FindBiometrics
Global Identity Management
Daon will be providing essential mobile onboarding and identity verification services for TONIK Digital Bank. TONIK is the first digital-only bank in Southeast Asia, and will leverage Daon’s cloud-based IdentityX to onboard its new customers. IdentityX is based on current FIDO standards, and can verify the identities of customers with face, voice, and fingerprint biometrics. […]
Pakistan Prime Minster, Imran Khan, announced the latest addition to his national anti-poverty program — known as Ehsaas Kafaalat — which will see seven million women suffering from poverty receive a biometric money transfer of 2000 Pakistani rupees (approximately $13) each. As a part of this latest initiative, each woman would also receive a bank […]
United Overseas Bank (UOB) has announced the launch of fingerprint and facial recognition authentication methods for customers of its TMRW digital banking brand. With the announcement, TMRW, the first mobile-only bank in Thailand, also becomes the first bank in Thailand to offer multimodal biometric authentication. “At TMRW, we are committed to making banking simpler, more […]
Element will be providing biometric authentication services for Bank Central Asia (BCA) in Indonesia. Through the partnership, BCA will deploy Element’s facial recognition technology for customer onboarding and authentication, leveraging mobile technology to increase people’s access to secure financial services. “By 2025, a projected 284 million Indonesians are estimated to have 410 million smartphone […]
“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 […]
The Women’s Micro Bank and the UN’s Pacific Financial Inclusion Programme are rolling out a new biometric banking system to make financial services more accessible to women in rural Papua New Guinea. The system is essentially a network of kiosks dubbed Mama Access Points – or MAPs – each of which is equipped with a […]
“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, […]
Biometric security has been booming in the financial services sector in recent years, and a new report from Goode Intelligence suggests that upwards trend is going to continue. Entitled “Biometrics for Banking: Market and Technology Analysis, Adoption Strategies and Forecasts 2018-2023,” the report predicts that by 2020, more than 586 million bank customers will be […]
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 […]
Axis Bank is staking a claim to being the first financial services institution in India to implement iris-based Aadhaar authentication on a ‘micro ATM’, a term for portable terminals used to enable account access. Axis Bank has embedded iris recognition technology into a tablet device to enable to the functionality as part of its efforts […]
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