Biometrics

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Identity verification’s integral position in evolving digital transformation

/Biometrics

Identity verification’s integral position in evolving digital transformation

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/security

Biometric identity fintech FinGo accesses Mastercard Payment Gateway Services

FinGo, the fintech behind the world’s first biometric identity authentication and payments platform, has entered a strategic partnership with Mastercard.

Visa invests in LoginID to accelerate Fido-certified SCA

/security

Visa invests in LoginID to accelerate Fido-certified SCA

Visa has invested in LoginID, the startup behind a series of APIs and SDKs that make it easy for firms to integrate Fido-certified biometric authentication steps into their sites and apps.

/security

Mitek acquires ID R&D

Mitek (NASDAQ: MITK), a global leader in digital identity verification, today announced that it has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection.

/security

FaceTec and Onfido team on face biometrics

FaceTec, Inc., U.S.-based provider of world-leading 3D Liveness and 3D Face Matching software for remote identity platforms, and U.K./U.S.-based Onfido, a global leader in identity verification, have announced today a partnership to combat the growing problem of digital fraud.

/security

Zwipe ties up with FSS for global roll out of biometric cards

FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payment processor, is to collaborate with Zwipe to bring next generation contactless payment cards to issuers globally.

HSBC's Voice ID prevents £249 million of attempted fraud

/security

HSBC's Voice ID prevents £249 million of attempted fraud

HSBC's caller identification programme Voice ID has cut telephone banking fraud by over 50% during the past year, demonstrating the value of biometric verification in the fight against scammers.

/payments

Fidesmo partners with Länsförsäkringar

The Swedish tech company Fidesmo expands its offering Fidesmo Pay in the Swedish market as it enters a collaboration with Länsförsäkringar Bank.

/security

Crédit du Nord partners Fabrick on biometric authentication

Leading Open Banking Ecosystem Fabrick and Crédit du Nord, a leading French retail banking group comprising nine regional banks, launched Identity Check Mobile (IDCM) to make biometric authentication available to cardholders for remote transactions.

/security

Fabrick to provide biometric authentication tech for Crédit du Nord

Leading Open Banking Ecosystem Fabrick and Crédit du Nord, a leading French retail banking group comprising nine regional banks, launched Identity Check Mobile (IDCM) to make biometric authentication available to cardholders for remote transactions.

/identity

Veriff releases Face Match product

Veriff, a global identity verification provider released Face Match, a new AI feature that authenticates or reverifies a person online.

OCBC rolls out facial verification for ATM transactions

/security

OCBC rolls out facial verification for ATM transactions

OCBC Bank is rolling out facial verification technology to its network of ATMs, enabling users to check their balances and ultimately make cash withdrawals via a scan of their faces.

Russian supermarket chain rolls out pay-with-face technology

/payments

Russian supermarket chain rolls out pay-with-face technology

Shoppers in Moscow will soon be able to 'pay-with-a-glance' at over 200 outlets of Russian supermarket chain X5, thanks to a joint initiative with Sberbank and Visa.

/retail

Payments biometrics trialled for Covid test confirmation

A care home in Blackpool has become the first in the UK to demonstrate an inclusive biometric certification system, which does not rely on smartphones, to ensure the safety of residents, staff, and visitors.

/security

Verifo adds iDenfy biometric ID to digital onboarding

iDenfy today announced Verifo as its latest partner implementing its innovative proprietary digital identity verification interface for the financial industry. Based in Lithuania, iDenfy has led the way in digital identification interfaces.

DBS makes corporate account opening a snap with biometric face verification

/identity

DBS makes corporate account opening a snap with biometric face verification

Singapore's DBS is to use the Government's Singpass digital identity and authentication system to provide clients with biometric face verification for corporate account opening.

UBS: Fingerprint cards will generate $5bn in bank revenues by 2026

/payments

UBS: Fingerprint cards will generate $5bn in bank revenues by 2026

Analysts at UBS believe that biometric payment cards could capture a 15% share of the card market within the next five years.

/Biometrics

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.

Nordic change is in the air for 2021

/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.

BNP Paribas to charge €24 a year for biometric card

/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.

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