“It’s a self-service system for bank customers that can be deployed in a lobby or even in a drive-thru setup, enabling end users to check balances, make withdrawals, transfer funds, and more.” Fresh off its announcement that a Pennsylvania-based Federal Credit Union has deployed its Verifast biometric authentication solutions, Fiserv has announced a new product…
“HSBC will apply the ARIC platform to fight fraud specifically in the areas of insurance and retail…” HSBC has become the latest financial services organization to adopt Featurespace‘s behavioral biometrics-driven anti-fraud technology. Featurespace only just announced its Adaptive Behavioral Biometrics solution this past June. Part of the company’s ARIC anti-fraud platform, the technology is designed…
“The partnership will see Neoris use FacePhi’s biometric technologies used in digitization projects with its clients.” A new strategic partnership could help FacePhi to further expand its reach in the financial services sector. The company has teamed up with Neoris, a Miami-based digitization consultancy with a strong focus on FinTech. The partnership will see Neoris…
Pennsylvania’s Merck Sharp & Dohme Federal Credit Union is now using biometric technology from Fiserv to authenticate both customers and employees. There are three particular product solutions in play. Verifast Branch is being used to authenticate credit union members; Verifast SSO is the authentication solution used by Merck Sharp & Dohme employees for internal computer…
Bahrain’s Bank ABC has partnered with Jumio, deploying the latter’s Identity Verification platform to facilitate customer onboarding on its digital banking channels. Jumio’s facial recognition technology will allow new customers to open a Bank ABC account without needing to visit a physical branch location. To use Jumio Identity Verification, prospective Bank ABC clients will need…
The online security specialist Buguroo is the latest addition to NICE Actimize’s rapidly expanding X-Sight Marketplace. The Marketplace was set up to offer approved products and solutions that will help reduce the threat of financial crime for providers of financial services. The listing of Buguroo comes only days after Facebanx was added to the X-Sight…
With all the excitement currently swirling around biometric payment cards, NEXT Biometrics‘ activities in this area have received a significant share of the spotlight in recent months. The company has established itself as a major player, with recently announced partnerships with a major US payment network and ABCorp offering the latest examples of NEXT’s prominence.…
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…
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 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 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] 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 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 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]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/m2020eu19-IDEMIA-1-e1559680815299-620x350.png)
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…
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…
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](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/m2020eu19-logo-dark2-620x350.png){kind=logo}
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,…
“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…