Another Financial Services-heavy Roundup of This Week’s Top Biometrics Stories

With markets still reeling from the effects of COVID-19 and the resulting lockdown efforts, this week nevertheless brings another financial services-heavy roundup of FindBiometrics’ top stories.

We begin with a global financial services giant: readers proved to be very interested this week in the news that Mastercard had joined the ID2020 Alliance, a public-private partnership that has been exploring the use of technologies like biometrics and blockchain in established user-managed digital identity solutions:

ID2020 Alliance Welcomes Mastercard to the Fold

Also popular was news from Nuance, which announced this week that National Australia Bank would deploy its voice recognition technology to help secure its call center operations:

National Australia Bank Secures Contact Center with Nuance Voice Biometrics

BioCatch also got some attention with a blog post about how financial services organizations can help to guard against fraud at a time when more and more banking is being done online. A key solution, the company emphasizes, is behavioral biometrics:

Behavioral Biometrics Can Ensure Strong UX as Online Banking Rises: BioCatch

In quite a different financial application of biometric technology, this week brought the news that the government of Indonesia has completed a pilot program in which facial recognition was used to identify the recipients of social assistance benefits:

Indonesian Government Assesses Facial Recognition System for Social Assistance Distribution

Finally, one of this week’s top five most popular articles was totally outside of the financial services domain. It concerns the news that the DHS’s Science and Technology Directorate is partnering with the Transportation Security Administration, and that the two are planning to issue a solicitation for passenger self-screening technology for airports:

DHS, TSA to Issue Solicitation for Airport Self-Screening

Stay posted to FindBiometrics next week as we continue to bring you the latest news and interviews from the exciting world of biometrics. To see the hottest stories of the week in mobile digital identity, visit our sibling site Mobile ID World.

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May 31, 2020 – by Alex Perala

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Partners

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