Scale of AI fraud makes legacy identity verification inadequate
Sometimes, you just have to tell yourself, “I’m good enough.” Then again, if you’re a digital identity security system, you’d…
financial services
Biometric Update regularly authors posts related to the term "financial services." The following set of links is available to help you find biometrics news about "financial services" and other relevant terms. More tags may be perused by reviewing our comprehensive Biometrics Topics list.
Bahrain financial services deploy biometric KYC and IDV with new eKey for business
Bahraini financial service companies are integrating Bahrain’s national biometric digital identity and Know Your Customer (KYC) service for businesses, EKEY-B,…
India mandates biometric selfie and geo-tracking in crypto KYC overhaul
India is host to a number of developments, as it updates regulations on crypto exchanges. Meanwhile, AI-powered fraud detection in…
SİMA İmza digital signature accelerates Azerbaijan’s digital transformation
Azerbaijan is in the midst of a major digital transformation. The government is digitalizing processes and issuing the tools for…
Hopae continues European expansion with Datai KYC modernization deal
Digital identity infrastructure company Hopae has landed a new deal as part of its strategic expansion to Europe. The South…
Vietnam’s digital economy grows, national GDP may overtake Thailand’s
Vietnam’s digital economy reached $39 billion in gross merchandise value in 2025, growing 17 percent, the second‑highest rate in Southeast…
Biometrics replacing SMS OTPs for UAE online transactions
Major banks in the UAE have begun informing customers that one‑time passwords (OTPs) via SMS for online card purchases are…
Vietnam has big digitalization and biometrics ambitions for 2026
Vietnam’s government is pushing hard for digital transformation, seeing digital identity and governance as central to its plans and has…
US Senators move to ban AI-driven impersonation scams as fraud losses surge
United States Senators Shelley Moore Capito and Amy Klobuchar have moved to confront one of the fastest growing consumer threats…
Maldives to launch smart ID in 2026
The Maldives are preparing to launch smart ID cards with an integrated digital identity next year, allowing citizens to identify…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection