Search Results for “Finance”

Financial Biometrics Month: Four Unique Modalities

November 19, 2015 by Alex Perala

Financial biometrics are spreading like wildfire across the FinTech industry. With all the big financial service providers and most major banks embracing strong authentication for both payments and banking operations, there have never been so many … [Read more...] about Financial Biometrics Month: Four Unique Modalities

Financial Biometrics Month: The Benefits of Biometric Banking

November 12, 2015 by Alex Perala

The Concept Biometrics exploded onto the consumer financial market in a big way with payment tech – in 2014 Apple Pay and fingerprint sensor authenticated PayPal transactions saw to that – but when it comes to everyday users scanning their body and … [Read more...] about Financial Biometrics Month: The Benefits of Biometric Banking

VoiceTrust and USoft Merge to Form BioTrust

November 10, 2015 by Alex Perala

Canadian biometric technology developer VoiceTrust and Dutch business app developer USoft have merged, the companies have announced. Their new company is called BioTrust, and will specialize in multimodal biometric authentication solutions. In a … [Read more...] about VoiceTrust and USoft Merge to Form BioTrust

Iris Recognition Market Rises as Costs Fall: Report

November 9, 2015 by Alex Perala

The iris biometrics market is in for some steady growth over the next few years as it continues to overcome obstacles related to cost. Such is the outlook presented by Frost & Sullivan in a new report entitled "5-year Opportunity Analysis of the … [Read more...] about Iris Recognition Market Rises as Costs Fall: Report

News Roundup: Biometrics and FinTech

November 9, 2015 by Alex Perala

Last week at FindBiometrics we kicked off Financial Biometrics Month with a primer designed to get you up to speed on all the most recent happenings in the identity and commerce space, including the recent Money20/20 conference. In the industry news, … [Read more...] about News Roundup: Biometrics and FinTech

Financial Biometrics Month: The Primer

November 5, 2015 by Alex Perala

Biometrics and financial technology have converged in a very powerful way. FindBiometrics was recently in Las Vegas for Money20/20 – a major FinTech conference – to host a biometrics in commerce panel, and it was clear from the ground floor: … [Read more...] about Financial Biometrics Month: The Primer

British Banks To Customers: Don’t Share Fingerprints

November 4, 2015 by Alex Perala

British banks are warning their customers not to allow their fingerprint biometric data to be stored in others' iPhones for use in Apple Pay purchases. It's a matter of liability in fraud and disputed transactions, with the banks arguing that such … [Read more...] about British Banks To Customers: Don’t Share Fingerprints

BIO-key Secures $8.4m Investment Deal

November 2, 2015 by Alex Perala

Fingerprint biometrics technology company BIO-key has raised $8.4 million through a major new investment deal, the company has announced. The deal entails the issuance of Series A-1 Convertible Preferred Stock to a Hong Kong investor specializing … [Read more...] about BIO-key Secures $8.4m Investment Deal

News Roundup: Bringing Biometrics To Money20/20

November 2, 2015 by Alex Perala

Last week FindBiometrics brought biometrics to Money20/20 once again with a panel on the topic of strong authentication and identity management in finance. We brought Mobile Identity Month to a close last week too with a look at how mobile biometrics … [Read more...] about News Roundup: Bringing Biometrics To Money20/20

Money20/20: Settling The Spoofing Score

October 27, 2015 by Alex Perala

During yesterday’s FindBiometrics hosted panel at Money20/20, Biometric Identity & Its Applications in Financial Services & Payments, the conversation turned inevitably to the problem of spoofing on consumer biometric devices, namely, the … [Read more...] about Money20/20: Settling The Spoofing Score

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Partners

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/

Anonybit is a privacy-focused technology platform that provides decentralized solutions for securing personal data, particularly biometric information. Rather than storing sensitive data in centralized repositories, which are vulnerable to breaches, Anonybit uses a distributed architecture that breaks data into smaller encrypted bits and stores them across a network of decentralized nodes. This approach ensures that no single entity has access to the full dataset, enhancing privacy and security, even preventing insider threats. Anonybit is used by leading banks, fintechs and other enterprises for critical biometric identity functions like deduplication and blocklist checks, step up authentication, passwordless login and account recovery https://anonybit.io/

Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

ID R&D is an innovator of biometric facial liveness, document liveness, and voice biometrics. Ranked #1 by NIST, our patented passive approach to liveness, and specialized detection of voice clones, injection attacks and deepfakes, empowers KYC and authentication systems with fast, accurate and secure biometric verification technologies. Over 140 partners in more than 70 countries are collectively processing hundreds of millions of identity checks per year. ID R&D solutions easily integrate with mobile, web, messaging, smart speakers, set-top boxes, and IoT devices. Learn more: www.idrnd.ai

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