CFIT pushes efforts on digital company ID to tackle economic crime in the UK
The UK’s Centre for Finance, Innovation and Technology (CFIT) has unveiled progress by its coalition of financial institutions, regulators, and…
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.
iProov, iiDENTIFii help Standard Bank create network of trust
It’s one thing to know your customer, and another thing to know your customer is real. As GenAI becomes a…
Ecommerce is losing money to fraud – and looking towards biometrics
Fraud losses continue to plague ecommerce and online payments, with Juniper releasing the latest sobering statistics on merchant losses. Behavioral…
Digital payments adoption in Africa building, but inclusivity lagging
As African countries continue their efforts to build digital public infrastructure (DPI), the digital payments component of DPI is fast…
Smile ID rides Nigeria’s surge in biometric verifications to 200M milestone
Smile ID has completed 200 million identity verification checks across the African continent, after celebrating 150 million checks in June….
US businesses face uphill battle on biometric payments adoption ahead of Black Friday
With nearly half of Americans unfamiliar with biometric payment technology and a quarter expressing privacy concerns, businesses face challenges in…
Global crypto-asset risk management company powers up with Sumsub
A leading crypto asset risk management company is partnering with Sumsub to offer “enhanced capabilities” in screening cryptocurrency wallets, fraud…
Idemia ST teams with GlobalFoundries for entirely European-made smart cards
A two-year partnership is aiming to create a “100 percent” European value chain for smart card technology. GlobalFoundries is collaborating…
WithLess adds Keyless biometrics for compliance as SaaS meets BaaS
UK-based selfie biometrics provider Keyless has integrated its software into the platform of new partner WithLess, to enable fast integration…
South Korean card manufacturers all in on Idex’ biometrics
Biosmart will move on to mass production of biometric payment cards based on Idex Biometrics’ platform after Mastercard gave the…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection