financial services

New Report Finds Fraud is Having a Bigger Impact on US Financial Institutions

October 30, 2019

LexisNexis Risk Solutions has released a new True Cost of Fraud report that details the growing impact of fraud on the American financial services and lending sector. The report found […]

Money20/20: FacePhi CEO Javier Mira Talks Biometric ATMs and Passive Liveness Detection [Audio Interview]

October 30, 2019

FindBiometrics is reporting live from Las Vegas this week, where the biometrics and digital identity industries are converging on Money20/20 USA – the world’s preeminent financial services conference. On Tuesday, […]

Banks Must Focus on Strong Mobile Authentication, Suggests iovation Survey

October 29, 2019

“…just as younger consumers tend to show a higher preference for mobile banking, those in the 18-34 age range tend to prefer using the biometric authentication capabilities of those devices, […]

FPC Places Biometric Sensor in New Payment Device from JCB

October 27, 2019

Biometrics News – Fingerprint Recognition Fingerprint Cards has placed one of its sensors in a new payment device from JCB. The device will support “personal authentication applications” in addition to […]

IDEMIA Brings FINRA Fingerprint Service to IdentoGO Locations

October 25, 2019

Biometrics News – Fingerprint Recognition IDEMIA has unveiled a new FINRA fingerprint service that allows customers to meet the Financial Industry Regulatory Authority’s strict requirements for fingerprint background checks. While […]

Onfido Fraud Index Suggests Identity Theft is a 9-to-5 Job for Cybercriminals

October 25, 2019

Onfido’s document analysts have put together the company’s inaugural Global Fraud Index, which estimates that online identity fraud costs the economy a whopping $5 trillion every single year. Only one […]

Parascript and Precodata Offer Signature Verification to Banks in South America

October 22, 2019

Parascript’s anti-fraud technology will now be available to South American banks thanks to a new partnership with Precodata, a company that provides printing and software solutions for financial organizations across […]

NICE Actimize Adds Three More Companies to X-Sight Marketplace

October 21, 2019

NICE Actimize has added three more companies to its rapidly accelerating X-Sight Marketplace. The Marketplace was first unveiled back in July, and provides financial institutions with a roster of approved […]

Daon, USL Partner to Bring Multimodal Authentication to Financial Institutions in Africa

October 21, 2019

Biometrics News – Financial Services Daon and Union Systems Limited (USL) have announced a strategic partnership that will bring Daon’s biometric authentication services via their IdentityX platform to USL’s customers […]

Money20/20 China Themes Point to Biometrics Prominence

October 16, 2019

Money20/20 organizers have officially announced the return of their China-based event. First launched last year, Money20/20 China drew a crowd of over 2000 professionals from 53 countries. Now, organizers say […]

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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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