FinTech

Financial Biometrics Month: Mobile Revolutions in FinTech

Financial Biometrics Month: Mobile Revolutions in FinTech

The rise of the smartphone has been transformative in a number of profound ways. Just as pedestrians in the early 20th century couldn’t have imagined the preponderance of cars that would soon clog their streets, in the 21st century we’ve moved from landlines and answering machines to a smartphone in every pocket (not to mention…

Money20/20 China Themes Point to Biometrics Prominence

Money20/20 China Themes Point to Biometrics Prominence

Money20/20 organizers have officially announced the return of their China-based event. First launched last year, Money20/20 China drew a crowd of over 2000 professionals from 53 countries. Now, organizers say that Money20/20 2019 will have capacity for more than 2500 people, and will feature over 300 speakers. Organizers have also revealed an ambitiously wide-ranging slate…

Zwipe Unveils ‘Z5’ Chip Prototype for Biometric Cards, Wearables

Zwipe Unveils ‘Z5’ Chip Prototype for Biometric Cards, Wearables

Biometrics News – Fingerprint Recognition Zwipe has completed a prototype of what could become a critically important component of its biometric payment card business activities. Dubbed the “Z5” chip, the solution is designed to consolidate components needed for energy harvesting and management for embedded biometric systems. This could offer cost and manufacturing efficiencies for products…

Airport Biometrics Lead This Week’s Top Stories

Airport Biometrics Lead This Week’s Top Stories

At the end of each week, FindBiometrics has been rounding up the site’s most popular posts, and reviewing them for anyone who might have missed the big news. The collection this week spans across a range of topics, from corporate restructuring to national ID to FinTech; but if there’s any trend to be found in…

Financial Biometrics Month: The Next Big Wave in Payments

Financial Biometrics Month: The Next Big Wave in Payments

The technological areas of biometrics and smart cards have overlapped for many years now, most notably in the domain of access control, where multiple access terminals and kiosks have supported both biometric and smart card-based authentication. And smart cards with built-in biometric capabilities started to emerge several years ago, in various forms: Face Forensics, for…

Featurespace Brings on Fraud and Financial Crime Software Expert

Featurespace Brings on Fraud and Financial Crime Software Expert

Biometrics News – Behavioral Biometrics Featurespace has hired Dena Hamilton in an effort to improve its anti-fraud capabilities. Hamilton is signing on as the company’s new Fraud and Financial Crime market expert, and arrives with more than 20 years of experience in the field of financial crime prevention. Hamilton has particular expertise in software product…

IDEX Biometrics Granted UK Patent for On-card Enrollment Solution

IDEX Biometrics Granted UK Patent for On-card Enrollment Solution

IDEX Biometrics has been granted another important patent pertaining to its on-card enrollment solution for biometric cards, this time from the UK Intellectual Property Office. In announcing the latest patent approval, IDEX indicated that the filing concerned is “in the same patent family” as on-card enrollment patents approved by the Australian patent authority and by…

NEC XON’s New Biometric Kiosk Dispenses Bank and SIM Cards on the Spot

NEC XON’s New Biometric Kiosk Dispenses Bank and SIM Cards on the Spot

Biometrics News – Financial Services NEC XON has released a self-service biometric kiosk that automates the distribution of SIM and bank cards. Developed in collaboration with Wavetec, the kiosk is essentially an ATM that gathers people’s personal information before dispensing a new bank card. The kiosk is built with NEC software and is able to…

Bank of Thailand Plans Trial of Biometric KYC Technology

Bank of Thailand Plans Trial of Biometric KYC Technology

Biometrics News The Bank of Thailand (BoT) has announced that it is moving forward with a test of biometric Know Your Customer (KYC) technology. The test will involve ten separate organizations, including commercial banks and other non-bank financial institutions. The test itself will not begin until some unspecified technical issues have been resolved, although Bank…

Featurespace Outfits Mexican Credit Bureau with Behavioral Biometric Tech

Featurespace Outfits Mexican Credit Bureau with Behavioral Biometric Tech

Biometrics News – Behavioral Biometrics The Latin American credit bureau Círculo de Crédito is collaborating with Featurespace to bring the latter’s new anti-fraud platform to the Mexican market. Featurespace’s ARIC platform leverages behavioral biometrics to spot suspicious behavior, and is geared towards banks, credit card companies, and other financial services providers. ARIC is built with…

IDEX to License Biometric Smart Card Enrollment Tech to IDEMIA

IDEX to License Biometric Smart Card Enrollment Tech to IDEMIA

IDEMIA has established a licensing agreement with IDEX concerning the latter’s biometric enrollment technology for payment cards and smart cards. The agreement grants IDEMIA the use of certain IDEX patents for the purpose of developing and selling on-card enrollment devices that function with IDEMIA’s own biometric card software. IDEX first announced its enrollment system for…

FacePhi Leaps into Healthcare Biometrics with Swiss Medical Group Partnership

FacePhi Leaps into Healthcare Biometrics with Swiss Medical Group Partnership

“It is a breakthrough in our business strategy, since we are entering a new sector in which we had no presence before.” – Javier Mira, CEO, FacePhi Spain-based biometric authentication specialist FacePhi has made its first big leap beyond the financial services sector, announcing that a new partnership with Swiss Medical Group has brought it…

Signicat Research Finds European Consumers’ Breaking Point for Online Onboarding

Signicat Research Finds European Consumers’ Breaking Point for Online Onboarding

“Based on surveys of 3,500 adults across Finland, Germany, the Netherlands, Norway, the UK, and Sweden, Signicat’s report says that over half of all consumers are willing to go through an onboarding process that takes more than ten minutes.” Europeans have a lot of patience for financial services firms’ online onboarding processes, but not as…

IDEMIA and Zwipe Team up on Simplified Biometric Card Solution

IDEMIA and Zwipe Team up on Simplified Biometric Card Solution

“… IDEMIA and Zwipe say that their solution will be distinguished by its relatively small number of components, with things like the Secure Element and the microcontroller all embedded in a single chip mounted on a flexible Printed Circuit Board.” IDEMIA and Zwipe have teamed up on a biometric payment card solution that they are…

Zwipe and G+D Developing New Biometric Payment Device

Zwipe and G+D Developing New Biometric Payment Device

“We have selected Zwipe because of their proven ability to integrate biometrics with payment functionalities into an extremely space and energy-constrained environment.” – Gabrielle Bugat, Group Senior Vice President, Head of Business Unit, Financial Services, G+D Mobile Security Zwipe and Giesecke + Devrient Mobile Security (or “G+D”) are teaming up on a new payment device,…

New Daon Appointment May Hint at Stronger Government Focus

New Daon Appointment May Hint at Stronger Government Focus

A former tech executive with some pretty substantial government experience is Daon‘s new President of Emerging Markets. In the tech world, John Sanders may be best known as a co-founder of Reveal Imaging Technologies, which he led as VP from 2003 to 2010. More recently, he served as CEO of Pramantha Solutions, a government-focused data…

FPC Survey Finds Broad Support for Contactless Biometric Payment Cards

FPC Survey Finds Broad Support for Contactless Biometric Payment Cards

Fingerprint Cards (FPC) has conducted a poll of banks and consumers in an effort to learn more about their views about financial security and the prospects for biometric payment cards. The company found that banks and consumers are generally aligned in their views, especially when it comes to the significance of contactless payments. On that…

Japanese Bank Begins Deployment of Biometric ATMs Featuring NEC Tech

Japanese Bank Begins Deployment of Biometric ATMs Featuring NEC Tech

“… Seven Bank has revealed that it has been working with facial recognition specialist NEC to develop these new ATMs, and that it will begin to replace current ATMs with the new models starting this month.” Tokyo-based customers of Japan’s Seven Bank will soon have sophisticated new ATMs at their disposal, thanks to technology from…

NICE Actimize Adds HooYu to the X-Sight Marketplace

NICE Actimize Adds HooYu to the X-Sight Marketplace

The identity verification company HooYu is the latest addition to NICE Actimize’s X-Sight Marketplace. The X-Sight Marketplace offers a collection of solutions for financial institutions looking to reduce the threat of financial crime. To that end, HooYu Identify uses facial recognition tech to match a live face against the picture on an official identity document.…

Pages