FB pixel

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.

 

Registration for Thailand’s digital wallet launches

Thailand’s new digital wallet scheme could attract over 1.6 million shops as Commerce Minister Phumtham Wechayachai announces eligibility for around…

 

Strengthening biometrics to fight against sophisticated payments fraud

By Tim Brown, Global Identity Officer at Prove Biometrics have become a part of consumers’ everyday lives. Long celebrated for…

 

Veriff enhances biometric security, Nametag and Tines partner amid rising ATOs

Account Takeover Fraud (ATO) has become an increasing concern, with fraudsters using techniques to target both individuals and businesses. According…

 

Maza streamlines KYC with Regula biometric and document verification

Regula has integrated its document and biometric verification system into Maza Financial, a fintech company based in the United States,…

 

Palm vein biometrics deployed for payments at Paris grocery store

A Carrefour Market in Paris is implementing palm vein biometrics for payment in partnership with Ingenico, just in time for…

 

New biometric integration for authID with financial compliance firm FinClusive

Biometric identity verification services from authID are being integrated into the suite of financial crimes compliance (FCC) and digital identity…

 

AI generated deepfake fraud drives public appetite for biometrics: FIDO Alliance

A truly honest accounting of life’s constants would add, to death and taxes, the ongoing scourge of fraud. Deepfakes created…

 

Fraud hammers online services, drives AI ambivalence

Fraud rates are spiking just like temperatures in many parts of the world. Global identity verification companies Sumsub, AuthenticID and…

 

Nigerian fintech launches biometrics platform for merchant payments

Nigerian digital payment services provider Accelerex has rolled out a system to facilitate merchant payments across the country using fingerprint…

 

Wise AI raises at least $10M to address KYC gap in Southeast Asia

Malaysia-based selfie biometrics and digital ID provider Wise AI has raised at least ten million dollars in a series A…

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events