PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Matchmove Unveils Facial Biometric Verification for Identity Authentication

By PaymentsJournal
May 3, 2018
in Press Releases
0
6
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
MatchMove logo

MatchMove logo

Singapore, 3 May 2018 – MatchMove, one of the world’s fastest growing and most disruptive fintech companies, today unveiled the latest feature in its proprietary Banking Wallet OSTM using facial biometric technology to instantly verify user identity. By seamlessly incorporating biometric verification, Optical Character Recognition (OCR) and document authentication into the user sign-up process, MatchMove’s payments platform provides a less intrusive and highly responsive user onboarding experience. Clients who use MatchMove’s proprietary Banking Wallet OSTM to give their users co-branded (physical and/or virtual) payment cards can expect this cutting-edge technology to enhance user experience and strengthen security and compliance checks for their digital payments. This announcement was made at Seamless Asia 2018, Asia’s largest digital payments conference for e-Commerce and Retail.

The latest facial biometric feature allows instant identity verification when onboarding new users. Users who sign up for MatchMove’s co-branded cards can use their smartphones to scan their ID cards, take real-time images of themselves (selfies) and have their identities verified at once. They can start using the cards to shop and pay online or at stores, make P2P transfers, send remittances, as well as receive customized promotions, all on a single platform. The new technology provides a seamless end-user journey and a frictionless payments experience. It also helps businesses reduce onboarding costs while remaining fully compliant, increase customer conversions and prevent fraud.

MatchMove’s facial biometric technology complies with Singapore’s Know-Your-Customer (KYC) and Anti Money Laundering (AML) regulations without sacrificing the user experience.Ashley Koh, Senior Vice President and GM at MatchMove, said: “In today’s app world, customers and businesses are impatient to find good payments solutions while cybercriminals are proliferating and regulators are demanding more stringent checks. As an innovative digital payments solutions provider to enable facial biometric technology, we are well ahead of the curve to embrace a seamless user onboarding experience. We will continue to innovate and fulfill our mission of improving the quality of lives as we expand our footprint to become the world’s largest and safest mover of digital money.”

MatchMove is the premium sponsor at Seamless Asia 2018. Visit MatchMove at Booth F28 to find out more about the company and its proprietary Banking Wallet OSTM.

6
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: AuthenticationBiometricsMatchMove

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    digital cards

    Beyond Plastic: Why Digital Cards Are the Future of Credit

    July 8, 2025
    What Premium Card Overhauls by Chase and Amex Reveal About the Credit Card Market

    What Premium Card Overhauls by Chase and Amex Reveal About the Credit Card Market

    July 7, 2025
    Rewire Acquires Imagen, Looking at Prepaid Cards for Migrant Workers

    Smells Like Team Spirit: What Makes Cobranded Credit Cards Work

    July 3, 2025
    uk banking outages

    New Continuous Strategies for Battling Account Takeovers

    July 2, 2025
    Fraud Monitoring

    What to Expect When Nacha’s Fraud Monitoring Rules Take Effect

    July 1, 2025
    payments

    Don’t Just React to What’s Next in Payments—Anticipate It

    June 30, 2025
    consumer debit

    As Payment Types Proliferate, Debit Cards Still Go Strong

    June 26, 2025
    Embedded Payments

    How Embedded Payments Is Optimizing the Expense Management Process

    June 25, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result