Biometrics and digital ID in Africa this week: Data protection trailblazers and new offerings
Biometrics news from Africa is already revealing a shift from reports of the COVID-19 virus leading to shutdowns of biometric…
banking
Four models for digitally onboarding bank customers with varying roles for biometrics
An analysis piece in the trade publication Regulation Asia looks at all of the so-called “know your customer” policies in…
Russian central bank’s digital head reports slow progress on national biometric system
Adoption of the unified biometric system instituted by the Central Bank of Russia (CBR) has been slow, surpassing 100,000 users…
Trustonic, OneSpan, Nivo, IDYou, Huawei implement biometrics to secure bank and mortgage apps
Korea’s KB Kookmin Bank now offers fingerprint or facial biometrics for a simpler authentication experience through a successful implementation of…
FATF encourages digital onboarding, UK regulator allows selfies as proof of ID to keep funds moving
The Financial Action Task Force (FATF) is encouraging government to work with financial institutions and other businesses to take advantage…
Fintech apps with fingerprint security options looks for U.S. foothold, offer to distribute stimulus funds
Fintechs supporting biometric security like Venmo and Cash App have had talks with the U.S. Treasury Department about using their…
Payment Systems Regulation and Innovation (A City & Financial Global Professional Webinar Series)
Payment Systems Regulation and Innovation (A City & Financial Global Professional Webinar Series) Online June 3 – 5, 2020 This…
Humbl and Digital India Payments partner to extend biometric financial services across country
U.S. fintech Humbl and Digital India Payments Limited (DIPL) have formed a strategic partnership to deliver mobile payments and financial…
Mobey Forum stands up expert working group to guide bank AI innovation with privacy protections
Digitally-focused banking and financial services industry group Mobey Forum has announced the formation of a new expert group which may…
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…
