TISA launches marketplace to deliver digital ID choice to UK consumers
The Investing and Saving Alliance (TISA) has unveiled its new initiative designed to reshape the landscape of digital identification in…
financial services
Biometric Update regularly authors news regarding the term "financial services." The following list of links is available to help you find biometrics news regarding "financial services" and other relevant terms. Additional tags may be explored by reviewing our comprehensive Biometrics Topics list.
Mobile ID combats fraud, gives holder control of personal data: USPF report
The U.S. Payments Forum (USPF) has published a new white paper entitled “The Role of Mobile IDs in Payments.” Authored…
iProov targets growing face biometrics in the Philippines
iProov is investing in the Philippines as one of its next big target markets, according to BusinessWorld. “The British ambassador…
Digital ID, account security boosts to support financial health in APAC
Hong Kong and Australia have made efforts to introduce digital identity – the former by supporting the iAM Smart app…
Singapore AML law responds to high concern over bank fraud, biometrics theft
Consumers are feeling increasing anxiety about the effectiveness of banks’ fraud-protection measures, a recent study by Jumio highlights. This is…
Australia makes headway in digital ID interoperability
Australia is making progress in bringing together the country’s digital identity schemes and making them interoperable, including the federal myGov…
Philippines mulls mandatory national ID for govt aid
Beneficiaries of government subsidies in the Philippines may need to show their national ID before having access to such benefits…
Don’t take national ID cards as collateral for loans, Uganda govt warns again
Uganda’s Minister of Information, Communications Technology and National Guidance, Chris Baryomunsi, has warned that the practice of money lenders asking…
Digital identity to boost security and efficiency in finance across the globe
In an era where digital transformation is reshaping industries, digital identity is emerging as a cornerstone for the financial sector,…
Fake ID and ATO fraud rising say US firms
Real estate transactions involve significant amounts of money. It’s not surprising that 1 percent of transactions handled by title companies—third…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection