Biometrics

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Santander UK CIO joins biometric outfit iProov

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Santander UK CIO joins biometric outfit iProov

Biometric face authentication technology company iProov has hired Miguel Traquina, Santander UK's chief information officer for operations and economic crime, as CIO

NextGen Nordics: Circular economy startup Loopfront sees 300% increase in users

/payments

NextGen Nordics: Circular economy startup Loopfront sees 300% increase in users

Ahead of our NextGen Nordics conference on 27 April 2022, we will be putting together a weekly briefing of all the top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

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Swedish payments institution Rocker to roll out biometric payment cards

IDEX Biometrics ASA announces that the Swedish banking challenger Rocker is teaming up with IDEMIA and IDEX Biometrics to launch Rocker Touch, becoming the first in Sweden and one of the first in the world to scale deployment of biometric cards to consumers.

TSB overhauls onboarding with Onfido’s biometric facial recognition

/identity

TSB overhauls onboarding with Onfido’s biometric facial recognition

TSB has shaved 20 minutes off its onboarding journey to allow accounts to be opened in just 10 minutes. Further, mobile functionality has been updated so only eight scrolls are needed to sign up on a mobile device, compared to 60 scrolls on the website.

Aldi applies facial-age estimation technology for checkout-free alcohol sales

/payments

Aldi applies facial-age estimation technology for checkout-free alcohol sales

Customers shopping in Aldi's first checkout-free store in London can use facial recognition technology to authorise the purchase of age-restricted products like alcohol.

/identity

Trulioo appoints Ramsbacker as CPO to advance digital identity strategy

Trulioo, the leading global identity verification company, today announced the appointment of Michael Ramsbacker as its first Chief Product Officer. A veteran product management leader, Ramsbacker has over 20 years of experience in the strategic execution of product strategies, particularly in the B2B technology industry. Ramsbacker will oversee the launch of new digital identity verification solutions via Trulioo GlobalGateway, the world’s largest network of identity data and services.

Will banks use digital security as a post-pandemic differentiator?

/Biometrics

Will banks use digital security as a post-pandemic differentiator?

376 downloads

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Face pay startup DigiDoe raises £850,000

DIGIDOE, the UK-based startup which is on a march to revolutionise the world’s outdated payments infrastructure, has secured more than £850,000 from new investors.

/security

Fingerprint Cards gains Mastercard recognition

Fingerprint Cards AB’s (Fingerprints) second-generation T-Shape sensor module and software platform for biometric payment cards have achieved compliance with Mastercard’s new Fingerprint Sensor Evaluation Process.

/security

Biometric face authentication firm iProov raises $70 million

iProov, the world leader in online biometric face authentication, today announced a $70 million (USD) growth investment from Sumeru Equity Partners(“Sumeru”).

/payments

Zwipe and Forzacard to launch biometric payment cards in Mexico

Biometric fintech company Zwipe and Forzacard, the leading domestic card manufacturer in Mexico, have agreed to develop and launch biometric cards powered by Zwipe and bring these innovations to banks and organizations looking for the latest solutions based on biometric card-authentication in Central and North America.

The Reinvention of Card Payments

/Biometrics

The Reinvention of Card Payments

1208 downloads

/identity

Eurostar lets customers complete tickets and passport checks at home with biometric ID

iProov, the world leader in biometric face authentication technology, and Eurostar, the high-speed passenger rail service linking the UK with mainland Europe, has announced that its trial of a contactless fast-track service, SmartCheck, is now live.

/payments

Account-to-account payments platform Vyne now live with 10 brands

Vyne, the specialist open banking powered account-to-account payments platform, today announces that its payment solution is now live on the checkouts of 10 brands in the THG plc portfolio; namely Myprotein, Glossybox, ESPA, Zavvi, Coggles, mio Skincare, Myvegan, Beauty Expert, Allsole and Pop In A Box. It’s the first step in a wider integration that will see Vyne’s solution offered as a payment method for 25 THG brands in total.

/identity

GBG acquires Acuant

GB Group plc (AIM: GBG), the experts in digital location, identity and identity fraud software, has today announced that it has reached agreement to acquire Acuant, a leading identity verification and KYC/AML compliance provider, for a cash-free, debt-free enterprise value of $736 million. The acquisition of Acuant brings together two of the leaders in the global digital identity market with a combined revenue of c.£265 million.

/security

Sift acquires biometric-based authentication provider Keyless

Sift, the leader in Digital Trust & Safety, today announced that it has acquired Keyless, a pioneer in passwordless and multi-factor authentication.

Facing up to the Future: Biometric Automation in Banking

/Biometrics

Facing up to the Future: Biometric Automation in Banking

460 downloads

VisionLabs unveils facial recognition payment terminal

/payments

VisionLabs unveils facial recognition payment terminal

Facial recognition company VisionLabs has unveiled a payments terminal that lets shoppers make payments with a look.

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Callsign joins the Visa Fintech Partner Connect programme

Visa chooses Callsign, as their preferred behavioral biometric digital and device intelligence identity provider.

/security

Fingerprints and Infineon enable biometric authentication solely in the Secure Element

World-leading biometrics company Fingerprint Cards AB (Fingerprints™) has enabled biometric authentication to be executed entirely within Infineon’s Secure Element, making it cheaper and easier for card manufacturers to develop and roll out biometric payment cards at scale.

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