Focus on bank’s role in digital wallets gets sharper
It is the second month of 2023, and seemingly everyone wants in on what could be the awakening of banks…
financial services
Biometric Update regularly releases news related to 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 topics may be explored by reviewing our complete Biometrics Topics list.
Intellicheck expands multimillion-dollar digital ID contract with financial customer
New York-based identity provider Intellicheck has announced the expansion of a multimillion-dollar contract with an unnamed financial customer. Details about…
Nivo secure, biometric customer messaging solution gets £1M funding from Maven to go global
The UK’s Nivo Solutions, provider of biometrically verified messaging services to financial firms for customer service, has received £1 million…
Tamil Nadu state goes all out with Aadhaar requirement for government welfare
The Indian state of Tamil Nadu will now require an Aadhaar number to supply any government benefits services according to…
Mastercard Africa digital ID scheme to benefit from $50M of DFC funding to its partners
Mastercard’s Community Pass is set for a boost as the U.S. International Development Finance Corporation (DFC) seeks to support investments…
Face biometrics from Veridas, CyberLink applied to events, banking
From hospitals to cosmetics counters, facial biometrics technology continues to be adopted for novel uses across industries — and at…
ID fraud rises worldwide but biometrics helps KYC
Several companies in the know-your-customer (KYC) and anti-money laundering (AML) spaces have recently shared new insights into the industry. The…
Authorized fraud, myth or reality?
By Namrata Jolly, General Manager for Asia Pacific, Callsign Around the globe, we are seeing the rise of a new…
Moscow court rules in favor of Smart Engines in Citibank ID scanning software row
The Arbitrazh Court of Moscow ruled in favor of Smart Engines in a lawsuit that saw the local Citibank subsidiary…
Regula providing ID document verification for biometric onboarding by UBS
The document verification capability used by Switzerland-based UBS for customer onboarding is provided by Regula, the company revealed, among details…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection