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financial services

Biometric Update regularly authors news related to the term "financial services." The following list of links is available to assist you with finding biometrics news related to "financial services" and other relevant terms. More topics may be explored by reviewing our entire Biometrics Topics list.

 

Trulioo, TransUnion add credit risk intelligence to fortify onboarding and fraud defenses

As financial institutions face mounting pressure to balance rapid onboarding with rigorous risk controls, Trulioo and TransUnion are rolling out…

 

Mastercard plots post-cards payments plan for Asia as biometrics grow in popularity

A Mastercard executive believes physical payment cards are heading the way of the dodo. Developments in biometrics and digital identity…

 

Fime shares insights for financial institutions struggling with KYC provider decision

Financial institutions selecting a KYC provider for online transactions must navigate a series of challenges, even as the emergence of…

 

Ethiopia banks receive biometric kits to expand digital ID enrollment

Some commercial banks in Ethiopia have been handed biometric enrollment kits to support the National ID Program (NIDP) in the…

 

Canada’s digital trust moment: Understanding the new frontier of identity verification

By Andrew Johnston, Business Development Executive for Giesecke+Devrient Canada’s financial services landscape is under growing pressure to change how it…

 

Humanity Protocol’s reusable biometric ID adds Mastercard open finance capability

Humanity Protocol, the proof-of-personhood (PoP) framework based on palm biometrics, is teaming up with Mastercard to allow users to quickly…

 

Next Biometrics supplies Basalt FAP 20 sensors for Nigeria, Sri Lanka partners

Next Biometrics has announced new orders of its flagship fingerprint sensor for two new customers enabling financial inclusion in Nigeria…

 

Experian acquires KYC360 as firms seek streamlined financial compliance

Compliance and identity verification providers are stepping up with new solutions to meet mounting regulatory pressures and evolving fraud risks….

 

New Android trojan tries to act human to steal your money

A newly discovered Android trojan named Herodotus is using human-like behavior to trick banks’ security systems and drain user accounts….

 

Scams overtake $1 trillion as AI supercharges global fraud networks: BioCatch

Scams have overtaken all other forms of fraud to become the most financially devastating threat to consumers and financial institutions…

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