FinTech

Jumio Provides Identity Verification for P2P Cryptocurrency Exchange

Jumio Provides Identity Verification for P2P Cryptocurrency Exchange

With Bitcoin, it can be difficult to know who’s on the other end of the transaction. Paxful is hoping to fix that problem through a new partnership with Jumio. The former is the world’s second largest peer-to-peer Bitcoin marketplace, and will be using Jumio’s identity verification services to raise the level of trust its users…

Eighth Argentinian Bank Signs On for FacePhi Biometric Authentication

Eighth Argentinian Bank Signs On for FacePhi Biometric Authentication

“The bank is taking advantage of two of FacePhi’s solutions: SelphID, its pioneering selfie-based authentication platform; and Look&Phi, a biometric solution that focuses specifically on the user’s eyes for authentication. “ FacePhi is consolidating its leading position in Argentina. The company has announced that it has a new partner in the country – Banco Supervielle,…

Zwipe Gets Another Biometric Payment Cards Partner

Zwipe Gets Another Biometric Payment Cards Partner

Zwipe has teamed up with Brazil-based Thomas Greg & Sons to develop a biometric payment card solution aimed at the latter’s domestic market. Based in Sao Bernando do Campo, Thomas Greg & Sons, or TGS, is active in a wide range of areas, including courier services, election solutions, surveillance, insurance, and card manufacturing. And the…

UAE-Based FutureCard Using FPC Tech for Biometric Payment Cards

UAE-Based FutureCard Using FPC Tech for Biometric Payment Cards

“We are pleased that FutureCard has selected our biometric technology, and to see our outstanding T-Shape and software platform in the hands of more and more customers around the world.” – Thomas Rex, SVP Business Line Smartcards, Fingerprints Fingerprints (FPC) has another new partner in the fast-emerging biometric payment cards market: United Arab Emirates-based FutureCard…

Tokenomica Turns to Blockpass for Identity Verification Services

Tokenomica Turns to Blockpass for Identity Verification Services

Tokenomica has announced that it will use Blockpass’s identity verification services to safeguard its Virtual Financial Asset (VFA) exchange and its token issuance platform. The Blockpass KYC Connect solution will make it easier for Tokenomica to onboard new customers for its crypto-exchange business. Based in Malta, Tokenomica is built on the Waves blockchain and curates…

Veridium is the Latest Biometrics Specialist to Join Mastercard Start Path

Veridium is the Latest Biometrics Specialist to Join Mastercard Start Path

Veridium has become the latest biometrics specialist to join Mastercard Start Path, the financial services giant’s startup accelerator program. It’s an impressive feat. Only about 40 startups are admitted to the program each year, and Veridium says it was part of an applicant pool of almost 2,000. Criteria for selection include demonstrated commercial traction, seed…

FPC Explains How Biometrics will Drive Contactless Payment Cards

FPC Explains How Biometrics will Drive Contactless Payment Cards

When it comes to convenience, there’s no debating the utility of contactless payment cards. It can be irritating to insert a card into a machine and type in a four-digit PIN every time you need to make a transaction, especially if you’re only buying a two-dollar cup of coffee. Unfortunately, the contactless process does have…

IDEX Amplifies Biometric Card Buzz at Money20/20 Asia

IDEX Amplifies Biometric Card Buzz at Money20/20 Asia

“In announcing its attendance at Money20/20 Asia, IDEX also noted that an Asia-based bank began trialing an IDEX-powered biometric payment card from Feitian toward the end of last year.” Money20/20 Asia has been underway in Singapore this week, and it’s an event that IDEX was sure to attend. And for good reason: IDEX has been…

NEXT Biometrics Teams with Card Display Specialist WizCard

NEXT Biometrics Teams with Card Display Specialist WizCard

“WizCard provides card manufacturers seamless integration of additional features into standard smart cards.” – Alain Faburel, Chief Sales and Marketing Officer, NEXT Biometrics NEXT Biometrics is teaming up with Taiwan-based WizCard to develop biometric smart card technologies, the companies have announced. The partnership will leverage each company’s respective strengths. NEXT Biometrics is, of course, a…

BioCatch: Behavioral Biometrics Can Prevent Fraud with Faster Payments

BioCatch: Behavioral Biometrics Can Prevent Fraud with Faster Payments

In its latest blog post, BioCatch has some words of advice for Payments Canada and other financial institutions that are upgrading their systems to support faster payments. The behavioral biometrics company argues that financial institutions need to be prepared with real-time fraud prevention strategies in order to head off an impending wave of financial crime.…

This Report Has Everything You Need to Know About Biometric Payment Cards

This Report Has Everything You Need to Know About Biometric Payment Cards

In the past couple of years, biometric payment cards have emerged as an exciting, potentially transformative new trend in the payments industry. However, new technology can still be intimidating, especially for organizations that don’t understand how biometric payment cards are supposed to work. That’s why the Secure Technology Alliance has released a report to educate…

UK Bank NatWest to Trial Gemalto’s Biometric Payment Card

UK Bank NatWest to Trial Gemalto’s Biometric Payment Card

“Participants in the pilot will need to register their biometrics at a physical bank branch, but NatWest says it’s exploring ways to enable remote biometric registration.” A major UK bank is about to become the latest to trial biometric payment card technology from Gemalto: NatWest has announced that it will pilot the technology with 200…

Financial Institutions Still Rely on Vulnerable Password Security: Report

Financial Institutions Still Rely on Vulnerable Password Security: Report

In recent years, more and more financial institutions have turned to biometric technology to improve security and customer service, incorporating solutions that range from voice banking software to facial recognition scans at ATMs. However, a new report from OneSpan suggests that it will take a considerable push to make the full transition to biometric authentication…

JCB Grabs Two CEPI Awards for its IDEMIA-Powered Biometric Card Solution

JCB Grabs Two CEPI Awards for its IDEMIA-Powered Biometric Card Solution

“Our F.CODE solution is recognized as a reliable security system based on biometrics.” JCB’s biometric cards received two prizes during the Cards and Electronic Payments International Asia (CEPI) Summit and Awards, taking home Best Security Initiative and Best NFC Security Initiative at the 5th annual conference at the end of 2018. The cards are based…

Apple Pay Now Has 383 Million Users: Loup Ventures

Apple Pay Now Has 383 Million Users: Loup Ventures

Apple’s biometrically secured digital payments platform continues to attract new users, according to a new analysis from Loup Ventures. The venture capital firm had estimated in August of last year that Apple Pay had attained 31 percent of active iPhone users; now, after assessing data points from Apple’s December 18th earnings call, the firm says…

Mobile Money Accounts Jumped 20% in 2018: GSMA

Mobile Money Accounts Jumped 20% in 2018: GSMA

Money is going mobile in a big way, suggests a new report issued by the GSMA on the occasion of this year’s Mobile World Congress. Among the notable findings in the mobile alliance’s new “State of the Industry Report on Mobile Money” is the news that at the end of 2018, there were over 866…

Star Bank Teams with ENACOMM to Bring Voice Banking to Minnesota

Star Bank Teams with ENACOMM to Bring Voice Banking to Minnesota

ENACOMM is bringing Voice Banking to Central Minnesota. The company has announced a new partnership with Star Bank, a family-owned, independent bank that is now upgrading its financial offerings. Star Bank has adopted ENACOMM’s Interactive Voice Response (IVR) system, allowing its customers to seamlessly access account information and perform secure transactions over the phone. “We…

OneSpan Launches AI-Driven ‘Risk Analytics’ Solution

OneSpan Launches AI-Driven ‘Risk Analytics’ Solution

OneSpan has launched a new Risk Analytics solution aimed at the financial services sector. It’s a cloud-based, open API platform that leverages AI to spot potential fraud attempts. Backed by machine learning, its AI system is designed to assess a range of metrics including device information, transaction data, and user behavior in order to deliver…

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