Search Results for: Biometrics
Fintech revenues might double to $2.4 bn by 2020
June 10th, 2016
Growing smartphone penetration, evolving e-commerce ecosystem and customer expectations to give the big push The market for financial technologies (fintech) software in this country is estimated to double to $2.4 billion by 2020 from around $1.2 bn at present. This would ...
BMO introduces MasterCard selfie payments for corporate cardholders
March 24th, 2016
Bank of Montreal (BMO) has teamed up with MasterCard to let Canadian and US corporate cardholders authenticate online payments with their fingerprints and selfies. The phased introduction will initially see BMO employees scan their fingerprints or snap selfies to ...
Santander Becomes First Uk Bank To Launch Voice Banking Technology
March 22nd, 2016
PHASE ONE WILL ENABLE CUSTOMERS TO TALK TO THEIR SANTANDER SMARTBANK APP AND ASK ABOUT THEIR CARD SPENDING Secure, simple to use, helps people easily keep track of their cash Eliminates the need to manually search through statements to ...
MWC 2016: Mastercard rolls out selfie ID checks
February 25th, 2016
Credit card firm Mastercard has confirmed it will accept selfie photos and fingerprints as an alternative to passwords when verifying IDs for online payments. It follows a trial of the software carried out in the US and Netherlands last ...
Visa Checkout Launching Across Europe and India
February 23rd, 2016
Merchants and Consumers in Six New Markets Can Take Advantage of Safe Easy Online Payments in Just a Few Clicks Visa Inc. (NYSE:V), announced that its leading online payment service, Visa Checkout, will be available to merchants and consumers ...
KPMG Forms Exclusive Alliance with Fintech Platform Matchi
August 31st, 2015
KPMG has issued a press release to inform that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from ...
Selfie Payments? Verifying Payments with Facial Recognition and Fingerprint Scans
August 19th, 2015
First Tech Federal Credit Union and MasterCard announce First U.S. Biomatric Payments Pilot First Tech Federal Credit Union announced a pilot program with MasterCard that will enable First Tech employees to authenticate and verify transactions using facial recognition and ...
Bnp Paribas: PAYING WITH A SELFIE
August 6th, 2015
MasterCard caused a stir a few weeks ago by announcing a September 2015 trial release of its new online payment method: the selfie. An initial group of 500 customers will test the system this autumn, in yet another show of creativity from the banking ...
MasterCard will approve purchases by scanning your face
July 3rd, 2015
This fall, MasterCard will start experimenting with a new program: approving online purchases with a facial scan. At checkout, you’ll be asked to hold up your phone and snap a photo. MasterCard‘s thinking? It’s easier than remembering a password. ...
Singapore pledges S$225m to fintech
July 2nd, 2015
Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech. Monetary Authority of Singapore (MAS) managing director Ravi Menon revealed the investment (around US$167 million) in ...
