Banks, fintechs across Europe, UK, UAE and Singapore ramp up biometric onboarding
Financial institutions across the world are introducing selfie biometrics for onboarding customers remotely, including with a new contract for Sumsub…
banking
Biometric Update regularly writes posts regarding the term "banking." The following set of links is available to help you find biometrics news regarding "banking" and other relevant terms. Additional topics may be perused by reviewing our comprehensive Biometrics Topics list.
Banking on biometrics: The future of customer authentication
The financial industry flourishes on security and safety. Yet that is precisely what passwords, PINs, and other knowledge-based authentication does…
South Korean bank rolls out ATM withdrawals with Alchera facial recognition
South Korean startup Alchera will help the country’s longest-operating bank introduce access to banking services through facial recognition at a…
IrisGuard biometrics to support Ethiopia’s G2C payments, financial inclusion
IrisGuard is extending its EyePay Network platform to Ethiopia to enable millions of people easily access government-to-citizen (G2C) payments in…
Bank biometrics market $18B by ’32; new deals for Illuma, Journey, BioCatch
Financial services customers are warming to biometric authentication and that is pushing growth for vendors. According to new research by…
Governments embrace digital identity register, foreigner ID cards and bank partnerships
From Luxemburg and Estonia to South Africa and Vietnam, governments across the world are rolling out digital IDs, sometimes but…
BioCatch identifies difficulties adapting to emerging financial threats
New research from behavioral biometrics firm BioCatch has identified concerns from financial institutions about dealing with emerging financial threats, finding…
Gen Z thinks banks are sus, but biometrics could help, says a new report
Young people want their banks to be more secure, and many do not trust their financial institutions to provide the…
Nigeria to combine bank cards with national ID
Banking and identity are converging in Nigeria, where the government has told commercial banks to start issuing debit cards that…
Nigerian banks given deadline to close accounts not linked to ID
Banks in Nigeria have been given 30 days to close accounts that have not been linked to a biometric Bank…
Biometric Market Analysis and Buyer's Guides
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