TISA launches marketplace to deliver digital ID choice to UK consumers
The Investing and Saving Alliance (TISA) has unveiled its new initiative designed to reshape the landscape of digital identification in…
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.
Asian banks deploy biometrics and digital ID for security, additional services
As digital identity gains prominence in a financial industry beset by fraud, nations in Asia are enabling banks to lead…
Mobile ID combats fraud, gives holder control of personal data: USPF report
The U.S. Payments Forum (USPF) has published a new white paper entitled “The Role of Mobile IDs in Payments.” Authored…
Payface lands new retail biometric payments deal in Brazil
Brazilian face biometrics payments startup Payface has clinched a deal with supermarket chain Ítalo. Ítalo Supermercados, based in the southern…
EU electronic signature rules make some Lithuanian ID cards obsolete
Electronic signatures have become a widely accepted business tool, with as many as 88 percent of the top 100 firms…
Thailand prepares for digital wallet benefit scheme amid growing criticism
The Thai government is putting the finishing touches on its digital wallet cash handout scheme, which aims to distribute 10,000…
Digital ID, account security boosts to support financial health in APAC
Hong Kong and Australia have made efforts to introduce digital identity – the former by supporting the iAM Smart app…
OneID digital identity verification extended across the Nordics by NatWest
NatWest has adopted identity verification from DIATF-recertified OneID for its Structured Finance business in Sweden, Finland, and Norway. This new…
GBG, Detected partner on automated biometric KYB checks
In response to the challenges posed by time-consuming and manual intervention in traditional know your business (KYB) processes, GBG has…
Singapore AML law responds to high concern over bank fraud, biometrics theft
Consumers are feeling increasing anxiety about the effectiveness of banks’ fraud-protection measures, a recent study by Jumio highlights. This is…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection