Signicat broadens remote IDV options with new open banking hub
As more banks and fintechs look for Know Your Customer (KYC) and anti-money laundering (AML) solutions, companies in the digital…
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.
Visa acquires Featurespace to strengthen fraud detection arsenal
In a bid to strengthen its portfolio of fraud detection and risk management tools, Visa is proceeding with the acquisition…
Vietnam: Mandatory biometric authentication leads to big drop in bank account fraud
Vietnam is seeing the positive impacts of implementing biometric authentication when it comes to combating fraud across the banking sector,…
UNDP, Visa partner to boost digital transformation and financial inclusion in Somalia
Somalia is next on the list of countries that are set to receive an injection of support to boost digital…
UK productivity, fraud prevention goals motivate digital ID rethink: David Birch
Digital identity is going back on the agenda in the UK. British lawmakers are arguing that some ID is “inevitable”…
Malware fraud in LATAM rises sharply with persistent ATO attacks, BioCatch says
A new report reveals a surge in malware-driven fraud in Latin America, with cases increasing by 113 percent over the…
PayU embraces native device biometrics to meet India’s authentication mandate
PayU, a digital financial services provider in India, has introduced Flash Pay, a biometric authentication solution for mobile digital payments,…
Nigerian digital ID startup Regfyl raises $1.1M to address Africa’s AML compliance challenges
Regfyl, a Nigerian digital identity verification and fraud detection startup, has secured $1.1 million in a pre-seed funding round. This…
Singapore banks to roll out Singpass face verification
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced that major retail banks…
Global IDV partnerships drive biometric integration in finance
Key partnerships have recently been announced bringing biometric verification systems to a growing number of financial services. AstroPay is integrating…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection