Tag: Biometrics

Capital and Risk, Operational

How can banks protect the new breed of fraud victims?

August 1, 2022

Via: FinTech Futures

Long gone are the days of going into a branch for our everyday banking needs, with everything from online banking and buy now, pay later (BNPL) services to cashless and contactless payments soaring in popularity. Last year alone, 93% of […]


Bank of America invests in UK paytech Banked, launches new online payment solution

February 15, 2022

Via: FinTech Futures

Currently only available in the UK, BofA says it has plans to roll-out the e-commerce solution to other countries and regions in the near future. BofA’s co-head of global corporate sales, head of GTS sales and head of GTS EMEA, […]

Capital and Risk, Operational

Fintechs will be at the heart of the next wave of security wars

July 27, 2021

Via: FinTech Futures

Today, UK fintechs make up 10% of global market share, are collectively worth more than £11 billion in annual revenue, and earned more investment than the next five biggest European countries combined. Seeking to capitalise on this staggering growth, the […]

Capital and Risk, Operational, Regulations

UK government unveils digital identity plans based on wallet tech

February 17, 2021

Via: FinTech Futures

Conservative MP and minister for digital infrastructure, Matt Warman, led the policy paper and calls it “a first stage industry prototype”. He also cites Canada, Australia, Sweden and New Zealand – countries taking similar approaches to digital identity as the […]

Capital and Risk, Operational, Retail Banking

2018 is The Year Mastercard Will Make Biometrics ‘Impactful’

December 21, 2017

Via: Bank Innovation

EXCLUSIVE—Biometrics have been a fintech buzzword for a while now, but 2018 is where companies like Mastercard are going to start the real work. That means focusing on the smaller details and the platforms that will actively bring the technology […]


Mastercard and Oxford University plan helps banks breathe life into biometrics

June 14, 2017

Via: Banking Technology

With increasing global smartphone penetration and a willing consumer base, financial institutions recognise the potential of biometrics to offer more convenience and security to their customers – but a lack of familiarity with the still-new technology among top banking brass […]