DARPA considering program to ‘revolutionize’ AML
The U.S. Department of Defense is considering launching a program to “revolutionize the practice of anti-money laundering” and cut the…
banking
Biometric Update regularly authors articles about the topic "banking." The following list of links is available to help you find biometrics news regarding "banking" and other relevant terms. More tags may be perused by reviewing our complete Biometrics Topics list.
Mandatory digital ID for banking policy goes into effect in Ethiopia
An Ethiopian government policy requiring the mandatory use of the national digital ID otherwise known as Fayda for banking transactions…
Sberbank aims to lead Russia’s biometrics sector in years to come
State-owned Sberbank, Russia’s largest bank, is launching a range of new biometrics-based financial services in an effort to become one…
Raonsecure $2.5M biometrics deal continues expansion in Japan
South Korea’s Raonsecure has secured a large contract to supply its biometric authentication solution TouchEn OnePass to a major Japanese…
Vietnam integrating digital ID with more public services to make super app
The Vietnamese government is in the processing of expanding its digital government ecosystem by adding more services to its national…
Dock introduces credentials recovery, lands new deal with Hong Kong financial sector
Reusable digital identity platform Dock has added a new feature that will allow users to recover their credentials quickly with…
Passkey adoption by Australian govt, banks drives wider passwordless authentication
It’s high noon for passwords. Across the Authentication Corral, an inscrutable stranger saunters up and puts their hand on the…
Dermalog biometric system ensures bank ID verification for over 64M Nigerians
German identification systems firm Dermalog says a biometric platform it established for Nigeria nine years ago, in partnership with the…
iProov, iiDENTIFii help Standard Bank create network of trust
It’s one thing to know your customer, and another thing to know your customer is real. As GenAI becomes a…
ATO prevention remains top focus for key biometrics firms
Account takeover (ATO) fraud continues to be a concern, and as a result, digital identity industry leaders are introducing new…
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