biometric ATMs

Financial Biometrics Month: The Roundup

Financial Biometrics Month: The Roundup

Coinciding with the biggest conference event in the financial services industry – Money20/20 USA – October was Financial Biometrics Month at FindBiometrics. Financial services has become one of the most important verticals for biometric technology in recent years, and given the dynamism of this sector, it’s worth taking a close look at recent, ongoing, and…

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

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

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, FindBiometrics President Peter O’Neill spoke with Javier Mira, the CEO of biometric authentication specialist FacePhi. The live interview begins with a discussion of Mira’s conversation…

Financial Biometrics Month: Payments Ditch the Wallet

Financial Biometrics Month: Payments Ditch the Wallet

Cash is getting scarce. It wasn’t so long ago that most transactions done in stores involved hard currency, but over time, dollars and bills have been increasingly displaced by debit and credit cards. Convenience is a big part of the reason, especially in countries where NFC-enabled POS terminals allow consumers to pay just by tapping…

NEC XON’s New Biometric Kiosk Dispenses Bank and SIM Cards on the Spot

NEC XON’s New Biometric Kiosk Dispenses Bank and SIM Cards on the Spot

Biometrics News – Financial Services NEC XON has released a self-service biometric kiosk that automates the distribution of SIM and bank cards. Developed in collaboration with Wavetec, the kiosk is essentially an ATM that gathers people’s personal information before dispensing a new bank card. The kiosk is built with NEC software and is able to…

Japanese Bank Begins Deployment of Biometric ATMs Featuring NEC Tech

Japanese Bank Begins Deployment of Biometric ATMs Featuring NEC Tech

“… Seven Bank has revealed that it has been working with facial recognition specialist NEC to develop these new ATMs, and that it will begin to replace current ATMs with the new models starting this month.” Tokyo-based customers of Japan’s Seven Bank will soon have sophisticated new ATMs at their disposal, thanks to technology from…

This Week’s Top Biometrics Stories: Fingerprint Tech, ATMs & e-Passports

This Week’s Top Biometrics Stories: Fingerprint Tech, ATMs & e-Passports

It’s another varied assortment of topics and themes in this week’s roundup of FindBiometrics’ top stories. And it begins with a bit of international flavor, with FindBiometrics President Peter O’Neill having reported live from one of the year’s biggest trade shows in Africa, and a major fingerprint biometrics specialist checking in on its new office…

Diebold Nixdorf Integrates IoT and Biometric Tech into New Line of ATMs

Diebold Nixdorf Integrates IoT and Biometric Tech into New Line of ATMs

Diebold Nixdorf has released a new line of ATMs that leverage mobile tech and biometrics to deliver a more personalized self-service experience. The DN Series is currently in a pilot phase with 18 financial institutions in 13 different countries, including BNL Gruppo BNP Paribas. “The self-service channel continues to play a crucial role in financial…

Alhamrani and ShoCard Team Up to Bring Biometric ATMs to Saudi Arabia

Alhamrani and ShoCard Team Up to Bring Biometric ATMs to Saudi Arabia

Alhamrani Universal is hoping to use blockchain and biometric technologies to eliminate the need for PIN entry at its ATMs. The company is Saudi Arabia’s largest provider of ATMs, and has announced a new partnership with ShoCard to introduce facial recognition software to verify user identities regardless of their chosen banking partner. “The ShoCard solution…

NEC Corporation Supplies Taiwanese Bank with Biometric ATMs

NEC Corporation Supplies Taiwanese Bank with Biometric ATMs

Taiwan’s E. Sun Commercial Bank is partnering with NEC Corporation to make ATM transactions more secure. The new ATMs are equipped with NEC’s NeoFace facial recognition technology, and can create a unique customer profile for anyone using the machine. So how does it work? When someone first inserts a cash card, the ATM will take…

FacePhi Tech Powers CaixaBank’s Biometric ATM

FacePhi Tech Powers CaixaBank’s Biometric ATM

“The CaixaBank ATM solution is designed to analyze a customer’s face with a 16,000-point scan, pointing to a high level of accuracy.” Spain’s CaixaBank has launched biometric ATMs that leverage facial recognition for user access. The system has been unveiled in 20 ATM terminals at four branches in Barcelona. CaixaBank customers have the option of…

Japanese Bank Plans to Deploy Face-Scanning ATMs

Japanese Bank Plans to Deploy Face-Scanning ATMs

“Seven Bank’s aim is to use the biometric technology for customer verification, and even to enable new customers to open bank accounts using the ATM.” An online-focused Japanese bank is preparing to introduce facial recognition at its real-world ATMs, reports The Japan Times. Seven Bank’s aim is to use the biometric technology for customer verification,…

Financial Biometrics Month 2018 – The Roundup

Financial Biometrics Month 2018 – The Roundup

In business, and perhaps especially in finance, timing is important. Borrowing at low rates, selling at high valuations, fundraising ahead of a market boom – success across a range of ventures depends so much upon acting when conditions are exactly right. For FinTech players involved in biometrics, that time is now, as our Financial Biometrics…

The Convenient Revolution: How Biometric Tech is Driving Financial Innovation

The Convenient Revolution: How Biometric Tech is Driving Financial Innovation

When it comes to matters of money, security has long been the paramount concern. When bank customers call to access information or perform certain transactions, bank representatives have to ask for passcodes and biographical data; in a bank branch, customers have to enter PINs even when conducting business in person. When making payments, a signature…

Financial Biometrics Month 2018 – The Primer

Financial Biometrics Month 2018 – The Primer

Money and security have always gone hand-in-hand — the more you have of the former, the more you need the latter. That’s part of the reason that biometrics has become such a hot topic in the world of financial technology in recent years. As financial services increasingly go digital, and money goes virtual, there’s a…

Bahraini Bank to Launch Biometric ATMs Early Next Year

Bahraini Bank to Launch Biometric ATMs Early Next Year

Bahrain’s Eazy Financial Services is about to make biometric banking a reality in the region thanks to a new partnership with Ithmaar Bank, with the organizations announcing that Ithmaar customers will soon be able to access ATMs with a simple fingerprint scan and PIN entry – and no need for a physical bank card. It’s…

New Diebold Nixdorf-Mastercard Solution Could Feature Biometric ATMs

New Diebold Nixdorf-Mastercard Solution Could Feature Biometric ATMs

Diebold Nixdorf and Mastercard are deepening their partnership with the announcement of a new collaboration focused on the development of a new banking-as-a-service solution. At the project’s outset, its details are a bit vague. In a statement, the companies said they will offer “an industry-defining, managed solution” for banking and retail that will be based…