Biometrics research notes: banking, systems, Asian retail and smart tickets
Biometrics systems will generate over $65B by 2024, according to new research, with growth in different areas for different regions….
banking
Iovation releases financial services fraud report and new payments industry group launched at Money20/20
Risky transactions on mobile devices have more than doubled since 2017, and half of fraud now comes through the mobile…
Pakistan financial inclusion program partners with top banks for biometric payments
Pakistan’s Benazir Income Support Programme (BISP) to reduce poverty has partnered with multinational bank Habib Bank Limited (HBL) and Bank…
Broad facial recognition adoption shows growing comfort in market
New companies, pilots, and services leveraging biometric facial recognition for a wide variety of use cases in the retail, healthcare,…
Update to fix in-display fingerprint biometrics vulnerability on Samsung Galaxy devices rolled out
Samsung has issued a software update to address critical security issues with the in-display biometric fingerprint recognition function of its…
Daon expands international footprint of biometric technology with new partnerships
African financial technology company Union Systems Limited (USL) will use IdentityX biometric technology from Daon to deliver cross-channel authentication and…
Canadians expect government, private sector to develop digital ID framework
Some 70 percent of Canadians would adopt digital identity and think the government should join forces with the private sector…
Facial recognition for banking eKYC expands across South-East Asia
Several companies in the Asia-Pacific region have made announcements about biometrics initiatives, offerings, and awards for technology supporting financial services,…
Behavioral biometrics – securing digital banking without compromising on user experience
This is a guest post by Sam Bakken, Senior Product Marketing Manager at OneSpan Digital banking has grown rapidly in…
Digitization, decentralization and regulation top this week’s biometrics and digital ID news
The most read stories this week on Biometric Update have a French theme, as a digital ID system using facial…
