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Fintechs race to adopt biometrics for remote KYC

More than three out of four millennials are “very satisfied” with using mobile device-based face biometrics for authentication, according to…

 

Face biometrics draws millions in investment, plus consideration, explanation and criticism

Facial recognition is the common theme of the most widely-read stories on Biometric Update this week, as the technology is…

 

Acuant wins crypto selfie biometrics customer as financial service providers address market gaps

Acuant headlines a group of selfie biometrics and regulatory compliance providers announcing customer wins, which also includes Visa, Basis ID,…

 

Face biometrics providers sign up new financial services onboarding customers and partners

FacePhi has announced it will provide its face biometrics to a global banking software integrator, while Onfido, iDenfy and Accura…

 

Biometric payment card first highlights fast start to year of mass adoption

Biometric payment cards start 2021 with a bang after their progress was closely followed in the industry for all of…

 

Biometrics-backed digital ID in the spotlight as new laws and systems weighed around the world

The top news stories of the week on Biometric Update focus primarily on digital ID. Those stories cover government programs…

 

Digital ID boosted by global organizations and biometrics providers, proposed legislation

Biometrics in support of digital ID, and the growing momentum towards digital credentials in general made up the main theme…

 

Biometrics could help gaming industry with cybercrime, age verification as market evolves

Implementing selfie biometrics could help gaming platforms protect advertising revenues while shielding their customers against credential theft, according to the…

 

Device-based biometrics for immunity passports in the dock, while payment card market revs

Immunity passports are a hot topic in the global identity industry this week, and fingerprints, both in terms of payment…

 

Banks after PSD2: achieving a 50 percent increase in conversion of clients can be a reality for every bank

This is a guest post by Aleksander Kijek, Chief product Officer at Nethone. There are many reasons and benefits for…

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