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…
This week saw one of the industry’s most important events in Money20/20 Europe, with biometrics and other authentication technologies playing an ever-growing role in the world of financial services. And it seems that a lot of people didn’t have time to do much reading: The most popular posts on FindBiometrics this week were all interviews.…
“[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…
“The partnership will focus on biometric payment cards, and entails the licensing of Zwipe intellectual property, the integration of Zwipe components, and the use of Zwipe’s cardholder enrollment technology.” China-based card integrator Goldpac has added another Scandinavian biometrics specialist to its roster of partners, with Zwipe announcing that it has established a new collaborative agreement…
Fingopay has partnered with Cardstream as it moves towards a global rollout of its naked payments platform. The alliance will give Fingopay access to all of the payment partners and applications that are connected to Cardstream’s Open Payment Network, which will allow it to expand rapidly as more retailers incorporate the technology. The global launch…
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…
![[PODCAST] Precise Biometrics and NXP on the Future of Biometric Payment Cards at Money20/20 Europe](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/m2020eu19-Precise-and-NXP-620x350.png)
The latest episode of The FindBiometrics & Mobile ID World Podcast – which dives deep into the topic of biometric payment cards – comes to you live from Money20/20 Europe in Amsterdam. As financial services and payments continue to influence the evolution and public perception of biometrics, one area of innovation has emerged as particularly…
![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…
“Money20/20’s global conference series is responsible for facilitating some of the most crucial conversations in financial ID.” FindBiometrics is heading to Amsterdam next week for Europe’s biggest financial services and FinTech conference: Money20/20 Europe. Running June 3-5 at The RAI, this year’s show features more than 350 speakers accounting for over 70 hours of content,…
ABI Research is charting a strong ascent for EMV payment card issuance, with emerging biometric card technology playing an important role. The market research firm says it expects EMV payment card issuance to rise from 3.18 billion this year to over 3.75 billion by 2023, with several factors propelling that growth. These include contactless migration,…
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…
“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…
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…
![Interview: Pat Patel on the Five Stories Powering Money20/20 Europe 2019 [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/placeholder-interviews.png)
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…