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Biometrics are the new weapons of war against online fraud and supporting financial services with biometric authentication and their KYC (Know Your Customer) procedures. There are many different areas where biometrics are being deployed. For example in digital identity; an alternative to user names and passwords; protecting against ID theft; account takeovers and multiple accounts. Mobile biometric authentication is helping to verify new and returning customers at the point of log-ins, payments and digital on-boarding.
Technology is evolving faster than ever, sprouting new business models and paving the way for the rise of fintech companies like Robinhood, PayPal and Coinbase. In addition to disruptions to traditi
Around 1.7bn people are unbanked according to the World Bank, down from 2.5bn only seven years ago. Considerable progress has been made in just a few years with innovations in fintech taking much of t...
The rapid global adoption of biometrics for identification and access management by organisations of all sizes clearly indicates they are here to stay. Yet, until 3D face authentication technology bec...
Reading an article of linking facial recognition systems to in-store payments made me think about where next for biometrics in payments in the real world[1]. Payments at the highest level is one entit...
Biometric payments are a way to verify identity, stop fraud and make payments frictionless. However, there are still many consumers that fail to get behind biometrics due to the personal nature of bio...
Biometric technology is advancing at a rapid pace. However, it can only be trusted in the real world as long as it is consistently and effectively secure. A glaring problem for the industry is that...
Biometrics boom No longer the preserve of the military and secret service, biometrics is one of the hottest and fastest growing sectors in the world. With the technology used across a variety of secto...
I work with many companies right across Europe who are starting to realise the direct and in-direct problems associated with password management. How many passwords do we have and how many of us have ...
Transaction processing for corporate banking operations are on a completely different scale to the retail-banking world in terms of both value and volume. The resultant revenues form one of the main ...