Latest Biometrics News: Finextra Research

Alipay embeds payments into AR glasses

Alipay has integrated QR code payments into augmented reality glasses from Chinese outfit Rockid to enable users to pay for products instore by looking at the label.

17 June 2025

News/security

Mastercard achieves 49% e-commerce tokenisation across Europe in one year

A year after announcing its target of 100% e-commerce tokenisation across Europe, Mastercard reports it is almost halfway there.

04 June 2025

News/payments

Poland and Thailand set for palm payment rollouts

Fintech Autopay has rolled out a biometric palm-authentication payment system in Poland. Meanwhile, Chinese tech giant Tencent is eying Thailand as a launchpad for its own biometrics-based payments technology in Southeast Asia.

03 June 2025

News/startups

EBAday 2025: Authologic wins the Fintech Zone

EBAday 2025 hosted 16 pioneering startups to present their proof of concepts to a panel of judges in Paris, France.

28 May 2025

News/security

Cyber attacks keep me awake at night - HSBC UK boss

The boss of a UK high street bank has told a panel of politicians that the possibility of a cyber attack "keeps me awake at night".

21 May 2025

News/crime

Tackling fraud: Learn how to build smarter defences at NextGen Nordics

As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.

11 April 2025

News/ai

Sardine raises $70m for AI fraud platform

Sardine, an AI risk platform for fraud, compliance, and credit underwriting, has raised $70 million in a Series C funding round led by Activant Capital.

11 February 2025

News/payments

JP Morgan unveils biometric payment terminals

JP Morgan has unveiled two proprietary biometric-enabled in-store payment terminals that will be offered to retailers later this year.

14 January 2025

News/security

NAB sets five-year goal to phase out passwords

National Australia Bank says it expects to phase out passwords for internet banking within the next five years, replacing the security measure with passkeys and biometric recognition technology.

17 December 2024

News/payments

10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

13 December 2024

News/identity

AI power centres are fresh targets for hackers - Experian

Experian’s 12th annual Data Breach Industry Forecast includes five 2025 predictions for 2025 that show that global data breaches show no signs of slowing down.

04 December 2024

News/ai

Revolut preps AI assistant, ATMs and mortgages for 2025

Revolut has laid out its plans for 2025, including the introduction of an AI assistant, mortgages, ATMs, and a business credit product.

25 November 2024

News/security

Mastercard aims to kill passwords and manual card entry by 2030

Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030.

14 November 2024

News/security

Visa and Tencent bring palm payments to Singapore

Chinese tech conglomerate Tencent has teamed up with Visa to take its palm recognition technology for digital payments international, beginning with Singapore.

11 November 2024

News/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

21 October 2024

News/security

Banks in Singapore add facial verification to security toolkit

Banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to strengthen the digital token (DT) setup process for retail banking customers.

19 September 2024

News/security

Mastercard debuts Payment Passkeys in India

Mastercard is to debut its Payment Passkey service in India, bringing biometric authentication to online shopping.

29 August 2024

News/payments

JP Morgan preps more biometric payment pilots

JP Morgan is teaming up with vendor PopID to trial pay-by-face biometric payments with merchants across the US.

07 August 2024

News/ai

Finextra launches NextGen:AI, a new event defining AI's future in financial services

Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.

14 June 2024

News/payments

Mastercard brings biometric checkout programme to Europe

Poland is to become the European testing ground for a new biometric checkout programme from Mastercard, using a fusion of facial and iris recognition.

05 June 2024