Fiserv

Federal Credit Union Adopts Palm Vein Authentication, Care of Fiserv

Federal Credit Union Adopts Palm Vein Authentication, Care of Fiserv

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…

Consumers are Increasingly Open to Financial Services From Tech Companies: Fiserv

Consumers are Increasingly Open to Financial Services From Tech Companies: Fiserv

“…49 percent of respondents in Fiserv’s surveys said they would feel secure with biometric authentication in financial services.” Consumers are increasingly open to the idea of receiving financial services from tech companies, suggests new research from Fiserv, Inc. The findings come by way of Fiserv’s newly published “Expectations & Experiences: Channels and New Entrants” study,…

Biometrics Come To COMBANK Via Fiserv

Biometrics Come To COMBANK Via Fiserv

Commercial Bank of Ceylon (or ‘COMBANK’), a major Sri Lankan bank, is about to get an IT upgrade from Fiserv, the latter has announced. The bank will implement Fiserv’s DigitalAccess platform. The new digital banking solution will support multiple local languages including Sinhala, Tamil, Bengali, and Divehi. As for functionality, it will allow customers to…

PyraMax Bank Customers to Authenticate with the Wave of a Hand

PyraMax Bank Customers to Authenticate with the Wave of a Hand

Greenfield, Wisconsin-based PyraMax Bank is ready to embrace biometric customer authentication with the help of FinTech consultancy Fiserv. It’s part of a larger collaboration between the organizations, with PyraMax having selected Fiserv to upgrade its retail banking with its DNA account processing platform. Along with DNA, Fiserv will bring to the table its Verifast: Palm…

Georgia FinTech Award Recognizes Palm Vein Scanning Solution

Georgia FinTech Award Recognizes Palm Vein Scanning Solution

“The system uses Fujitsu’s palm vein scanning technology to identify vascular patterns in a given subject and is based on near-infrared light, allowing for a secure and non-intrusive means of biometric authentication.” Fiserv, a FinTech specialist, has won the inaugural Technology Association of Georgia (TAG) FinTech ADVANCE Award. The award was bestowed to the company…