometrics for private payment and identity solution

Blockchain payments platform Nuggets has teamed up with Onfido to deliver a private payment and identity solution with facial biometrics…

 

New technologies for finger vein, voice, and facial biometrics unveiled

Several newly-announced technologies could increase the accessibility of biometrics for different use cases, including internet log-ins, browser-based interactions with contact…

 

Researcher emphasizes biometrics process controls as financial services plan new deployments

Several banks and financial service companies have announced biometrics initiatives to enable secure and convenient transactions without using the traditional…

 

WeChat showcases facial recognition POS at China expo

The social and ethical grounds for biometric facial recognition adoption are widely debated, yet a number of companies and organizations…

 

OneConnect and finleap join forces to bring innovative tech to Europe

OneConnect, a service platform for financial institutions in China, will be introducing its biometric identification, cloud, and artificial intelligence (AI)…

 

UNHCR and Zain Wallet use IrisGuard biometrics for refugee aid disbursement

Iris biometric technology from IrisGuard is being used to provide identity verification for refugees in Iraq under a partnership between…

 

Veridas biometric onboarding extended across BBVA’s global operations

Spain-based international bank BBVA has announced it is preparing to extend its biometric onboarding technology to its customers around the…

 

Jumio AI and biometrics added to Nice Actimize X-Sight Marketplace

Jumio has joined Nice Actimize’s X-Sight Marketplace to provide its AI and biometrics technology to help financial services organizations evaluate…

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