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.

 

Global payment networks are reading palms as the future in retail

Palm biometrics scans are joining taps with smartphones and smartwatches and pay-by-face systems as an increasingly popular option for making…

 

Mastercard replacement of OTPs with passkeys and Click to Pay reaches APAC

Mastercard is enabling faster and more convenient online transactions with its newest feature, Mastercard Click to Pay, launching in the…

 

Digital fraud hits those who can least afford it most often, Sumsub finds

A Sumsub analysis compiled as its First Global Fraud Index has shed the light on the global digital fraud trend…

 

ATO prevention remains top focus for key biometrics firms

Account takeover (ATO) fraud continues to be a concern, and as a result, digital identity industry leaders are introducing new…

 

South Africa begins work on national digital ID to stem fraud

South Africa has revealed its intention to develop a national digital identity system to provide a single, unified credential for…

 

Zanzibar prioritizes financial inclusion, IDV in blockchain sandbox

The government of Zanzibar has launched a national blockchain sandbox for tech startups for the development of solutions in different…

 

Mastercard, Orange partner to increase financial inclusion in seven African countries

A deal between Orange Middle East and Africa and Mastercard aimed at driving financial inclusion for millions of Africans across…

 

Google extending digital wallet to kids for contactless payments

Google plans to make its digital wallet available to children whose parents or guardians use the Family Link app so…

 

Digital identity and fraud prevention big growth opportunities in payments: Discover

A leading global payment network says digital identity should be a top priority within the payments ecosystem. Discover has released…

 

Visa and USAID partner to boost financial inclusion in emerging markets

Digitization of government systems and payments to promote financial inclusion and economic growth is on the agenda for Visa as…

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