FinTech

Major Irish Bank Deploys Nuance’s Voice Authentication System

Major Irish Bank Deploys Nuance’s Voice Authentication System

“…he move was also a response to enthusiasm that customers demonstrated for the biometric authentication technology used in AIB’s mobile app.” One of Ireland’s biggest banks has implemented voice recognition technology from Nuance Communications for customer authentication. Thanks to the newly implemented system, Allied Irish Banks customers who register for voice authentication can confirm their…

FIME Gets Mastercard Accreditation for Biometrics Testing

FIME Gets Mastercard Accreditation for Biometrics Testing

“…the timing of FIME’s accreditation also points clearly to the emergence of biometric payment cards, which Mastercard has been determinedly pushing toward a large-scale launch.” FIME, a firm that offers testing, certification, training, and consultancy services to the payments industry, has received accreditation from Mastercard to test fingerprint authentication solutions. In a statement announcing the…

Zwipe Partners with Philippines’ Allcard, Hopes for H2 2019 Orders for Biometric Payment Cards

Zwipe Partners with Philippines’ Allcard, Hopes for H2 2019 Orders for Biometric Payment Cards

“The companies said that they anticipate initial trials with some of those leading banks to begin in the first quarter of next year…” A new corporate partnership has given Zwipe a foothold in the Philippines market for biometric payment cards. The company has teamed up with Allcard, a Mastercard- and Visa-accredited, end-to-end card solutions provider…

INTERVIEW: IDEMIA VP Gary Jones on Augmented Identity, AI, and the MorphoWave

INTERVIEW: IDEMIA VP Gary Jones on Augmented Identity, AI, and the MorphoWave

IDEMIA had a huge presence at the 2018 Money20/20 USA event in Las Vegas last month, and FindBiometrics President Peter O’Neill had the opportunity to talk with multiple executives from the company live on the show floor. Among them was Gary Jones, the head of the company’s Biometric Access & Time Solutions division, who chatted…

BehavioSec Upgrades Flagship Platform

BehavioSec Upgrades Flagship Platform

“The system’s operation has also been streamlined, with new threat detection algorithms having reduced the number of end user interactions needed to recognize individuals and potential threats.” BehavioSec has upgraded its behavioral biometrics platform. Version 5.0 of the BehavioSec Behavioral Biometrics Platform is now able to detect the use of Virtual Private Networks and TOR-routed…

Financial Biometrics Month 2018 – The Roundup

Financial Biometrics Month 2018 – The Roundup

In business, and perhaps especially in finance, timing is important. Borrowing at low rates, selling at high valuations, fundraising ahead of a market boom – success across a range of ventures depends so much upon acting when conditions are exactly right. For FinTech players involved in biometrics, that time is now, as our Financial Biometrics…

Indian FinTech Firms Look for Aadhaar Alternatives for KYC in Wake of Supreme Court Ruling

Indian FinTech Firms Look for Aadhaar Alternatives for KYC in Wake of Supreme Court Ruling

“The situation is only the latest illustration of the haphazard character of Aadhaar’s rapid evolution over the last few years, with government agencies and businesses applying the ID program in something of a regulatory and legal fog.” The Indian Supreme Court’s decision to restrict the use of Aadhaar, India’s biometric national ID program, to government…

BioCatch Lays Out PSD2’s Open Banking Security Issue

BioCatch Lays Out PSD2’s Open Banking Security Issue

While it’s undoubtedly seen as a regulatory obstacle by many organizations, the European Union’s PSD2 is helping to pave the way for open banking, requiring financial institutions to allow Third-party Payments Providers, or TPPs, to interface with them via APIs. This represents an opportunity to foster greater fluidity and convenience in banking for consumers, but…

BehavioSec VP to Speak at FS-ISAC Fall Summit

BehavioSec VP to Speak at FS-ISAC Fall Summit

A senior BehavioSec executive will deliver a talk at this year’s FS-ISAC Fall Summit, the company has announced. An acronym for “Financial Services Information Sharing and Analysis Center”, the FS-ISAC Fall Summit is aimed at fostering the sharing of intelligence on digital and physical security threats facing the financial services sector. So given the considerable…

FindBiometrics Webinar To Tackle FinTech & What Happened In Vegas

FindBiometrics Webinar To Tackle FinTech & What Happened In Vegas

“…while they say that what happens in Vegas stays in Vegas, that doesn’t always strictly hold true.” With biometric technology playing an ever-expanding role in securing customers and service providers in the banking and financial services industry, many of the major players in biometrics converged in Las Vegas last week for this year’s US-based Money20/20…

[Money20/20] ID R&D President Alexey Khitrov on Voice Biometrics Breaking Out of the Call Center

[Money20/20] ID R&D President Alexey Khitrov on Voice Biometrics Breaking Out of the Call Center

FindBiometrics reported live from Money20/20 in Las Vegas this week, where a strong sense of collaboration energized the substantial biometrics presence. Among the week’s major partnership announcements one stood out as particularly enlightening: voice and behavioral biometrics company ID R&D revealed that it is providing the voice recognition tech behind the PhiVox component of FacePhi’s…

Financial Biometrics Month: Checking the Pulse of Biometric FinTech at Money20/20

Financial Biometrics Month: Checking the Pulse of Biometric FinTech at Money20/20

Money20/20 USA brought the biometrics industry to Las Vegas this week, where digital ID and strong authentication were so integral to the conversations, panels and exhibitions that it truly felt like an important milestone in identity. For years, FindBiometrics has been helping to facilitate the biometrics presence at the Money20/20 conference, so it always serves…

[Money20/20] MicroStrategy VP James Letsky On the Value of Mobile Data

[Money20/20] MicroStrategy VP James Letsky On the Value of Mobile Data

MicroStrategy established itself as an important player in the mobile security revolution a couple of years ago with the launch of its Usher platform. Essentially designed to turn a user’s mobile device into a security credential through the use of NFC, Bluetooth, and QR code technology, it also supported the use of biometrics for extra-secure…

[Money20/20] Daon’s Conor White On the Expansion of IdentityX

[Money20/20] Daon’s Conor White On the Expansion of IdentityX

It would have been quite a shock not to find Daon at this year’s Money20/20 event in Las Vegas. The company has been a leader of the mobile biometrics revolution in financial services, with its pioneering IdentityX platform having been embraced by numerous banks and other financial services providers thanks to its support for multimodal…

Customer Experience Consultancy Avtex Embraces Daon’s IdentityX

Customer Experience Consultancy Avtex Embraces Daon’s IdentityX

Another partnership is poised to further extend Daon‘s presence in the financial services industry. The company has teamed up with Avtex, a US-based customer experience consultancy. Avtex stakes claim to being the the world’s biggest provider of customer experience platforms from Genesys. The company is also a Microsoft Inner Circle Partner for Dynamics CRM and Power…

Expert Panel Makes Clear Why Biometrics Are Leading the Revolution at Money20/20

Expert Panel Makes Clear Why Biometrics Are Leading the Revolution at Money20/20

If there’s one exciting trend in payments right now, it’s the rise of biometrics, and so it was no surprise to see “Digital Identity & Biometrics” emerge as one of the four central themes of the opening day of this year’s Money20/20 event in Las Vegas. And an expert panel comprising representatives of some of…

BioConnect Delivers Multimodal Security System for Major Canadian Bank

BioConnect Delivers Multimodal Security System for Major Canadian Bank

“We are very excited to be collaborating with both BMO and IBM Canada to leverage the latest available biometric technology into a simple, secure authentication solution for end-users.” – Jeff Crews, Chief Customer Officer, BioConnect One of Canada’s biggest banks is bringing biometric mobile authentication to its commercial and corporate clients thanks to BioConnect technology. Bank…

Money20/20 Kicks Off with Talk on Huge Potential of Self-Sovereign Identity

Money20/20 Kicks Off with Talk on Huge Potential of Self-Sovereign Identity

Money20/20’s “Digital Identity & Biometrics” track kicked off Sunday on an ambitious note, with Purple Tornado’s Heather Vescent introducing attendees to the concept of Self-Sovereign Identity. Vescent is the co-author, together with Kaliya Young, co-founder of the Internet Identity Workshop and the Personal Data Ecosystem Consortium, of the recent report, “Your Guide to Self Sovereign Identity“.…

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