financial services biometrics

Goldpac and IDEX Biometrics Card Gets Formal Approval From China UnionPay

February 16, 2021

Goldpac’s new biometric payment card has officially received a second letter of approval (LOA) from China UnionPay (CUP). The letter will allow Goldpac to move forward with its distribution plans […]

IDEMIA Provides Contactless Biometric Technology for India’s Federal Bank

February 12, 2021

India’s Federal Bank is turning to IDEMIA for contactless access control. The financial institution will be leveraging IDEMIA’s SmartBio SDK to enable biometric authentication for its employees. Under the new […]

New Biometric Smart Card Features T-Shape Sensor

February 11, 2021

Fingerprint Cards has provided the fingerprint sensors for a new biometric card from CardLab. The card combines FPC’s T-Shape fingerprint sensor model with TrustSec’s operating software. According to FPC, the […]

Nigeria Uses Integrated Biometrics Scanners to Power Bank Identification System

February 9, 2021

Integrated Biometrics (IB) is highlighting the role that its fingerprint scanners are playing in the Nigerian banking system. The country is using IB’s technology to register customers for its Nigeria […]

iProov Calls Out Banks With Poor Digital Services

February 4, 2021

iProov has published the results of a study that suggests that many top banks are needlessly creating more hassle for their customers with poor digital services. In that regard, the […]

Onfido Pushes Traditional Banks to Offer Better Digital Banking Services

February 1, 2021

Onfido has some handy advice for banks looking to move forward with their digital transformations. The company noted that COVID-19 has dramatically increased the demand for digital banking services, and […]

Onfido Provides Biometric Onboarding Tech for MANGOPAY

January 28, 2021

Onfido will be outfitting MANGOPAY with face-based identity verification technology. MANGOPAY operates an end-to-end payment platform that allows businesses to make, receive and manage payments with an e-wallet system that […]

BioCatch Pushes for Behavioral Biometrics on Mobile Banking Channels

January 28, 2021

BioCatch is encouraging financial institutions to use behavioral biometrics to secure their mobile banking platforms. The company noted that mobile banking limits the utility of security solutions that try to […]

French Bank Delivers First Sign of 2021’s Biometric Payment Card Commercialization

January 28, 2021

“BNP Paribas’s biometric payment card was developed by Thales, which obtained Visa certification for its solution last summer.” The first sign of a major, country-wide, mainstream rollout of biometric payment […]

FPC Survey Results Show Strong Interest in Biometric Payment Cards

January 20, 2021

Fingerprint Cards (FPC) has shared the results of a Kantar survey that speak to the growing demand for biometric cards. The study was conducted in September and October of 2020, […]

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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

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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

financial services biometrics

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