Biometrics

432 articles tagged with this keyword

/ai

Sardine raises $70m for AI fraud platform

Sardine, an AI risk platform for fraud, compliance, and credit underwriting, has raised $70 million in a Series C funding round led by Activant Capital.

/payments

JP Morgan unveils biometric payment terminals

JP Morgan has unveiled two proprietary biometric-enabled in-store payment terminals that will be offered to retailers later this year.

/security

NAB sets five-year goal to phase out passwords

National Australia Bank says it expects to phase out passwords for internet banking within the next five years, replacing the security measure with passkeys and biometric recognition technology.

/payments

10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

/identity

AI power centres are fresh targets for hackers - Experian

Experian’s 12th annual Data Breach Industry Forecast includes five 2025 predictions for 2025 that show that global data breaches show no signs of slowing down.

/ai

Revolut preps AI assistant, ATMs and mortgages for 2025

Revolut has laid out its plans for 2025, including the introduction of an AI assistant, mortgages, ATMs, and a business credit product.

/security

Mastercard aims to kill passwords and manual card entry by 2030

Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030.

/security

Visa and Tencent bring palm payments to Singapore

Chinese tech conglomerate Tencent has teamed up with Visa to take its palm recognition technology for digital payments international, beginning with Singapore.

/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

/security

Banks in Singapore add facial verification to security toolkit

Banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to strengthen the digital token (DT) setup process for retail banking customers.

/security

Mastercard debuts Payment Passkeys in India

Mastercard is to debut its Payment Passkey service in India, bringing biometric authentication to online shopping.

/payments

JP Morgan preps more biometric payment pilots

JP Morgan is teaming up with vendor PopID to trial pay-by-face biometric payments with merchants across the US.

/ai

Finextra launches NextGen:AI, a new event defining AI's future in financial services

Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.

/payments

Mastercard brings biometric checkout programme to Europe

Poland is to become the European testing ground for a new biometric checkout programme from Mastercard, using a fusion of facial and iris recognition.

/payments

Google Pay lets customers ditch CVVs for biometrics

Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout.

/regulation

Australia passes Digital ID Bill

The Australian Government has passed the Digital ID Bill 2024 and Digital ID (Transitional and Consequential Provisions) Bill 2024.

/identity

Permira to take majority stake in BioCatch

PE firm Permira is buying a majority position in BioCatch in a deal that values the Israeli behavioural biometrics company at $1.3 billion.

/retail

Bank of Ireland to equip call centres with single customer view and voice biometrics

Bank of Ireland is spending €34 million to overhaul its call centre operations, providing operators with a single customer view and introducing voice biometrics for added security.

/identity

NextGen Nordics 2024: Can behavioural biometrics fix fraud?

Moderating her second panel of the day - Fraud prevention and AML: the need for behavioural biometrics in this instant age - Finextra’s senior reporter Niamh Curran spoke to Megan Heald, senior project manager at NICE Actimize, John Sam-Kubam, senior vice president at Crown Agents Bank, Beju Shah, head of Nordic centre at the Bank of International Settlements, and Robert Woods, director international market planning and financial services SME at LexisNexis® Risk Solutions.

/security

Mastercard harnesses AI to take on scammers

Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.