FinTech Gets the Ball Rolling in 2020’s First Biometrics News Roundup

Biometrics News -FinTech Gets the Ball Rolling in 2020's First Biometrics News Roundup

The new year has just started, and the biometrics industry is back in full swing, judging by this week’s roundup of FindBiometrics top stories from the past week. And it’s a roundup dominated by news from the financial services sector, with a strong focus on payments technology.

That’s apropos, given some of the results from the 2019 FindBiometrics Year in Review, the results of which have now been tabulated. Our first in-depth look at the results tackled the question of which application area for biometric technology was the most interesting in 2019, and financial services came through as the clear winner. Not only did it retain the top spot after last year’s results, but it consolidated its lead by taking an even greater share of the vote:

Year in Review: FinServ Consolidates Its Hold and Citizen ID Makes a Bold Debut in Top Applications

In payments news specifically, readers this week also proved interested highly interested in Gemalto’s and Fingerprint Cards’ announcement that their biometric payment card solution had received an important certification from Mastercard:

Thales, FPC Announce Mastercard Certification for Biometric Payment Card

… and news of a new face-based payments system to debut at this month’s National Retail Federation Expo also garnered some considerable attention from FindBiometrics visitors:

Worldline to Debut Pay by Face System in New York

Meanwhile, a typing analytics-based behavioral biometrics platform that offers considerable appeal to organizations in the financial services sector has also generated substantial interest among investors, with TypingDNA bringing in $7 million in a Series A funding round:

TypingDNA Lands $7 Million in Series A Funding

And finally, readers also proved interested in what Sensory, Inc. CEO Todd Mozer had to say in an interview with FindBiometrics President Peter O’Neill. Sensory’s technology has generated excitement in financial services and a number of other sectors, and Mozer was keen to discuss how it’s evolving, including the future convergence of voice and face biometrics:

INTERVIEW: Sensory CEO Todd Mozer on the Fused Future of Voice and Face Biometrics

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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.

January 12, 2020 – by Alex Perala