Biometrics

Until recently, biometric ATMs were very hard to find in developed markets other than Brazil, India and Japan.

As large banks put stronger fraud monitoring and authentication technology in place, fraudsters have been turning to small banks, like Kennebunk Bank on the coast of Maine. Here's how it fought back.

The JPM Coin will be used to expedite payments transfers for its corporate clients; customers of Spain’s largest retail bank will be able to withdraw cash without entering a PIN.

Biometric technology adoption is on the rise, meaning credit unions need to think about how to utilize this for both members and employees.

Apple has strived to portray Apple Pay as the trusted, go-to mobile payment option for its customer base, but the company's own security problems have undermined this effort.

While biometrics may not reduce payment friction, it does add another layer of consumer protection without producing a substantially adverse effect on convenience, according to Tom Saunders, customer data insights analyst at The ai Corporation (ai).

Those of us who have found ourselves in roles as stewards of the public trust in this sector are finding agreement in a variety of protocols that bridge even the stodgiest savings account with the coolest app-based e-wallet, writes Bryan Woods, president of Spend Inc.

The fingerprint biometric firm Zwipe raised approximately US$ 14 million (Norwegian Krone 120 million) in its latest Series B funding round.

Canada needs to embrace digital identification to "unlock the full potential" of banking and the economy, Canadian Bankers Association Chief Executive Officer Neil Parmenter said.

By adding device, cryptographic keys and behavioral ID, fake biometrics become harder for crooks to use, according to Bimal Gandhi, CEO of Uniken.