Tagged: biometrics

iProov and Eurostar Introduce Trial to Offer Contactless Travel at London St Pancras International

iProov, a provider of biometric face authentication tech, and Eurostar, the high-speed passenger rail service linking the United Kingdom with mainland Europe, have announced that their trial of a contactless fast-track service, SmartCheck, is currently live. SmartCheck enables passengers to “complete secure ticket verification and… Read More

How OARO is Capitalizing on Blockchain in Financial Services, Supply Chains and Identity Verification

The use of digital services has many applications in the world of finance, especially when you incorporate blockchain technology, and one of the companies using these technologies to benefit business is OARO. Founded in 2017, OARO is a Canadian company with offices in Halifax, N.S.,… Read More

Sift Acquires Passwordless Authentication Provider Keyless to Offer Regulated Firms and Merchants with Secure Authentication

Sift, the Digital Trust & Safety solution provider, has announced that it has acquired Keyless, a pioneer in passwordless and multi-factor authentication. Keyless’ zero-knowledge cryptography and privacy-preserving biometric authentication tech has been designed to eliminate account takeover (ATO) fraud because of “weak or stolen passwords,… Read More

Facial Recognition Solution Provider, VisionLabs, Introduces New Biometric Payment Hardware

VisionLabs, the facial recognition company, has announced the launch of its biometric payment hardware — the VisionLabs LUNA POS Terminal. The certified terminal is the first payment device to enable traditional credit card payments and biometric facial recognition payments. With six design and three utility… Read More

Visa Selects Callsign as Preferred Behavioral Biometric Digital and Device Intelligence Identity Provider

Visa (NYSE: V) has chosen Callsign as their preferred behavioral biometric digital and device intelligence identity provider. Under the agreement, Visa will be introducing Callsign’s behavioral biometric and device fingerprinting services to the Visa network of financial institutions, payment service providers, and merchants across Europe…. Read More

iComply Adds Paul Childerhose to Board

iComply Investor Services, a global compliance software provider, has appointed Paul Childerhose, a recognized leader in the Canadian regtech industry, to its advisory board. Childerhose has more than 20 years of experience in the Canadian financial services sector and serves on the board of the… Read More

Contactless Biometric Verification Services Added for Pakistan’s Digital Banking, Payments Sector

The National Database and Registration Authority (Nadra) in Pakistan has added contactless biometric verification services for the nation’s banking and payments sector, making the Asian nation one of the first in the world to introduce the tech on a State-wide level. As first reported by… Read More

Biometrics Firm Fingerprint Cards AB and Seshaasai, a Smart Card Producer, to Provide Contactless Payment Cards in India, APAC

Biometrics firm, Fingerprint Cards AB, and Seshaasai, an established smart card manufacturer in India with a strong APAC presence, have entered into an agreement “to develop, launch, market, and sell” contactless biometric payment cards in India and the wider APAC region, according to a release…. Read More

UK Regtech SmartSearch Introduces Service to Address Money Laundering Issues

UK-based anti-money laundering (AML) specialist SmartSearch has introduced a new service in order to address the problem of “dirty” cash being cleaned across the globe via various activities like acquiring property. Organized criminal organizations and fraudsters are responsible for around $2 trillion a year in… Read More

Bob Reid: CEO at Everest Explains How They Offer DeFi Services, Cross-Border Payments, ID Verification, Seamless Account Creation

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

Zwipe, ICPS Introduce Biometric Payment Card to Asian, African Banks

Biometric Fintech Zwipe and ICPS, an international card payment processor and card personalization bureau, together are bringing Zwipe Pay ONE-enabled biometric payment cards to African and Asian banks. They will be equipped with fingerprint sensors. Zwipe will contribute its biometric ISO contact plate module, passive… Read More

Polish Fraud Prevention Firm Nethone, which Uses Behavioral Biometrics to Combat Fraud, Secures $6.7M

Nethone, which has raised $6.7 million in capital, notes that its passive behavioral biometrics enables online or digital businesses to prevent more than 95% of account takeovers (ATO) – which are cyber threats or attacks that have been spreading across the globe at an alarming… Read More

Biometric Authentication Pension Solution Introduced by UK’s Crown Agents Bank, a Provider of Cross-border Payments

Crown Agents Bank reveals that it has introduced a biometric authentication pension solution, called EMpower Pensions. It offers secure, end-to-end pensions management, along with local and international pension payroll, from a unified, all-digital platform. EMpower Pensions aims to enhance the pensioner’s proof of life checking… Read More

Italy based Open Banking Fintech Fabrick Introduces API-enabled Solutions for Supporting Open Finance

Italy-based Fabrick, an Open Banking ecosystem, is introducing various API-powered solutions that aim to harness the power of Open Finance. Fabrick has developed two different solutions that are reportedly based on Mastercard APIs: InControl for Business and Identity Check Mobile (IDCM). They are used to… Read More

Digital Identity Verification: Prove to Acquire UnifyID to Enhance Multi-Factor User Authentication

The team at UnifyID has announced that they’re teaming up with Prove. The UnifyID team notes that ever since they began offering services, they knew or realized that they were only addressing a relatively small piece of the identity problem. They also mentioned that they… Read More

HSBC UK Reports that Biometric Verification with its Caller ID Program, Voice ID, Reduced Bank Fraud by 50%

HSBC‘s caller ID program Voice ID has reportedly managed to reduce telephone banking fraud by more than 50% during the past 12 months, indicating that biometric verification can be quite effective in fighting against bad actors. HSBC says that its voice biometrics system has helped… Read More

Software based Facial Recognition for Secure Digital Payments to be Used by 1.4B Consumers Worldwide by 2025: Report

A recent study released by Juniper Research, titled Mobile Payment Authentication: Biometrics, Regulation & Market Forecasts 2021-2025, reveals that the number of users using software-powered facial recognition to conduct secure digital payments will surpass 1.4 billion internationally within the next 5 years (up from only… Read More

Digital Banking Challenger 86 400 Receives Awards for Pay and Save Accts, Recently Partnered BioCatch to Enhance Fraud Protection

Digital banking challenger 86 400 reveals that it has received 3 awards from RateCity for its Pay and Save accounts, including the Best Bank Account for the product Pay Account, the Best Regular Savers Account for the product Save Account, and the Best Savings Account… Read More

Advanced Facial Biometrics Now Being Used by Singapore’s DBS Bank to Perform Data Authentication and Verification

Singapore-based DBS Bank Ltd (SGX:D05), a multinational banking and financial services corporation with over $330 billion in assets, is reportedly using facial biometrics for handling online corporate account opening processes for small businesses. This should help the bank with speeding up information authentication and verification…. Read More

Nasdaq listed Regtech NICE Actimize to Leverage Biometric Risk Screening Engine and Facial Recognition Tech from FACEPOINT

Nice Actimize, a NICE company (Nasdaq: NICE) business offering autonomous financial crime management solutions, has revealed that FACEPOINT, which introduced a biometric risk screening engine, has now joined the X-Sight Marketplace, bringing its facial recognition tech for Know-Your-Customer (KYC) and watch list risk screening to… Read More

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