Deloitte predicts losses of up to $40B from generative AI-powered fraud
When an employee on a video call at Arup’s Hong Kong offices transferred US$25 million to fraudsters at the request…
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.
Biometrics entering everyday activities via rising technologies
Biometrics underpin the new technologies that people will soon use on a daily basis for everything from payments to age…
Inverid and Cybernetica team up to secure digital ID, signatures with biometric MFA
A new partnership has been formed by Inverid and Cybernetica to combine the NFC ID document-scanning capabilities of the former…
Signicat lands deal with BMW
Automotive manufacturers used to sign contracts through car dealerships. These days, however, digital contract signing is taking the lead which…
Privado ID to tackle global demand for decentralized digital identity software on its own
Privado ID, previously known as Polygon ID, has officially separated from Polygon Labs to address the increasing global need for…
IDVerse biometric identity verification platform joins fintech marketplace
IDVerse has announced the integration of its biometric identity verification platform trained with generative AI with the Temenos Exchange, a…
Mastercard commits to passkeys for payment, full tokenization in EU by 2030
As the EU gallops into the digital wallet era, Mastercard is going full-token, as it announces a plan to achieve…
Coinbase announces smart wallets for easier transition to chain
Coinbase is riding the wallet wave, with the launch of its next generation of smart wallets. A blog post from…
Sumsub expands data sources to improve KYB
Sumsub has provided upgrades to its Business Verification platform aimed at tackling the common challenges that businesses encounter during the…
CFIT forms coalition to combat economic crime through enhanced verification methods
The Centre for Finance, Innovation, and Technology (CFIT) is forming a new coalition aimed at combating economic crime through enhanced…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection