banking

 

Digital onboarding finally gets banks’ attention; money is being budgeted — survey

Imagine a business so central to people’s lives that they wait in line to walk in the door only to…

 

How biometrics will help banks maintain “business as usual” — even when it’s anything but

This is a guest post by Kim Martin, VP of Marketing at ID R&D. Few businesses will escape the effects…

 

Daon partners with Tonik to deliver mobile biometric authentication in the Philippines

Daon will provide mobile biometric onboarding and authentication solutions to Tonik Digital Bank in Southeast Asia through its IdentityX platform,…

 

HSBC UK’s voice biometrics system blocked 2x more fraud attempts in 2019

HSBC’s voice biometrics system VoiceID has successfully blocked fraud attempts in 2019 preventing nearly £400 million (roughly US$493 million) being…

 

RBC, Bluink introduce digital identity verification solutions in Canada

Digital ID is advancing in Canada, with a new bank account opening process backed by electronic ID documents, and eventually…

 

Bio-key tech used to enroll fingerprint biometrics of more than 9M customers of South African bank

South Africa’s Capitec Bank Holding Company has enrolled more than 9 million customers with its in-branch biometric client identification system…

 

TMB, KBank ready with facial recognition for e-KYC platforms

Digital banking platform Me by TMB and KBank in Thailand are each releasing new biometric services for opening savings accounts…

 

Task force encourages robust digital ID for remote banking as Aadhaar payment service promoted

The Financial Action Task Force (FATF) says in a new guidance paper that digital ID systems with appropriate risk mitigation…

 

Banks launch facial biometrics for retail payments in Nigeria and mobile services in South Africa

A pair of banks in Africa are launching authentication with facial biometrics for financial services, one for in-person transactions and…

 

Biometric facial verification to replace passwords and ID documents for online services in Singapore

Singapore’s planned national facial identification service will replace passwords and physical credentials with biometrics for a range of processes and…

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