Pakistan’s NFIS initiative leverages digital identity for financial inclusion
Significant headway has been made in making digital financial services available to Pakistanis, with 60 percent of adults now benefiting…
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.
Signicat support for mojeID enables businesses to accept Poland’s digital ID
Digital identity company Signicat will integrate Poland’s digital identification scheme mojeID into its portfolio. The Polish electronic identity scheme was…
Brazil prepares to implement new sports betting regulations
Brazil’s Ministry of Finance has published an ordinance on the implementation of new regulations for sports betting, bringing the country…
Brazil’s QI Tech claims selfie biometric unicorn status with fresh investment
Brazilian financial services infrastructure and selfie biometrics provider QI Tech claims it has reached unicorn status, following an extension to…
Criticisms as Uganda orders ID verification for digital financial transactions of $260 and above
A recent directive by the Bank of Uganda (BoU) for all digital financial transactions of one million Ugandan shilling ($260)…
Mastercard announces new AI suite with behavioral biometrics to fight fraud
Large financial institutions are coming to terms with the new world of tech-driven fraud and adopting digital identity tools as…
Digital signatures secured with ID verification gaining ground in regulated sectors
E-signatures are changing the way the regulated sectors protect the integrity of the signing process, according to a Thematic Intelligence…
The role of biometric mobile banking in improving financial inclusion in Pakistan
Pakistan has experienced an extraordinary shift in its digital payments landscape in recent years, with mobile banking being the major…
AI is a major threat and financial organizations are not doing enough to fight it
Behavioral biometrics firm Biocatch’s 2024 AI, Fraud, and Financial Crime Survey does not mince words in assessing how generative AI…
Socure unveils new global watchlist screening and monitoring tool
AI-based biometrics and identity verification firm Socure has launched a new automated global watchlist screening and monitoring tool to help…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection