From spring 2022 onwards, Mercedes-Benz customers in the U.K. and Germany will be able to pay for goods and services by using their fingerprint in the car. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Credit Libanais, a Lebanese bank, will test a biometric payment card that will enable users to authorize contact-free payments by scanning their thumbprint, according to a Monday (Oct. 25) report from NFCW. The cards will be based on Zwipe’s Pay One technology. Get the Full...
Digital bank Mashreq NEO, based in the United Arab Emirates, is letting residents open bank accounts with facial recognition technology, the Khaleej Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Businesses around the world are going through a digital transformation to build more efficient digital channels. But in doing so, they are potentially exposing themselves to new risks of fraud. As professional cybercriminals adapt to catch up with the best fraud detection models, businesses have...
VTB and the Moscow Metro are rolling out a new program that allows metro riders to pay their fares using biometric data at all stations in October using the Face Pay system, which allows customers to travel with facial recognition technology and high processing volumes....
Swedish biometrics company Fingerprint Cards (Fingerprints) and Indian smart card manufacturer Seshaasai have partnered to bring contactless biometric payment cards to the Indian market, according to a Friday (Aug. 27) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
PYMNTS’ June 2021 study, Selfie ID: Consumers and the Use of Facial Biometrics to Secure Digital Commerce, a collaboration with Onfido, surveyed nearly 2,600 U.S. consumers in Q2 2021 on their feelings about using smartphone selfies to identify themselves, as well as the level of...
Boston-based Transmit Security has raised $543 million in venture funding, giving the cybersecurity company a valuation of $2.2 billion. Transmit uses biometric authentication, as opposed to passwords, for its identity and risk management systems. Get the Full Story Complete the form to unlock this article...
Biometrics are poised to make the leap beyond airports, and to act as a passport to any number of environments where crowds gather in the post-COVID reopening. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...