Ducking ID fraud: An ABC for beating cyber-scammers
By Professor Fraser Sampson, former UK Biometrics & Surveillance Camera Commissioner You know the saying: “If it looks like a duck,…
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.
Financial inclusion fintech signs AuthID for remote onboarding, authentication
Biometric identity verification and authentication firm AuthID has landed a new customer – microlending platform Salus which focuses on providing…
Entering the passkey era of identity in payments
By Matt Charpentier, Vice President, Global Head of Authentication, Identity and Tap, Visa Picture this: every time you make an…
Biometrics, tokenization to replace credit card numbers by 2030
Mastercard intends to do away with the 16-digit number on their credit and debit cards and replace them with on-device…
Rising fraud prompts new partnerships for Alloy, Mastercard, Sumsub
There is good news and bad news on the fraud front. The good news is that Jimmy next door is…
Scotland launches center for digital trust and distributed ledger tech
Scotland is launching a new institution focused on bringing innovation into payments and other industries. Over the next two years,…
Nepal grapples with national ID distribution challenges as banks make card mandatory
Since January 14, it is mandatory to present one’s national ID card in Nepal when opening a bank account. This…
Payments and identity converging in digital wallets
Digital wallets tend to be designed primarily for digital IDs or online payments, but as the applications are related, applying…
Fintracker acquisition, Veriff SMB app, ConnectID-Telstra deal to streamline IDV
One of Canada’s biggest providers of title insurance and real estate technology FCT has announced a “majority investment” in identity…
GenAI fueling employee impersonation with biometric spoofs and counterfeit ID fraud
A new report on the state of identity fraud has revealed the startling statistic that half of businesses in North…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection