commerce

BCTC is Certifying IDEX-powered Biometric Card for Major Global Payment Scheme

BCTC is Certifying IDEX-powered Biometric Card for Major Global Payment Scheme

“I’m more confident than ever that biometric smart cards are poised for mass adoption.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics announced today that biometric payment cards featuring its SmartFinger sensor technology have begun a certification process on behalf of a “major global payment scheme in Asia.” The Bank Card Testing Center, an independent…

Interview: Pat Patel on the Five Stories Powering Money20/20 Europe 2019 [AUDIO]

Interview: Pat Patel on the Five Stories Powering Money20/20 Europe 2019 [AUDIO]

Money20/20 Europe is only weeks away, and before we pack our bags and head to Amsterdam to report live on the conference’s biometrics and digital identity news, we caught up with the event’s coordinator: Pat Patel, Content Director for Europe and Asia at Money20/20. In his audio interview with Peter O’Neill, President, FindBiometrics, Patel lays…

ImageWare Sales Update Shows Building Momentum, Fruitful Partnerships

ImageWare Sales Update Shows Building Momentum, Fruitful Partnerships

“…ImageWare says its biggest partner had sealed a deal with a Canadian financial institution, which will also take advantage of ImageWare’s biometric technology for employee authentication.” ImageWare says its sales strategy is starting to pay off, insisting that it is building momentum in a new ‘sales update’. The company says that three of its partners…

Nuance Brings Biometric Caller Identification to Czech Republic

Nuance Brings Biometric Caller Identification to Czech Republic

“The technology replaces passwords and security questions, operating as the bank’s customers speak with its service representatives.” The Czech Republic’s biggest bank is now the country’s first to use voice authentication for customers, thanks to Nuance Communications. The company has announced that Česká spořitelna is now using its Security Suite solution to verify customers’ identities when…

INTERVIEW: Pat Patel, Content Director, Money20/20 [AUDIO]

INTERVIEW: Pat Patel, Content Director, Money20/20 [AUDIO]

We’re off to Amsterdam for Money20/20 Europe 2018, where we will be reporting from live next week, covering all the keynotes, panels and biometric FinTech announcements out of Europe’s most exiting financial industry conference. In preparation for this year’s event, FindBiometrics Managing Editor Peter Counter caught up with Pat Patel, Content Director for Money20/20. The conversation…

National Bank of Kuwait Launches Biometric Mastercard Project

National Bank of Kuwait Launches Biometric Mastercard Project

In cooperation with Mastercard, the National Bank of Kuwait will lead the first biometric payment card trial in the GCC, an economic bloc that also includes Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Oman. The news comes amid a flurry of activity concerning biometric payment card pilots in the region. In the middle…

South African Bank Becomes Biometric ATM Pioneer

South African Bank Becomes Biometric ATM Pioneer

One of South Africa’s biggest banks has developed a biometric ATM that will allow users to open an account using a fingerprint scan. In announcing the development, First National Bank said it had been trialing the ATM in the province of Gauteng since November of last year, and that it will deploy 50 more units…

Organizers Reveal Speakers for Inaugural Money20/20 Asia

Organizers Reveal Speakers for Inaugural Money20/20 Asia

“Organizers have also hinted at some of the major topics of Money20/20 Asia, including alternative lending, ‘augmented intelligence technology’, and tokenization in payments.” Just a month and a half ahead of the inaugural Money20/20 Asia event, organizers have announced some details including a roster of high-profile keynote speakers. Among them are some heavy-hitters: HSBC CIO…

VOXX International Corporation Appoints Subsidiary Company EyeLock’s New CEO

VOXX International Corporation Appoints Subsidiary Company EyeLock’s New CEO

VOXX International Corporation announced that Jeff Carter, formerly Chief Technology Officer of EyeLock, LLC , the Company’s majority owned subsidiary, has been appointed as Chief Executive Officer of EyeLock, effective immediately. EyeLock looks forward to working with Carter, seeing potential in the new CEO, “Jeff has been central to the development of EyeLock’s intellectual property,…

UnionPay Showcases Face-Based Naked Payments System at SFF 2017

UnionPay Showcases Face-Based Naked Payments System at SFF 2017

UnionPay, China’s major financial services organization, unveiled multiple new technologies for commerce at this month’s Singapore FinTech Festival (SFF), including a naked payments system based on facial recognition. Called FacePay, the system links a user’s face biometrics to their payment accounts, allowing them to make purchases just by presenting their face to a compatible POS…

Smart Vending Machines to Incorporate EyeLock Iris Scanning Tech

Smart Vending Machines to Incorporate EyeLock Iris Scanning Tech

EyeLock’s iris recognition technology will be integrated into a high-tech vending machine thanks to a new partnership with ViaTouch Media. The latter’s ‘Vicki’ vending machine will be unveiled to partners and potential investors at a private event this Thursday, and will subsequently be showcased at January’s Consumer Electronics Show. The machine uses an interface similar…

Jumio’s Netverify To Verify Identities of Plynk Users

Jumio’s Netverify To Verify Identities of Plynk Users

Jumio‘s Trusted Identity as a Service platform, Netverify, will be used to verify users of Plynk, a new peer-to-peer money transfer mobile app based in Europe. Netverify uses a combination of document reading and facial recognition via mobile device cameras in order to verify the identities of end users; it also recently acquired an eye…

Singapore Schools to Connect Student Accounts to Fingerprints

Singapore Schools to Connect Student Accounts to Fingerprints

“…a student could walk into a cafeteria, choose a lunch meal, and pay by tapping a Touché screen, with no need for connected devices or payment cards.” Starting next year, students at schools in Singapore will be able to buy lunch and other goods using just their fingerprints, thanks to a biometric payments system announced by…

Mobile Biometric Payments Are Continuing To Evolve

Mobile Biometric Payments Are Continuing To Evolve

It’s now a more-or-less normal thing to be able to buy something by holding your phone near a payment terminal and scanning your finger to confirm the transaction – not yet commonplace, but certainly not unheard of. That’s thanks in large part to the pioneering efforts of Apple, which kickstarted the mobile biometrics revolution with…

New Barclays App Feature Lets Users Send Money Transfers By Asking Siri

New Barclays App Feature Lets Users Send Money Transfers By Asking Siri

“…Siri represents a useful technological tool to enhance the bank’s appeal to customers who have iPhones and iPads.” Barclays has become the first bank in the world to let customers make payments by asking Siri, Apple’s voice-controlled AI assistant. The functionality comes via the Barclays Mobile Banking app, which allows users to say commands like,…

IdentiMetrics to Provide Biometric Cafeteria Tech to Pennsylvania School District

IdentiMetrics to Provide Biometric Cafeteria Tech to Pennsylvania School District

Students at numerous public schools in Pennsylvania will soon be scanning their fingers to get their cafeteria lunches. The technology comes by way of IdentiMetrics, which will provide fingerprint recognition technology to the Hazelton Area School District, reports the Standard Speaker. The contract, valued at $8,887, was approved by the school board last week, with…

Americans Open To Biometrics Payment Verification: Report

Americans Open To Biometrics Payment Verification: Report

Americans anticipate an increasingly digital future of payments, and sizeable proportions of the population are open to the idea of biometric payment verification, suggest the findings of a new survey by B2B invoicing specialist Viewpost. The survey found that 51 percent of respondents already reported being paid for work electronically, with 83 percent anticipating that…

Money20/20 Europe: The Future of Payments is Biometric

Money20/20 Europe: The Future of Payments is Biometric

Like last year’s inaugural event, this year’s Money20/20 Europe conference and exhibition featured a wide range of exciting FinTech. Also like last year’s event, biometric technology proved to be extremely prominent. As commerce increasingly goes digital, biometric authentication has proven to be an effective and even necessary security measure, helping to ensure that customers are…

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