Selfie biometrics implemented for tax credits, loans, could protect an endangered species
Selfie biometrics are being used for identity verification by a wide range of applications, from online government services supported by…
financial services
Biometric Update regularly authors news regarding the term "financial services." The following set of links is available to assist you with finding biometrics news related to "financial services" and other relevant terms. More tags may be explored by reviewing our comprehensive Biometrics Topics list.
Russia offers carrots to consolidate biometrics systems under government control
Always a means and an end for Russia’s government, centralization is increasing when it comes to biometric data and systems…
FDIC launches digital identity-proofing initiative, LexisNexis reports even higher fraud costs
The U.S. Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) have jointly announced a new initiative…
Selfie biometrics launched for DeFi by Idemia and Haventec, open banking by HooYu
A decentralized blockchain ecosystem for decentralized finance, secured with facial authentication for biometric identity verification, is being launched by Australian…
Ondato enhances capabilities for greater KYC, AML compliance
Businesses using Ondato’s KYC compliance management solution will now find it easier to avoid falling into the trap of KYC…
FaceTec 3D biometrics, liveness power onboarding, digital wallet for UAE bank
FaceTec’s biometric 3D face authentication and liveness detection technology has been successfully rolled out by Gulf Data International (gDI) for…
Quebec considers including financial documents in digital ID wallet
Canadian province Quebec is considering the possibility of including documents issued by private companies, such as proof of insurance, in…
Spanish bank signs up for FacePhi selfie biometrics to simplify loan access
FacePhi has provided its ID document and selfie biometric checks for onboarding to numerous Spanish customers, and for financial services companies…
Aware acquires Fortress Identity for cloud biometrics and financial services tools
Aware is adding technical capabilities around biometric onboarding, know your customer (KYC) checks and authentication, and expanding its presence in the…
Could biometrics bridge the financial exclusion gap?
Exploring the scale of financial exclusion and the intrinsic issue of digital identities, Simon Binns, Chief Operating Officer at FinGo,…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection