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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.

 

Sharia-compliant banking and digital identity gain ground in Kenya and Somalia

Africa as a continent is carrying out a transformation in its financial and digital landscapes, with the rapid adoption of…

 

Hippo lays out NHS and Gamestop case studies for digital identity

How can financial services companies balance security, compliance and user experience? For UK-based digital consultancy Hippo Digital, the answer is…

 

authID.ai signs up 2 integration partners for biometric ATO prevention

authID.ai has formed a reseller partnership with Kaiasoft.com in a bid to extend authID’s biometric capabilities to Kaiasoft.com clients across…

 

Deepfakes are a lurking ghost, with many unaware of increasing risk

For those in the biometric trenches, deepfakes may seem like an ever-present threat, or at least an effective and unavoidable…

 

Colombia’s digital identity initiative sets up financial inclusion gains

Colombia is making strides in financial inclusion, driven by a digital identity initiative that aims to benefit women and marginalized…

 

Payments go biometric: A closer look at success factors and enabling technology innovations

As we move towards a cashless society shaped by digital payments, the need to protect our digital identities and transactions…

 

J.P. Morgan expands biometric payment trials with PopID

J.P. Morgan is expanding biometric payment pilots in retail spaces across the U.S. with its partner PopID. The financial giant…

 

India looks to biometric MFA startups to stanch flow of UPI financial fraud

The National Payments Corporation of India (NPCI) is pursuing biometric startups to provide biometric authentication for Unified Payments Interface (UPI)…

 

Nearly half of Germans embrace digital wallets for online payments

Nearly half (49 percent) of German consumers are turning to digital wallets for their payment needs, according to data from…

 

Businesses predicts revenue boost from digital ID adoption: Regula survey

A study by Forrester Consulting and commissioned by Regula has found that almost 9 in 10 businesses globally anticipate a…

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