financial services

Gartner Names Group-IB as a Representative Vendor in Fraud Detection

Gartner Names Group-IB as a Representative Vendor in Fraud Detection

Singapore’s Group-IB has been listed as a Representative Vendor in Gartner’s 2019 Market Guide for Online Fraud Detection. The cybersecurity specialist was specifically recognized for its Secure Bank/Secure Portal platform, which has been deployed by a number of different banks and online retailers who collectively serve more than 70 million customers. Secure Bank/Secure Portal is…

Facebanx Gets Listed on NICE Actimize’s X-Sight Marketplace

Facebanx Gets Listed on NICE Actimize’s X-Sight Marketplace

NICE Actimize is putting together an X-Sight Marketplace that will consolidate a range of products and services that can help companies reduce financial crime. New solutions will be listed once they have been vetted by NICE Actimize, making it easier for enterprise-level customers to shop for and add new security features to ensure regulatory compliance.…

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…

Element Provides Mobile Biometric Onboarding for Indonesian Bank

Element Provides Mobile Biometric Onboarding for Indonesian Bank

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…

ABCorp is NEXT Biometrics’ Latest Partner For Fingerprint Payment Cards

ABCorp is NEXT Biometrics’ Latest Partner For Fingerprint Payment Cards

“[ABCorp] will work with NEXT Biometrics to develop biometric cards, the latter’s key focus area as the fingerprint-scanning payment card market begins to take shape.” NEXT Biometrics has attained another major new partner in its biometric cards efforts: The company has teamed up with ABCorp. Headquartered in Connecticut, ABCorp is involved in the design and…

Mitchel Lenson Joins BioCatch Board of Directors as an Independent Member

Mitchel Lenson is the newest member of the BioCatch Board of Directors. The former Deutsche Bank executive has been appointed as an independent member of the board, where he will offer financial guidance as the company looks to expand its business internationally.  “Mitchel brings broad experience in the application of technology within the banking sector,…

OneSpan Secure Agreement Automation Makes it Easier to Open Digital Accounts

OneSpan Secure Agreement Automation Makes it Easier to Open Digital Accounts

OneSpan has launched a comprehensive onboarding platform designed for financial institutions. The cloud-based solution is called Secure Agreement Automation, and it automates the entire account opening process to reduce costs and improve the end-user experience. Secure Agreement Automation runs on open APIs, and unites multiple services under one software umbrella, including eSignature, workflow and end-to-end…

Money20/20 Europe: IDEMIA SVP Sarah Clark Delves into ‘Augmented Identity’ [AUDIO]

Money20/20 Europe: IDEMIA SVP Sarah Clark Delves into ‘Augmented Identity’ [AUDIO]

IDEMIA is one of the biggest names in biometrics and authentication, enjoying an extremely prominent role in areas such as law enforcement and mobile ID. But the company is also a pioneer in the area of financial services, where its approach to digital identity is helping a number of organizations to cope with the many…

Money20/20 Europe Focuses on Transformation and Innovation

Money20/20 Europe Focuses on Transformation and Innovation

This year’s Money20/20 Europe conference kicked off today, and it’s already shaping up to be one of the biggest industry events of the year. One indication of this is the number of speakers lined up to take the stage: More than 350 industry leaders will deliver talks throughout Money20/20 Europe’s keynotes, seminars, and sessions. And…

Unisys to Discuss Embedded Banking at FinTech Americas

Unisys to Discuss Embedded Banking at FinTech Americas

The Unisys Corporation’s Maria Allen is heading to the 2019 FinTech Americas conference to participate in a panel discussion that will delve into the benefits offered (and the challenges posed) by embedded banking innovations. “Advances like embedded banking enable digital banking services to be delivered in real time, when and where the customer needs it,”…

[UPDATED] The Biometrics Industry Speaks at Money20/20 Europe 2019

[UPDATED] The Biometrics Industry Speaks at Money20/20 Europe 2019

FindBiometrics is reporting live from Europe’s biggest financial industry conference, bringing you audio interviews with biometrics thought leaders. Money20/20 Europe kicked off Monday at Amsterdam’s RAI Convention Centre, and FindBiometrics was there to report on the festivities. The financial industry event, which this year boasts over 70 hours of content featuring more than 350 speakers,…

Visa Looks to Biometric Authentication with New LATAM and Caribbean Partnership

Visa Looks to Biometric Authentication with New LATAM and Caribbean Partnership

“We want Visa cardholders to feel absolutely confident that their funds and personal data are safe whenever and wherever they use their Visa cards.” – Alessandro Chiarini, CEO, Fortress Identity Delaware-based Fortress Identity has announced a new partnership with Visa that will see the company’s technology used to protect Visa cardholders in Latin America and…

Nuance: Automated Tools Will Make Financial Services More Efficient

Nuance: Automated Tools Will Make Financial Services More Efficient

Nuance Communications has shared the results of its second annual survey of financial services professionals, finding that employees in the financial sector are increasingly searching for automated tools that will help them do their jobs more efficiently. The survey incorporated feedback from more than 63,000 people, and highlighted workplace documentation and customer service as potential…

BIO-key Sees Trend Taking Shape with Latest Financial Services Clients

BIO-key Sees Trend Taking Shape with Latest Financial Services Clients

“Both financial services organizations have embraced BIO-key’s PIV Pro fingerprint readers and ID Director software for employee authentication, using the biometric technology to regulate access to sensitive IT assets.” BIO-key has two new clients in the financial services sector, and the company’s leadership believe it’s a sign of more good things to come. The company…

Verint Provides Anti-Fraud ID Solution for VyStar Credit Union

Verint Provides Anti-Fraud ID Solution for VyStar Credit Union

The Vystar Credit Union is upgrading its contact center security with Verint’s anti-fraud technology. The latter’s Identity Authentication and Fraud Detection platform uses behavioral biometrics and voice biometrics to analyze the speech and navigation patterns of people calling into the contact center and assess the validity of a call before it ever reaches a VyStar…

Unisys Study Highlights the Importance of Data Security for Hong Kong Banking Customers

Unisys Study Highlights the Importance of Data Security for Hong Kong Banking Customers

A new report from Unisys suggests that data security is crucial for Hong Kong banking customers. The regional study looked at people’s banking preferences in Australia, the Philippines, Australia, New Zealand, and Hong Kong, and found that the majority (61 percent) of those in Hong Kong cited safety as their primary criteria when searching for…

Jumio and Monzo Renew Award-Winning Partnership

Jumio and Monzo Renew Award-Winning Partnership

“As Monzo continues to grow, we know that Jumio will scale with our business, helping Monzo create the best-possible experience for our banking customers while fighting financial crime,. – Natasha Vernier, Head of Financial Crime, Monzo Jumio has renewed its award-winning partnership with Monzo. The two parties first teamed up back in 2017, with Jumio…

IDEX On Verge of Big Fingerprint Biometrics Deal with IT Provider

IDEX On Verge of Big Fingerprint Biometrics Deal with IT Provider

IDEX may have some big news in the pipeline: The company has announced that it expects to win a contract with a global IT solutions provider serving the financial services market. The deal hasn’t yet been finalized, but in a statement announcing the development IDEX was able to provide a few early details. The company…

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