Latest Biometrics News: Finextra Research

Tackling fraud: Learn how to build smarter defences at NextGen Nordics

As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.

11 April 2025

Company update/inclusion

Next Biometrics receives order for Nigerian financial inclusion project

NEXT Biometrics, the world leader in advanced high-security fingerprint sensor technology, has received the first major purchase order for its FAP 20 sensor in Nigeria.

03 April 2025

Company update/identity

Trustly introduces biometric log-ins

Trustly, the global leader in Pay by Bank solutions, is launching Trustly ID in Europe—a groundbreaking biometric solution designed to deliver unparalleled speed, security, and seamless customer experience.

26 March 2025

Company update/payments

Belvo launches biometric Pix payments in Brazil

Belvo, the leading Open Finance infrastructure provider in Latin America, officially announces the launch of Biometric Pix this Friday, the 28th. This innovative solution is set to transform the instant payments experience in Brazil, offering enhanced security, speed, and convenience for both users and businesses.

28 February 2025

Company update/payments

Kona I granted Mastercard Letter of Approval for Idex Pay biometric cards

Global smart card and technology platform company KONA I, has obtained the Letter of Approval from Mastercard for biometric plastic (PVC) payment cards built on the IDEX Pay platform, allowing the issuance and deployment of biometric cards globally.

20 February 2025

News/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.

11 February 2025

Company update/security

Japan's Life Card to roll out biometric payment cards

IDEX Biometrics enters a new market, together with LIFE CARD, Japan’s most innovative credit card issuer.

28 January 2025

Company update/security

Idemia launches new smartphone enrollment for biometric payment cards

As card issuers strive to provide their customers with more convenient, high-security payment options, biometric payment card technology continues to advance.

22 January 2025

Company update/security

Entrust introduces AI-driven biometrics

Entrust, a global leader in trusted payments, identities, and data security, today introduced AI-powered identity authentication as a new capability for its Identity-as-a-Service (IDaaS) platform.

21 January 2025

News/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.

14 January 2025

News/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.

17 December 2024

News/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%.

13 December 2024

News/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.

04 December 2024

Company update/payments

Biosmart granted Mastercard Letter of Approval for IDEX Pay biometric cards

Global smart card technology company Biosmart has obtained the Letter of Approval (LoA) from Mastercard for its biometric payment card built on the IDEX Pay platform.

26 November 2024

News/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.

25 November 2024

Company update/ai

Interface.ai unveils device biometric authentication and GenAI bot training products

interface.ai, the leading provider of agentic AI solutions for community banks and credit unions, has unveiled its latest industry-leading innovations as part of its Fall 2024 product release.

21 November 2024

Finextra TV/predictions

The Future of Payment Authentication

In this PREDICT 2025 USA interview, Andrew Shikiar, Executive Director and CEO, FIDO Alliance, discusses how the industry has been exploring the death of the password for decades, how this conversation has evolved and where we are with passkeys today – pinpointing why making progress with eliminating dependence on passwords is of paramount importance.

21 November 2024

Company update/payments

Idex Biometrics signs deal with South Korean smart card manufacturer Cellfie Global

IDEX Biometrics has entered into a commercial development agreement with South Korean smart card manufacturer Cellfie Global (formerly ICK) to design, manufacture and market biometric metal and PVC cards for bank and fintech launches in USA, Europe and Asia.

19 November 2024

News/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.

14 November 2024

Company update/identity

LSEG selects IDVerse identity infrastructure to complement IDV stack and fight digital deepfakes

LSEG (London Stock Exchange Group) and IDVerse today announce a new identity infrastructure partnership to scale global coverage and fight digital deception in customer onboarding.

12 November 2024