Latest Biometrics News: Finextra Research

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

Company update/payments

Infineon and Fingerprint Cards join forces to drive mass deployment of biometric cards

Biometric payment cards with an integrated fingerprint sensor make contactless payments more convenient, more secure and hygienic.

14 August 2020

News/security

FinGo adds test and trace capability to vein mapping payment app

Biometric vein mapping from FinGo is to be used by Manchester cocktail bar and restaurant The Alchemist to provide proof-of-age, payments and test and trace capabilities through a simple scan of the user’s finger.

03 August 2020

News/retail

DBS trials SingPass face verification for digital banking sign-ups

DBS is working with Singapore's government to pilot the use of the SingPass face verification technology to sign up customers to digital banking services.

30 July 2020

Company update/security

Futurex and NEC partner for ATM biometrics

Organizations and industries are quickly exploring and adopting contactless business, interactions, and payments — now a requirement during the COVID-19 pandemic. Futurex, a leader in hardened, enterprise-class data security solutions, today announced the integration of its hardware security modules (HSMs) and the cutting edge, AI-driven face recognition technology from NEC Asia Pacific (NEC APAC).

29 July 2020

Company update/retail

Tinkoff voice assistant Oleg gets new features

Oleg, the world's first voice assistant for financial and lifestyle services, has acquired a number of new skills that will facilitate Tinkoff customers’ payments and make sure they get their value for money.

21 July 2020

Company update/inclusion

Crown Agents Bank join forces with Paycode to better serve African unbanked

Crown Agents Bank Ltd has announced that it is collaborating with Paycode PTY Ltd of South Africa.

15 July 2020

Company update/identity

Jack Henry partners NuData on behavioural security

Jack Henry & Associates, Inc.® (NASDAQ:JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announced that it has partnered with NuData Security, a Mastercard company, to enhance the Banno Digital Platform™ with behavioral security.

30 June 2020