There are over 8 billion people alive on earth, and their growing expectations around frictionless and secure digital experiences are continually transforming payments and commerce. Underpinning that is the emerging need for a digital identity layer. With the news that Google Wallet on Thursday (Sept....
India’s Airtel Payments Bank has added a biometric verification solution called Face Match to enhance the security of customer accounts. This solution uses facial recognition and liveliness checks to verify account users in cases in which the bank’s machine learning (ML) algorithms have detected potentially...
“Once somebody has your specific iris picture, you’ll never have the possibility to stay anonymous.” That’s Michael Will, head of Bavaria’s data regulator, speaking to The Wall Street Journal (WSJ) Sunday (Aug. 18) about concerns over Worldcoin’s iris-scanning technology. As that report noted, Germany is...
TaluCard plans to launch a physical biometric payment card and complementary app designed to provide an accessible and secure payment solution for users with visual impairments. Developed in collaboration with IDEX Biometrics and an unnamed London-based issuer, the card is expected to be introduced in...
J.P. Morgan Payments expanded its partnership with consumer authentication firm PopID. The collaboration offers in-store biometric payments to merchants in pilot programs across the United States, allowing shoppers to use a “pay-by-face” system without relying on their phones or credit cards, according to a Tuesday...
Worldline has formed a partnership with PayEye based around biometric, cashless payments. Per a report Thursday (July 25) from the website Biometric Update, the collaboration is designed to use biometrics to bolster security measures and reduce the risk of fraud and unauthorized transactions. As the report notes, PayEye’s offerings include...
Google is reportedly testing a facial recognition-based security system at one of its offices. The company is using the technology to spot unauthorized visitors and keep them from entering the office, CNBC reported Wednesday (June 26). “For many years our security team has been testing...
Identity verification provider iProov says its biometric tool has achieved a notable milestone. The science powering that tool, iProov’s Dynamic Liveness Solution, is the first to receive the new global certification on face biometric identity verification from industry association the FIDO Alliance, iProov said in a Thursday (June 6)...
Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) said in a Wednesday (May 22) press release that it has directed the organization to stop scanning and collecting iris...
