As banking becomes more digital, more financial institutions are turning to technological solutions to bring more customers on board. Several banks are rolling out banking solutions that are specifically focused on winning over millennial customers as they come of age and join the marketplace as...
Advent International is reportedly the lead bidder for Morpho, the biometrics unit of Safran SA. According to a report by Bloomberg, which cited people familiar with the matter, Advent International, which also owns security software company Oberthur Technologies, made a $2.7 billion bid for the company, putting...
Companies that specialize in the use of biometrics, particularly fingerprints, are employing the security technology to work in a variety of new use cases. Fingerprint Cards (FPC), a Sweden-based biometric smartcard technology provider, told Reuters its sector will become the fastest-growing market as early as...
While Alibaba hasn’t launched its “smile to pay” mobile payments service — which effectively turns a selfie into a payment authentication tool — the startup behind the facial recognition technology that would power that service has raised $25 million. Face++, the Chinese startup, is the company...
March 14, 2017
Can new technology bring new customers into the digital banking fold? For the March Digital Banking Tracker™, PYMNTS spoke with Narendranath Mishra, head of agricultural and inclusive banking for DCB Bank in Mumbai, India, who discussed how iris scan technology is bringing more customers into India’s banking ecosystem. Plus, the latest trends and a directory of more than 150 providers inside this month’s Tracker.
March 13, 2017
As banking becomes more digital, more financial institutions are turning to technological solutions to bring more customers on board. Several banks are rolling out banking solutions that are specifically focused...
September 23, 2016
Advent International is reportedly the lead bidder for Morpho, the biometrics unit of Safran SA. According to a report by Bloomberg, which cited people familiar with the matter, Advent International, which also owns security software company Oberthur Technologies, made a $2.7 billion bid for the company, putting it in first place to acquire it. The bid is […]
April 15, 2016
Companies that specialize in the use of biometrics, particularly fingerprints, are employing the security technology to work in a variety of new use cases. Fingerprint Cards (FPC), a Sweden-based biometric...
May 18, 2015
While Alibaba hasn’t launched its “smile to pay” mobile payments service — which effectively turns a selfie into a payment authentication tool — the startup behind the facial recognition technology that...
February 17, 2015
Microsoft has been building better alternatives to passwords into its forthcoming version of Windows, including support for two-factor authentication and biometrics. Now the company is joining forces with the Fast...
