Rising fraud prompts new partnerships for Alloy, Mastercard, Sumsub
There is good news and bad news on the fraud front. The good news is that Jimmy next door is…
financial services
Biometric Update regularly authors posts related to the term "financial services." The following set of links is available to assist you with finding biometrics news about "financial services" and other relevant terms. More topics may be perused by accessing our comprehensive Biometrics Topics list.
Scotland launches center for digital trust and distributed ledger tech
Scotland is launching a new institution focused on bringing innovation into payments and other industries. Over the next two years,…
BioCatch puts spotlight on money mule problem, biometric solution
Money mules move money, knowingly or not, for criminal enterprise. They can be students, or people in financial straits; they…
ConnectID, Visa, ID.me illustrate central place digital ID plays in digital economy
Convenience is king, even in identity verification. Customers want to be able to prove their identity without constantly submitting the…
Socure: 40M Americans committed first-party fraud over the holiday season
A digital identity verification company claims one in eight Americans committed first-party fraud over the 2024 holiday shopping season. This…
India registers over 1B Aadhaar face authentications as adoption grows
The rate of face authentication using the Aadhaar digital ID system in India is on a steady growth trajectory with…
Reusable ID for AML acquired by global fintech as compliance costs rise
Global fintech platform iCapital has entered a definitive agreement to acquire U.S.-based Parallel Markets, which provides reusable identity tools for…
Plaid positioned for more IDV transactions as eBay acquires car sales platform
eBay is expanding its car sales division with the acquisition of an automotive transaction platform, in a move that cements…
How a global bank mitigates contact center deepfake threats
Discover how one of the world’s largest financial institutions protects its high-net-worth clients from AI-driven impersonation attempts with Reality Defender….
Entrust updates card issuance software, lands ecommerce onboarding deal
Entrust has released two new products, including one in partnership with European payment platform Lemonway, which offers payment processing for…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection