Entrust, Proof, TransUnion offer platforms, insights to combat financial fraud
Fraud is older than money, so it’s no surprise that it remains a scourge on the modern economy. The first…
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.
Samoa obtains $21M World Bank funding for digital ID, financial inclusion project
The island nation of Samoa in the central South Pacific Ocean is receiving a $21 million grant from the World…
World Bank urged to include underserved, multinationals in DPI planning
As the World Bank and International Monetary Fund (IMF) annual meetings unfolded over the weekend, global policymakers addressed the widening…
Deepfakes and synthetic IDs are already a problem; just wait for the next upgrade
Deepfake fraud has proven its potential to cost businesses millions of dollars. But the deepfake dread reverberating through tech circles…
Biometrics options expand, add more layers to secure financial services
Biometrics are powering more secure payments and financial services in several of the top stories of the week on Biometric…
Ireland’s national payments strategy focuses on digital ID and future payment tools
Ireland’s Minister for Finance, Jack Chambers, launched the National Payments Strategy, which is shaped as a forward-looking plan aimed at…
OneID and Equifax UK to simplify customer onboarding with new digital ID tool
As far as modernizing customer onboarding processes goes, OneID has partnered with Equifax UK to launch a new digital identity…
Kazakhstan shows DPI policy path to digital transformation gains
Nearly all of Kazakhstan’s second-tier banks and 75 payments, microfinance and other financial organizations are now hooked up to the…
Vietnamese bank using national digital ID for online credit card applications
In line with Vietnam’s digital identity transformation push, Vietnam International Bank (VIB) has become the first bank in the country…
Maldives advances towards introduction of digital payments with UPI
India’s UPI (Universal Payments Interface) system is coming to the Maldives, with the president over the weekend approving a Cabinet…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection