Latest Biometrics News: Finextra Research

Nine in 10 Singaporeans interested in biometrics authentication and payments

Singaporeans are interested in using biometric methods to verify identity (97 per cent) and make payments (96 per cent), recognising that biometrics are faster, easier and more secure than traditional passwords, according to a recent Visa survey on biometric authentication for payments.

20 March 2018

News/Biometrics

BBVA tests 'invisible payments' technology at inhouse cafe

BBVA is testing a facial recognition system at its inhouse cafetaria that is capable of recognising users and their orders and charging their cards as part of a strategy to render checkouts and payments 'invisible'.

19 March 2018

Company update/Biometrics

Digital identity app Yoti joins FCA sandbox

Today, Yoti announced that it will be working within the FCA sandbox with Worry+Peace, an insurtech startup.

13 March 2018

Company update/Biometrics

BioCatch raises $30m

BioCatch, a global leader in behavioral biometrics, announced today that it has closed a $30 million financing round, cementing its growth plan and vision to redefine digital identity and enable renewed trust in online interactions.

12 March 2018

Company update/Biometrics

Nuance adds to voice authentication suite

Nuance Communications, Inc. (NASDAQ: NUAN) today announced the next generation of Security Suite, a state-of-the-art biometric security solution for fraud prevention and authentication, and a key advancement to the Nuance Omni-Channel Customer Engagement Platform. Leveraging third generation deep neural networks and advanced AI algorithms, Nuance is pioneering significant fraud fighting technologies to detect anomalies in an interaction.

26 February 2018

News/Biometrics

Banco Sabadell startup fund invests in voice biometrics firm

InnoCapital the corporate venture vehicle of Banco Sabadell's InnoCell digital hub has led a EUR1 million investment round in voice authentication startup Biometric Vox.

23 February 2018

Company update/Biometrics

Biometric authentication startup SmilePass opens for business

Today marks the launch of SmilePass, the leader in a new category of ‘biometrics authentication as a service’ for insurers and financial services providers.

22 February 2018

Company update/Biometrics

Russian banks demo beta version of Unified Biometrics System

Rostelecom, together with Tinkoff Bank, VTB Bank and Pochta Bank, has presented a beta version of its Unified Biometrics System (“UBS”), a digital platform developed at the request of the Ministry of Communications and Mass Media and the Bank of Russia.

19 February 2018

Company update/Biometrics

BME innovation dvision to apply voice recognition for contract signing

BME Inntech, BME's technology subsidiary, and Nuance Communications have reached a strategic agreement to apply its voice biometrics authentication technology to the signing of contracts and client incorporation processes.

14 February 2018

News/Biometrics

OCBC Bank scans customer faces for personalised service at the branch

OCBC Bank is introducing facial recognition at its branches to identity high-rolling customers as they approach the service desks.

14 February 2018

News/Biometrics

Russia's Tinkoff Bank opens development hub

Russian digital bank Tinkoff has opened a development hub at a major Moscow innovation centre where a team of staffers will work on areas such as blockchain and biometrics.

09 February 2018

Company update/Biometrics

NCR unveils small footprint-ATMs for India's remote locations

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today unveiled its SelfServ Select Edition (SE) Cash and SE Recycle ATMs, that will help financial institutions (FIs) to expand their reach and serve the more than 19% unbanked population in India.

08 February 2018

News/Biometrics

Nordea to use biometrics to protect customer data assets

Nordea is implementing biometric authentication from Veridium for employees handling confidential customer data.

07 February 2018

Company update/Biometrics

Nuance hits voice biometric milestones

Nuance Communications, Inc. (NASDAQ: NUAN) today announced that its voice biometrics solution has hit a milestone for adoption of its authentication and fraud-prevention platform that is unsurpassed in the industry with over 300 million consumers making more than five billion successful voice authentications yearly using Nuance biometrics technology.

31 January 2018

Company update/Biometrics

Canada to test biometrics and blockchain for international travellers

The Government of Canada will collaborate with the World Economic Forum and partners to test emerging digital technologies and their application to air travel.

31 January 2018

News/Biometrics

Western Union opens Indian tech centre

Western Union has opened a technology centre in Pune, India, employing more than 1000 staffers working on areas such as robotics, machine learning and biometrics.

30 January 2018

Company update/Biometrics

Pindrop unveils deep voice machine learning tech

Pindrop, the pioneer in voice security and authentication, today announced their proprietary Deep VoiceTM biometric engine, which utilizes the latest deep neural network technology for speaker recognition, to passively identify legitimate and fraudulent callers, solely by voice.

25 January 2018

Company update/Biometrics

VSoft embraces biometrics for Arya digital banking platform

Arya, an intelligent, open architecture digital services platform for both personal and business account holders, today announced the addition of fingerprint authentication for mobile devices and facial recognition for iPhone users to its fully integrated digital banking platform.

23 January 2018

News/Biometrics

Mastercard makes European biometrics push for online payments

From next April, online shoppers across Europe will be able to use biometrics, such as fingerprints or facial recognition, to identify themselves at the checkout when they pay with Mastercard.

23 January 2018

Company update/Biometrics

Visa and Fingerprints team with Mountain America Credit Union on biometric payment cards

Fingerprints today announced that its touch sensor is being used in the first US-based pilot of a new dual-interface (chip- and contactless-enabled) payment card with Mountain America Credit Union.

15 January 2018