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financial services

Biometric Update regularly releases news regarding the term "financial services." The following set of links is available to help you find biometrics news regarding "financial services" and other relevant terms. More topics may be perused by accessing our complete Biometrics Topics list.

 

GLEIF explores road to standard for blockchain-based digital identity

The Global Legal Entity Identifier Foundation (GLEIF) has produced a new blockchain identity report that looks at the future of…

 

Visa sees expanding role of digital ID and passkeys, launches Click to Pay in Hong Kong

Visa with ZA Bank is launching Click to Pay in Hong Kong, with eleven more markets to follow, as it…

 

BioCatch adds Argentine banks to trust network for real-time threat assessment and data exchange

BioCatch’s interbank intelligence network for real-time information sharing with the aim of enhancing fraud prevention in the financial sector has…

 

Vietnam urges corporate banking customers to complete biometric verification as deadline looms

Vietnam is making biometric verification integral to corporate banking. From July 1 corporate bank customers will only be allowed to…

 

Spike in first party fraud could presage raging storm of generative AI

The latest version of LexisNexis Risk Solutions’ annual Cybercrime Report shows what a release calls “a significant swing in the…

 

Biometric verification securing, slowing cash transfer program in Nigeria

The Nigerian government is handing out cash to 2.3 million households under a scheme that relies on biometric verification. It’s…

 

Biometrics integrations, identity intelligence improve financial services onboarding

Major integrations for Fourthline and BioCatch are expanding the reach of their biometric user onboarding and KYC technologies, as financial…

 

Au10tix adds continuous, real-time AML risk monitoring to API

Au10tix has launched a continuous, real-time risk monitoring capability as part of its anti-money laundering software. AML checks are traditionally…

 

5 key components of deepfake threat mitigation: Reality Defender

When deepfakes attack, who you gonna call? This is the fundamental question posed in a new blog from Reality Defender…

 

Banks struggle to fight fraud with AI, reusable ID could help

The vast majority of financial institutions – around 90 percent – are leaning on some form of AI to combat…

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