Tagged: biometrics

June 27, 2020 @ 2:23 pm By Omar Faridi  |  

France-based AI company ubble has acquired more than €10 million (appr. $11.2 million) in capital through a round led Breega and Partech and Breega. The funds raised will reportedly be used to develop ubble’s remote onine ID verification product which will include biometric facial recognition…. Read More

June 10, 2020 @ 8:42 pm By Omar Faridi  |  

Caixabank, a retail banking group in Spain, will be introducing facial recognition technology at 100 ATM locations across the country. The bank’s customers will be able to make withdrawals without having to enter their PIN codes. Facial recognition tech is also being used at the… Read More

June 5, 2020 @ 10:00 pm By Omar Faridi  |  

The digital asset and blockchain space is still in its infancy or early stages of development. There are many companies working on developing key infrastructure needed to support emerging cryptocurrency businesses. Cybersecurity, ID verification, AML/KYC processes, and even cryptocurrency-related insurance services are already being developed… Read More

June 3, 2020 @ 11:47 pm By Omar Faridi  |  

Private identity solution provider, Incognia, has introduced a location-based behavioral biometrics software product that aims to reduce or eliminate the growing rates of mobile fraud. According to a press release shared with CI, Incognia’s anti-fraud software development kit (SDK) and APIs aim to improve standard… Read More

October 13, 2019 @ 7:00 pm By Andrés Abumohor  |  

Financial technology (Fintech) companies are finding new ways to meet consumer demands and create more financial inclusion on a global scale. While Fintechs are on the rise, these companies still have to manage the same problems traditional financial institutions face: fraud. And while fraud permeates… Read More

June 19, 2019 @ 11:56 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday the launch of its new palm scanner. According to Wirecard, the new prototype will expand the company’s portfolio in the area of biometric payments and claims it will enable fast, convenient payments without any… Read More

February 12, 2019 @ 8:04 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced last week it has teamed up with Oney, the banking and financial arm of Auchan Retail Romania, to implement Well.com, a mobile app in Romania, which allows biometric authentication payment by fingerprint. According to Wirecard, Well.com allows users to… Read More

August 7, 2018 @ 10:52 am By Samantha Hurst  |  

CLEAR, a U.S.-based company that is using biometrics to build a connected, secure and frictionless world, announced on Tuesday three new initiatives in Seattle enabling fans of the Seahawks, Sounders FC, and Mariners to move through security quickly and to purchase concessions with the tap… Read More

December 22, 2015 @ 8:51 am By Erin Hobey  |  

Calling all Next Generation Payments, Blockchain, Data / Credit Analytics, Mobile VAS / Mobility, Cyber Security and Biometrics and Wealth Tech innovators and disruptors, start your applications in time for the 7 January 2016 deadline! Aiming to source six groundbreaking FinTech innovations to demo to multiple invited financial institutions (banks… Read More

November 6, 2015 @ 11:55 am By Erin Hobey  |  

Artificial intelligence, cryptography and biometrics were the winning fintechnologies at the London-region final of UBS’s Future of Finance Challenge, a start-up competition aimed at helping the bank source innovative fintech solutions, reported Financial News‘ Anna Irrena.  The competition is open to international entrepreneurs and startups with… Read More

September 23, 2013 @ 11:47 am By Charles Luzar  |  

Germany’s Chaos Computer Club is claiming victory in a contest to see who’d be the first to hack Apple’s Touch ID fingerprint scanning system. The system provides an extra layer of security for Apple’s new iPhone 5S and 5C. A crowdfunded bounty was offered for… Read More