Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

NNTC and Smart Engines implement digital onboarding at Oman Arab Bank

NNTC, a UAE-based software developer and solutions provider, today announced the successful implementation of its biometric user onboarding module with Smart Engines's identity documents recognition technology at Oman Arab Bank (OAB), a pioneer in the local banking sector.

10 February 2021

News/payments

Nordic change is in the air for 2021

As part of Finextra’s Predictions Series for 2021, Hannah Wallace spoke to Erik Zingmark, Nordea’s head of transaction banking to unpack some of the leading trends he expects to see throughout 2021.

05 February 2021

News/security

BNP Paribas to charge €24 a year for biometric card

French bank BNP Paribas is offering its Visa Premier cardholders the chance to upgrade to a contactless fingerprint option - for a €24 annual fee.

27 January 2021

Company update/crime

Facial recognition vendor Facepoint joins Nice Actimize X-Sight marketplace

NICE Actimize, a NICE business (Nasdaq: NICE) today announced that FACEPOINT, which launched an industry-leading biometric risk screening engine, has joined the X-Sight Marketplace, bringing its cutting-edge facial recognition technology for advanced KYC and watch list risk screening to the ecosystem.

15 December 2020

Company update/regulation

Nice Actimize taps facial recognition or AML/KYC risk screening

Nice Actimize, a Nice business (Nasdaq: NICE) today announced that FACEPOINT, which launched an industry-leading biometric risk screening engine, has joined the X-Sight Marketplace, bringing its cutting-edge facial recognition technology for advanced KYC and watch list risk screening to the ecosystem.

14 December 2020

Company update/people

Exizent names ex-Deutsche Bank CIO as chairman

Exizent, the Glasgow-based technology firm whose innovative platform is transforming bereavement by connecting legal services firms with banks and the wider financial services community, has announced the appointment of Mitchel Lenson as Non-Executive Chairman.

10 December 2020

News/security

Swedish challenger Rocker pilots biometric card

Swedish digital banking challenger Rocker is set to pilot the country's first contactless fingerprint biometric debit card.

09 December 2020

News/inclusion

Kenya central bank governor: ‘Regulators should be the most innovative people of all’

In a virtual fireside discussion during Singapore Fintech Festival 2020, Patrick Njoroge, Governor of the Central Bank of Kenya argued that regulators must use their convening power to bring people and innovators together, this would change the dynamic between innovators and the regulators themselves to improve the journey toward digital transformation.

09 December 2020

Company update/security

Fingerprints' sensor passes muster in China

Fingerprint Cards AB’s (Fingerprints) recently announced second-generation T-Shape sensor module and software platform for payments, FPC-BEP, have passed the accuracy and security test performed by Bank Card Test Center (BCTC).

26 November 2020

News/security

BBVA puts more money into biometrics JV Veridas

BBVA and technology firm das-Nano are pumping EUR4 million into Veridas, the digital identity verification startup they created in 2017.

12 November 2020

Company update/Biometrics

Line app on iPad introduces biometric authentication

LINE Corporation (“LINE”) announced today the introduction of passwordless authentication for the LINE app on iPad, allowing users to log in using the biometric information stored on their smartphones.

12 November 2020

News/security

Mastercard to trial biometric card payments in Asia

Mastercard is to conduct the first pilot in Asia of a biometric card that uses a fingerprint to authorise transactions at in-store payment terminals.

21 October 2020

Company update/identity

Alfa-Bank deploys Nice tech for customer verification

NICE today announced that Alfa-Bank Russia has deployed its Real-Time Authentication (RTA) solution, enabling seamless, instantaneous verification for its customers.

20 October 2020

News/identity

Big banks invest in BioCatch

Barclays, Citi, HSBC and National Australia Bank have invested $20 million in Israeli behavioral biometrics company BioCatch, topping up a Series C funding round.

01 October 2020

Company update/security

Mitsubishi Corp. commences feasibility study on biometric authentication platform in Turkey

Mitsubishi Corporation (MC) has agreed to perform a feasibility study to assess the effectiveness and potential applications of a biometric authentication platform in Turkey.

01 October 2020

News/payments

Amazon rolls out palm payment technology

Amazon has unveiled technology that lets shoppers at physical stores pay for their purchases by scanning the palm of their hands.

30 September 2020

News/payments

Hungarian biometrics payment outfit looks to conquer Europe

Hungarian startup PeasyPay is preparing to expand its biometrics-based point-of-sale payments technology to Spain and the UK.

11 September 2020

Company update/security

Fingerprints rolls out next generation sensor and software platform

World-leading biometrics company Fingerprint Cards AB (Fingerprints) has launched the second generation of its T-Shape sensor and software platform for contactless biometric payment cards.

04 September 2020

News/payments

Pasadena retailers deploy pay-by-face tech

With California imposing strict restrictions to stem the spread of Covid-19, a group of restaurants and retailers in the city of Pasadena have rolled out pay-by-face technology.

20 August 2020

Company update/identity

Evernym and iProov team on digital identity

iProov, the leading provider of biometric authentication technology for Genuine Presence Assurance, today announced its partnership with self-sovereign identity (SSI) specialists, Evernym.

14 August 2020