Solutions
The banking and payment systems industry faces mounting challenges in a digital-first world. Rising fraud, identity theft, and cybersecurity threats—coupled with a 17% increase in data breaches reported by Statista in 2019—demand robust security that traditional methods like PINs and passwords can’t deliver.
Customers expect seamless, convenient experiences, while regulatory pressures (e.g., KYC, AML, GDPR) require stringent compliance. As financial institutions digitize, the need for secure onboarding, frictionless transactions, and insider fraud prevention has never been greater. Qube Bio’s biometric solutions meet these demands head-on, transforming how banks and payment providers operate.
To combat rising fraud and ensure secure transactions, banks and payment providers increasingly turn to biometric authentication software and hardware. This technology effectively prevents unauthorized access and identity theft, critical in an industry where trust is paramount. Moving forward, you can expect financial institutions to have the following demands:
Qube Bio delivers advanced biometric technology—palm vein, facial, and fingerprint recognition—to secure and streamline banking and payment systems. Key features include:
Biometric adoption is surging—projected to grow from $34.5 billion in 2023 to $115 billion by 2030—as banks replace outdated systems with secure, user-friendly alternatives. Our solutions reduce fraud (44% of accounts compromised per ACI Worldwide), cut operational costs, and boost financial inclusion by enabling access for those without traditional credentials.
Whether it’s securing transactions, tracking audit trails, or speeding up account openings, Qube Bio empowers banks to stay competitive and trusted.
Qube Bio’s biometric solutions are reshaping banking and payment systems, delivering security, efficiency, and trust in practical, everyday applications:
From rural banking access to high-volume urban payments, our technology adapts to diverse needs, driving financial inclusion and customer satisfaction.
With over a decade of biometric expertise, Qube Bio is your partner in navigating the evolving banking landscape. We push innovation boundaries, delivering reliable, privacy-first solutions that safeguard your customers and operations. Our team offers unwavering support—customizing systems, integrating with your infrastructure, and ensuring compliance—so you can focus on growth and trust. Contact us today to transform your banking and payment systems with Qube Bio’s cutting-edge biometrics.
