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.

 

FacePhi confirms record net revenue for fiscal 2018 on international financial sector wins

FacePhi has closed its 2018 fiscal year with a turnover increase from 2017 of 66 percent for its facial recognition…

 

Onfido among eight firms accepted to cross-border regulatory sandbox

Eight firms have been selected to participate in the Global Financial Innovation Network’s (GFIN’s) cross-border regulatory sandbox, including mobile biometrics…

 

Unisys updates Elevate banking platform to support omnichannel approach and third-party services

The newest version of Unisys Corporation’s Elevate omnichannel banking software platform is now available to help banks adopt an open…

 

First biometric card issued by a UK bank enters circulation today

The first biometric fingerprint card issued by a UK bank entered circulation today as part of a three month NatWest…

 

Eazy Financial Services shuffles up its executive management team

Bahraini fintech company Eazy Financial Services has shuffled up its executive management team moving company co-founder Mr. Nayef Tawfiq Al…

 

Alipay launches new biometric facial recognition POS device with $450M incentive program

Alipay has launched a new version of its Dragonfly facial recognition-powered point-of-sale system, and plans to spend CNY3 billion (US$450…

 

Biometric payments introduced at Hong Kong airport duty free stores

Dragonfly POS devices featuring facial recognition capabilities have been launched to Duty Zero stores in Hong Kong International Airport (HKIA)…

 

Big Brazilian bank launches facial biometrics for auto loan applications

Brazil’s largest private bank, Itaú Unibanco, is launching facial biometrics to improve the customer experience of vehicle financing applications while…

 

Fulcrum Biometrics to deliver fingerprint-based KYC banking solution to Bank South Pacific

Bank South Pacific has selected Fulcrum Biometrics to deliver a fingerprint-based know your customer (KYC) banking solution that is expected…

 

Telpo trademark registered in Brazil

Guangdong, China-based retail smart device provider Telpo announced that it has been successful in its application for a Brazilian trademark….

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