FB pixel

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.

 

Authorized fraud rising and ID theft victim support to decline in 2025

It is the end of 2024 and as we gear up for the new year, we can also expect a…

 

Socure calculates major savings from reduced false positives in AML screening

The costs associated with anti-money laundering (AML) regulations start with integrating and deploying systems that carry out identity verification and…

 

Raonsecure $2.5M biometrics deal continues expansion in Japan

South Korea’s Raonsecure has secured a large contract to supply its biometric authentication solution TouchEn OnePass to a major Japanese…

 

In 2025, payments tech will bring to thee, a wallet and a passkey

‘Tis the season for trend forecasting. As 2024 draws to a close, payments firms are lobbing out predictions for what…

 

Vietnam integrating digital ID with more public services to make super app

The Vietnamese government is in the processing of expanding its digital government ecosystem by adding more services to its national…

 

Biometrics back developing shifts in KYC around the world

Biometrics are central to changes in how KYC is conducted around the world being ushered in by trends towards decentralized…

 

Dock introduces credentials recovery, lands new deal with Hong Kong financial sector

Reusable digital identity platform Dock has added a new feature that will allow users to recover their credentials quickly with…

 

Kuwait threatens to freeze all services for those with unregistered biometrics

The government of Kuwait has again warned that citizens and expatriates who fail to register their fingerprint biometrics by December…

 

IANs are the digital fraud protection overhaul the US needs: Liminal

Digital identity authorization networks do not exist as products or services that can be purchased today, but Liminal sees major…

 

KakaoBank nets 15 million users for digital certificate that enables IDV, authentication

South Korean firm KakaoBank has announced that its digital certificate service has surpassed 15 million users. A piece in Business…

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events