Retail biometrics roll outs expand to bodegas and enrollment app
Retail biometrics are growing rapidly, but stakeholder consultation, testing, and policy development must be prioritized to guard against the technology’s…
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.
AI fraud may be too much for some financial companies, warns Treasury Dept
The risks of generative artificial intelligence are looming over the financial services industry. As access to more advanced AI tools…
Idemia Secure Transactions works with Qualcomm for offline CBDC payments
Idemia Secure Transactions (IST), the secure payments division of Idemia, announced it is working with Qualcomm to offer users offline payments on…
Jumio named in BIPA lawsuit over crypto ID verification
Biometric identity verification provider Jumio is in legal hot water again for alleged violations of Illinois’ BIPA. This time, plaintiff…
Biometric payments for public transportation expand in China, Russia
Biometrics are increasingly facilitating different processes in the public transportation sector, with new developments emerging from two countries – China…
Vietnam’s biometric authentication for financial transactions reach 600K a day
Vietnam’s government-owned biometric authentication platform VNPT now processes an average of 600,000 KYC check requests per day, with busiest days…
World Bank evaluates Pakistan’s digital income support program
In Pakistan’s continuous battle against socio-economic problems, the Benazir Income Support Programme (BISP) has become a key instrument committed to…
PNG, Australian and Kazakhstan banks make biometrics moves
Papua New Guinea’s digital identification system Digizen will provide a biometrics-based know your customer (KYC) tool for Women’s Micro Bank…
Australia amending Digital ID Bill to ensure Senate passage
Australia’s Digital ID Bill is being amended to bring private sector identity service providers into the system within two years,…
AI for secure digital identity revolutionizing banking in Pakistan
Artificial Intelligence (AI), is revolutionizing the banking sector and presents unprecedented options for proficiency and innovation. The adoption of AI…
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection