ICYMI fintech funding round-up: January, Spade, Keyless and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Biometrics
News, intelligence and resources on the global fintech industry including biometrics.
JP Morgan and Mastercard’s new Pay-by-Bank solution goes live in the US
Verizon has revealed it will pilot the solution with its US customers “in the coming months”.
ID verification specialist Prove Identity bags $40m to fuel global expansion
The company currently counts more than 1,000 businesses as clients, including nine of the top ten banks in the USA.
Video: ComplyAdvantage at Sibos 2023 – Financial crime risk management
We chat with Andrew Davies of ComplyAdvantage about what’s shaping the financial crime landscape in banking.
American Express to pilot biometrics for online transactions
The biometrics have been developed by the FIDO Alliance and the World Wide Web Consortium.
GenAI: friend or foe in fraud risk management?
While tech advancements are made with the best intentions to improve our lives, criminals can also use it to their own benefit.
FinTech Futures: Top five stories of the week – 29 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Mercedes-Benz drives in-car fuel payments through new Mastercard partnership
Drivers will be able to complete refuelling payments via an in-car fingerprint scanner.
Onfido appoints Daniel Keller as chief technology officer
Keller joins Onfido from Europe’s Visable Group, where he served as CTO for over six years.
FinTech Founders Video: Deepak Jain, Wink
Deepak Jain shares what entrepreneurs need to have in place to make the whole ride of building a company easier.
Video: The top trends to watch in fintech
Three seasoned investors discuss which fintech trends the industry should be keeping an eye on.
Innovation at the intersection of money, AI, identity and blockchain
AI is proving to be an existential threat to identity. So how is the world responding?
The transformative impact of AI and its implications on the future workforce
The AI revolution is well and truly underway. But what does it mean for the future of workers?
Amazon set to roll out palm payment processing across all US Whole Foods stores
The Amazon One technology allows users to complete transactions using just their hand.
JP Morgan to pilot biometric payments in the US
If the pilot is successful, JP Morgan intends for a wider rollout to US merchants in 2024.
Don’t click this link: how authID aims to protect you from yourself
AuthID leverages the “human factor” to remediate today’s social engineering attacks, CEO Tom Thimot says.
The What the FinTech? podcast | Season three’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
Video: Socure at Money20/20 USA – Fighting synthetic identity fraud
We chat with Johnny Ayers, CEO of Socure, about how firms can tackle synthetic identity fraud.
From eID wallets to soulbound tokens: future-proofing digital identity
The next five to seven years will usher in a completely new era of digital IDs.
With tech giants going passwordless, will banks be ready to meet new consumer expectations?
With the rise of passkeys, Big Tech firms are paving the way for a passwordless future.
Video: Incode at Sibos 2022 – Identity verification and biometric authentication
We chat with Incode’s Jonathan Andresen about the importance of effective ID verification tech.
What do BLT and digital identity have in common?
Digital identity should be palatable and accessible for all businesses.
How can banks protect the new breed of fraud victims?
Advances in behavioural biometrics technology can help banks catch criminals before they strike.
Webinar: The future of payment protection – biometric authentication
How can businesses strengthen their fraud defences with biometric authentication.
Money 20/20 Europe: Digiseq connects the digital and physical world
At Money 20/20 Europe, FinTech Futures sat down with David Birch, chair of wearable payments disruptor Digiseq.
LexisNexis acquires anti-fraud behavioural biometrics firm BehavioSec
BehavioSec tracks mobile touchscreen signals to continuously authenticate identity and prevent fraud.
What the FinTech? | S.3 Episode 6 | Passwordless is more
In this episode, we’re joined by David Vergara, senior director of product marketing at OneSpan.
Banking Technology Magazine March 2022 issue out now
Cover story: HAVE A HEART – Injecting a little love into AI.
Banking Tech Awards 2022 now open for nominations
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
Five ID verification predictions for 2022
ID verification experts take a look at the top industry trends for 2022.
Digital ID verification start-up OCR Labs expands to North America with $30m funding
OCR Labs has raised $46 million through its combined Series A and B.
Bank of America invests in UK paytech Banked, launches new online payment solution
BofA says the Pay by Bank solution is “part of our continual cycle of technology investment”.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Biometric authentication specialist iProov secures $70m investment
iProov has received $70 million growth investment from Sumeru Equity Partners.
From viral fun to financial fraud: How deepfake technology is threatening financial services
As deepfake technology becomes more prolific, the threat posed to financial services is becoming very real.
Biometric bias in the transgender and non-binary community
Organisations have a responsibility to recognise bias in their technologies and work to adapt models.
How identity fraud is costing fintechs millions each year
With fraud rates on the rise, fintechs need to take cybersecurity seriously.
The cyber-resilience shortfall: are banks underprepared for a data breach?
Banks should look to bolster their cyber-resilience to prepare for and react to potentially costly data breaches.
How can identity security help solve the compliance conundrum?
Evolving tech has led to a growing number of cyber threats for FIs, as well as more compliance requirements.
CBDCs are now a reality: digital payments security needs to catch up
The potential benefits of CBDCs will only be realised if consumers trust the technology.
