Australian-American biometric IDV startup Data Zoo raises over $22M to fuel expansion
Data Zoo, a biometric identity verification provider based in Sydney, Australia and Jersey City, New Jersey, has raised $22.7 million…
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.
RecFaces explores how facial recognition can enhance the banking experience
Facial recognition technology has become prevalent in various industries because it enhances security measures and improves customer experiences. Banking operations…
Prime Minister says Vietnam’s banking sector is ready for digital transformation
In an event hosted by the State Bank of Vietnam (SBV) in Hà Nội, Prime Minister Phạm Minh Chính outlines…
Idex’ focus on Asian biometric smart card market nets another partner
Idex Biometrics has been moving aggressively into the Asian market for biometrics payment and smart cards, announcing a new manufacturing…
Tidal wave of financial fraud gaining momentum from AI, deepfakes
Mitek Systems Inc. has released the results of its Identity Intelligence Index 2024, shaking loose many of the familiar specters…
Retail businesses racing toward biometric payments to increase speed and security
New deployments, technologies and markets are driving the implementation of biometric payments systems for in-store and online purchases. Formula 1…
New player, new blockchain for decentralized digital ID management market
The blockchain-based digital identity market is becoming more crowded, with a new entrant in MicroStrategy and the gradual expansion of…
New IDV deals for Veratad, VeriFast, iDenfy, OneID
From digital KYC to real estate and from cryptocurrencies to DBS checks, identity verification companies are busy signing new deals….
Bank of Ireland to introduce voice biometrics to authentication for phone interactions
Bank of Ireland announced it will invest more than €34 million (roughly US$36 million) to upgrade its phone and CRM…
India introducing more stringent KYC rules for financial industry
India’s financial sector is beefing up its Know Your Customer (KYC) protocols under pressure from regulators. Financial institutions aim 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