ID Tech Digest – November 6, 2025
Welcome to ID Tech’s digest of identity industry news. Here’s what you need to know about the world of digital identity and biometrics today: Humanity Protocol…
financial technology
Articles tagged with financial technology
UAE to End SMS and Email OTPs for Digital Banking by March 2026, Adopting Biometrics and Passkeys
The Central Bank of the United Arab Emirates (CBUAE) has directed licensed financial institutions to phase out SMS and email-based one-time passwords (OTPs)…
Report: Global Biometric Payment Card Market Set for Rapid Growth to 2035
The global biometric payment cards market is forecast to grow from $321.9 million in 2025 to $6.47 billion by 2035, reflecting a compound annual growth rate of…
IDEX Biometrics Cuts Operating Costs by 52 Percent as It Refocuses on Access Control
IDEX Biometrics has reported a 52 percent year-over-year reduction in operating expenses for the first half of 2025, underscoring the financial impact of its…
JPMorgan Chase Opens $3 Billion Biometric-Enabled Headquarters at 270 Park Avenue
JPMorgan Chase has opened its new global headquarters at 270 Park Avenue in New York City, a $3 billion, 60-story skyscraper designed to accommodate up to…
AccessBank Liberia Launches Country’s First Biometric ATM and Digital Banking Services
AccessBank Liberia (ABL) has launched Liberia’s first fingerprint-based ATM system at its headquarters in Monrovia, alongside two digital banking services…
UK Government Prepares Digital ID Guidance for AML Compliance
The UK government is preparing new guidance to help financial institutions adopt digital identity solutions for anti-money laundering (AML) compliance, aiming…
Sumsub Joins FITSPA to Support Uganda’s Fintech Identity Infrastructure
Global identity verification provider Sumsub has joined Uganda’s Financial Technology Service Providers Association (FITSPA), reinforcing its commitment to…
NPCI Eyes Biometric UPI Payments, Could Eliminate PINs
The National Payments Corporation of India (NPCI) is evaluating new biometric authentication methods that could allow users to authorize Unified Payments…
Lotte Card Cleared for Facial Recognition Payments in South Korea’s Regulatory Sandbox
South Korea’s Financial Services Commission (FSC) has granted approval for Lotte Card’s facial recognition payment system under the country’s financial…