Thursday 27 October 2016 | RSS


    BMO Financial Group

    News stories featuring BMO Financial Group:

    Mastercard to roll out biometric ID service in North America

    October 25th, 2016

    Mastercard will launch its biometric identity verification system across North America in the first half of 2017, with Canadian bank BMO Financial Group the first to offer the service to its corporate customers. Identity Check Mobile was soft launched earlier this year, and uses fingerprint and facial recognition to verify a cardholder’s identity. “Moving this technology beyond the pilot phase is a significant milestone in the evolution of payments,” says Ajay Bhalla from Mastercard. The service was rolled out in 12 European countries earlier this month.

    Apple Pay expands to MasterCard, Visa and five key banks in Canada

    May 10th, 2016

    Canadian consumers can now add their MasterCard and Visa credit cards as well as their Interac debit cards to Apple Pay after the mobile payments service launched in the country with support from American Express alone in November 2015. Five banks have also announced their support for Apple Pay, including two of the country’s largest — Royal Bank of Canada and BMO Financial Group. More

    BMO to offer ‘selfie pay’ biometric verification technology to customers

    March 24th, 2016

    Canadian financial services provider BMO Financial Group is to enable its customers to use MasterCard’s Identity Check mobile app to verify their online transactions via face recognition and fingerprint biometrics. In the first phase of the… More

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