Latest Biometrics News: Finextra Research

Polish lending startup FinAi raises EUR1.1m

Poland based fintech FinAi which is currently developing a lending platform has raised €1,1M in the seed round. Backing comes from a newly started Polish VC – FIDIASZ, belonging to Krzysztof Domarecki - founder of Selena Group. The investment is probably the largest at this stage on the Polish market.

01 June 2017

Company update/Biometrics

Bahrain's Eazy to develop biometric payment network with NCR

Eazy Financial Services B.S.C., a Bahraini financial technology company focusing on providing innovative technology solutions to financial institutions, will introduce the region’s first Biometric Payment Network powered by NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, that will allow consumers to register their fingerprint through their participating bank and then use that at any device (ATM or POS) to initiate a transaction rather than using a card.

31 May 2017

Company update/Biometrics

Russian banks and Mastercard pick fintech startups for Moscow accelerator

Russian financial institutions working together within the framework of collaborative fintech acceleration programme Fintech Lab, namely Ak Bars, VTB 24, Bank Saint Petersburg, Home Credit Bank and Absolut Bank picked 12 fintech startups they are going to mentor and guide through the acceleration programme.

29 May 2017

Company update/Biometrics

I'm all ears: NEC showcases the latest innovation in biometric security

NEC Corporation (NEC; TSE: 6701) today announced the development of a prototype "hearable device" (earphone device) user authentication technology, aiming to achieve new forms of convenient, safe and secure computing.

25 May 2017

News/Biometrics

Robot heart surgeons more trusted than robot bankers

New research from HSBC has found that people would rather put their faith in a robot to perform open-heart surgery than trust one to open a savings account or provide mortgage advice.

24 May 2017

News/Biometrics

Twins fool HSBC voice biometrics - BBC

Voice recognition software launched last year by HSBC in order to speed up access for phone banking customers has been successfully bypassed by a BBC reporter and his non-identical twin brother.

19 May 2017

News/Biometrics

Google and PayPal partner for mobile shopping by fingerprint

Android Pay users that have linked their PayPal accounts will soon be able to pay for goods when mobile shopping using the Chrome browser with just just a touch of their fingerprint.

18 May 2017

Company update/Biometrics

Nuance launches new biometric security suite

Nuance Communications (NASDAQ: NUAN) today took a major step towards reducing the risk of consumer fraud by announcing a new suite of biometric security solutions, driven by the latest in artificial intelligence (AI) innovations.

18 May 2017

Company update/Biometrics

Trulioo embeds facial recognition in to ID verification platform

Trulioo, the leading global identity verification company, has launched an ID document verification solution with facial comparison technology to provide an added layer of authentication to its comprehensive identity verification platform.

15 May 2017

News/Biometrics

Macau to implement facial recognition at ATMs

Macau is to introduce facial recognition for UnionPay cardholders at ATMs in an attempt to curb money laundering in the island territory.

08 May 2017

News/Biometrics

Samsung Galaxy S8 facial recognition software not ready for payments

Contrary to earlier reports, the new Samsung Galaxy S8 will not let users authenticate payments through facial recognition because the technology is still several years away from being sufficiently secure.

26 April 2017

News/Biometrics

South Africa gives the thumbs up to biometric cards

Mastercard is preparing to roll out biometric cards combining chip technology with fingerprints after getting the thumbs up from early-stage trials in South Africa.

20 April 2017

News/Biometrics

Lloyds partners Microsoft to pilot facial recognition access to online banking

Lloyds is teaming up with Microsoft to pilot the use of fingerprint and facial recognition technology for online banking logins on Windows 10 devices.

18 April 2017

Company update/Biometrics

Experian tackles new account fraud with BioCatch behavioral biometrics

BioCatch, the global leader in behavioral biometrics, announced today that it has teamed up with Experian, the leading global information services company, to integrate its behavioral biometric technology into the company's fraud and identity platform, CrossCore™, to help prevent new account fraud for its users.

11 April 2017

Company update/Biometrics

FSS launches Aadhaar Pay system in India

FSS, the Payments and Fintech leader has launched FSS Aadhaar Pay, to support the digital payment initiatives of the Government. Aadhaar is a 12-digit unique identification number issued by the Indian government to every individual resident of India.

10 April 2017

News/Biometrics

ANZ to use voice prints for mobile authentication

ANZ is to pilot the use of voice biometrics on mobile devices to automatically authorise high value payments.

03 April 2017

Company update/Biometrics

Samsung packs everything but the kitchen sink into Galaxy S8

Samsung Electronics Co., Ltd. introduces the Galaxy S8 and S8+ to the world, a smartphone that pushes the boundaries of traditional smartphones with its seamless hardware design and a variety of new service offerings.

30 March 2017

Company update/Biometrics

Malauzi to implement Touch ID for Android users

Malauzai Software, a provider of mobile and Internet banking SmartApps for community financial institutions, today announced that it will be launching the Fingerprint Authentication and Touch ID technology for Android 7.0 users this year.

28 March 2017

Company update/Biometrics

PyraMax Bank signs for Fiserv tech

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that PyraMax Bank, a mutual savings bank based in Greenfield, Wisconsin, has selected Fiserv as a technology partner to help the bank modernize its retail banking operations, create a frictionless customer experience and drive the growth of commercial loans and deposits.

28 March 2017

Company update/Biometrics

Equifax taps facial recognition for document verification

Equifax, the consumer and business insights expert, has launched a bespoke Document Verifier solution to provide faster identity authentication for financial product applications using facial recognition.

28 March 2017