Privacy assurance before biometrics capture: Worldcoin tries a new approach in Malaysia
Executives with Worldcoin and its parent organization recently met with Malaysian government officials, including Prime Minister Anwar Ibrahim, in an…
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.
KYB and LEI tools introduced by Trulioo, Fujitsu, GLEIF
Vancouver-based identity and business verification company Trulioo is marking the first anniversary of its Singapore office, as it looks to…
Proposed UK data protection law hit by criticism
The UK’s prospective data protection law is facing criticism from lawmakers and rights groups over plans to introduce bank account…
Apple to placate EU by opening developer access to NFC scanning, Face ID
Apple’s tap-and-go mobile payments system, ID scanning and biometric capabilities should be available to rivals soon, with a report from…
Biometric payment cards launching in Bangladesh, approved by Mastercard
Idex Biometrics is supplying fingerprint biometric technology for payment cards to Bangladesh-based Mutual Trust Bank, as the biometrics provider expands…
Trulioo partnership extension boosts Nium’s UK digital payment operations
Real-time digital payments firm Nium has struck a new deal with digital ID verification partner Trulioo to provide quick, secure…
UK’s £54M welfare fraud case illustrates need for biometric identity verification
A team of fraudsters has been convicted for what was described as “the largest case of benefit fraud in England…
Intellicheck, OneID tout banks’ unique position to cut fraud as digital ID enablers
Banks could play a significantly larger role in protecting consumers, businesses and payment systems from fraud, Intellicheck CEO Bryan Lewis…
Companies House takes new measures to fraud fight, but not biometric IDV
Companies House, the UK’s business registry, has begun rolling out new tools to fight fraud and help cleanse the register…
Shohei Ohtahi interpreter scandal just one pitch in global game of bank ID fraud
Many will see the story of baseball superstar Shohei Ohtani and the interpreter who embezzled millions from him to pay…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection