Regula integrating biometric liveness detection, document validation with bank platform
A strategic partnership has been formed by Regula and Azentio Software to add the former’s document authentication and face biometric…
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.
New partnerships, projects drive digital and financial inclusion in developing nations
The push to reach millions of digitally and financially underserved people and communities in Africa and around the world remains…
New directions for fingerprint biometrics imaging and market
Fingerprint biometrics are central to several of the most-read news items of the week on Biometric Update, with developments in…
Rently to use SingPass for ID verification of renters and tenants
Rently, a Singaporean fintech and property rental app, officially announced its launch in the country. Rentlly recently integrated with Singapore’s…
Oliu and IDnow announce integrations with fintechs for ID verification
Oliu will be able to use financial data from Canadian fintech Flinks to verify identity on its platform, while IDnow…
Biometrics could be a fix for the growing headache of synthetic ID fraud
Biometrics and digital ID firms are responding to a significant uptick in synthetic identity fraud, which uses generative AI and…
Digital signatures, online notarization evolve around regulatory and legal shifts
Secure digital signing tools from Cryptomathic, Proof and Videosign are leveraging the spectrum of standards, changing legislation and verification methods…
Mitek-sponsored study shows biometrics’ customer satisfaction boost
A Mitek-sponsored IDC study on biometrics and customer satisfaction proposes that businesses across a range of sectors have improved their…
Digital identity fraud trades blows with regulation in an escalating AI war
The cycle of biometric and digital identity fraud protection rules might be summed up as follows: criminals use new technology…
User IDs and passport data leaks for 230K crypto users in Iran
A data leak from Iranian crypto exchange bit24.cash has exposed personal data from nearly 230,000 Iranian citizens, according to Cybernews….
Biometric Market Analysis and Buyer's Guides
- Understanding MOSIP
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection