Are digital wallets safe? New research says ‘no’
Digital payment wallets have exploded in recent years and are expected to reach 5.2 billion users globally by 2026. But…
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.
Indian regulator considers biometric authentication for UPI payments
The National Payments Corporation of India is considering integrating biometric authentication into its Unified Payments Interface (UPI) transactions as a…
Worldcoin bringing iris biometrics operation to Malaysia
“Orbs coming to Malaysia,” says a new announcement from Worldcoin. “Verify your humanness.” The iris biometrics, digital ID and cryptocurrency…
Digital IDs can boost US financial inclusion say govt, private sector experts
Creating an inclusive financial system will require effective ways to verify people’s identities and prevent fraud. A recent event from…
The role of digital wallets in Pakistan’s digital public infrastructure
Pakistan’s speedy digital transformation has resulted in digital wallets becoming an important component of the country’s financial environment. Platforms such…
Idex, TaluCard launching biometric payment card for the visually impaired
A new biometric payment card, developed in collaboration with TaluCard, Idex Biometrics, and a London-based issuer, is set to launch…
Advance.AI solidifies Philippines presence with credit bureau services
Selfie biometrics-based ID verification and compliance risk management services provider Advance.AI has announced a partnership with the Philippines Credit Information…
Jumio, FullCircl, Signzy chosen for fast onboarding and KYC
Biometric identity verification providers are signing up customers for KYC and AML checks across a range of verticals. Jumio will…
Google Pay biometric authentication integrated into Checkout.com for digital payments
An announcement from Checkout.com says it has become the first digital payments provider to integrate Google Pay’s secure biometric authentication…
Digital ID and superannuation pilot projects in PNG approved to boost financial inclusion
The Bank of Papua New Guinea (BPNG) has approved pilot projects aimed at transforming the nation’s financial landscape. According to…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection