Biometrics

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Mastercard: Biometric payments to take centre stage under PSD2

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Mastercard: Biometric payments to take centre stage under PSD2

Mastercard is forecasting a bright future for biometric technology, as new rules on strong customer authentication under PSD2 come into force across Europe.

EBA warns banks on being too passive or proactive on fintech

/Biometrics

EBA warns banks on being too passive or proactive on fintech

As they seek to steer a course through the new fintech environment, financial services firms must beware the risks to their business models of both being too passive and too gung-ho in their embrace of new technologies, says a European Banking Authority report.

BofA Merrill introduces biometric log-ins for corporate mobile users

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BofA Merrill introduces biometric log-ins for corporate mobile users

Bank of America Merrill Lynch has added fingerprint and facial recognition technology alongside an embedded token to enable quick access to payment approvals for corporate users of its CashPro mobile application.

/Biometrics

Veridium wins DFS grant to bring FS services to the unbanked

Veridium, a leader in strong authentication solutions using biometrics instead of passwords and tokens, today announced it has won a $150,000 grant from Digital Financial Services Lab (DFS), supported by the Bill and Melinda Gates Foundation, to bring universal and affordable financial services to emerging countries across the globe.

Czech bank introduces voice biometrics for call centre customer authentication

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Czech bank introduces voice biometrics for call centre customer authentication

The Czech Republic's largest bank, Česká spořitelna, has rolled out voice biometrics technology from Nuance Communications, enabling customers to identify themselves to call centre staff simply by speaking.

/Biometrics

Dah Sing Bank rolls out mobile biometric authentication system

Tradelink and Daon announced today the deployment of a fingerprint and facial authentication solution for Dah Sing Bank (DSB), a leading financial services group in Hong Kong and one of Tradelink’s repeat bank customers.

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Precise Biometrics collaborates with NXP on biometric smart cards

Precise Biometrics, a leader in fingerprint software and NXP Semiconductors collaborate to integrate Precise BioMatch Card in NXP’s contactless biometric smart cards.

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Fido Allaince to test authentication in 3D-Secure

EMVCo, the global technical body that manages the EMV Specifications, and the FIDO Alliance, an industry consortium developing open, interoperable authentication standards, have expanded their collaboration to include a work item to define in detail how EMV 3-D Secure (3DS) messages may be used to pass FIDO authenticator attestation data and signatures in a manner that is both scalable and interoperable across the EMV payments ecosystem.

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Finda Systems to test facial recognition tech under MAS PoC scheme

Finda System (Asia) Pte Ltd (Finda), a fintech company offering Know-Your-Customer (KYC) solutions to the banking sector, today announced receiving grant from Monetary Authority of Singapore (MAS) through the central bank’s FSTI (Financial Sector Technology and Innovation) Proof of Concept (POC) Scheme.

/Biometrics

India's MoneyOnMobile launches biometric ATM product

MoneyOnMobile, Inc. (OTCQB: MOMT), one of India's largest mobile phone-based payment networks, announced the launch of a new biometric-based ATM cash-out solution.

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Ant Financial provides tech for China Everbright Bank transformation programme

Ant Financial Services Group (“Ant Financial”) has signed a strategic cooperation agreement with China Everbright Bank Co., Ltd (“China Everbright Bank”) and Everbright Technology Co., Ltd. (“Everbright Technology”), a fintech subsidiary of China Everbright Group, to facilitate China Everbright Bank’s digital transformation.

FNB lets customers open accounts with selfies

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FNB lets customers open accounts with selfies

South Africa's FNB has revamped its mobile services, enabling consumers and businesses to open accounts within minutes by taking selfies.

/Biometrics

National Bank of Kuwait to introduce selfie pay and biometric cards from Mastercard

Answering the market’s growing demand for increased convenience and security associated with biometric technology, National Bank of Kuwait and Mastercard announced two pioneering biometric solutions designed to improve online and in-store shopping at a press conference held at NBK Head.

FNB rolls out biometric ATMs

/Biometrics

FNB rolls out biometric ATMs

FNB is to roll out 50 new banking kiosks that validate a customer's identity with the touch of a thumb at locations across South Africa.

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MatchMove unveils facial biometric verification for identity authentication

MatchMove, one of the world’s fastest growing and most disruptive fintech companies, today unveiled the latest feature in its proprietary Banking Wallet OSTM using facial biometric technology to instantly verify user identity. By seamlessly incorporating biometric verification,

Mastercard lets customers register biometric cards from home

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Mastercard lets customers register biometric cards from home

Mastercard is looking to boost the popularity of its biometric cards by letting users register their fingerprints from the comfort of their own homes.

/Biometrics

Currency Matters applies facial recognition to verify new customers

Currency Matters, the foreign currency exchange and payment service that enables businesses to trade cost effectively overseas has added biometric facial verification from Selified to quickly verify new customers worldwide.

/Biometrics

AimBrain adds audio and lipsynch tech to facial recognition module

AimBrain, the Biometric Identity as-a-Service platform, has today raised the bar in user authentication by introducing optional audio and lip synchronisation into its facial authentication module to create AimFace//LipSync.

Nets to test finger scanners at the point-of-sale

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Nets to test finger scanners at the point-of-sale

Nordic payments processor Nets has begun tests of finger-vein payments with students and visitors at the Copenhagen Business Scool.

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Arvato invests in biometric outfit SecuredTouch

Arvato Financial Solutions invests in Israeli behavioral biometrics pioneer SecuredTouch in a joint effort to ensure greater security and user experience for digital transactions

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