Three years ago, if you’d asked air travelers if they’d be willing to offer up their biometric data in exchange for a more streamlined experience, less than half of them would have said yes — then, COVID happened. Since the pandemic, consumers have begun to...
iProov, the London-based online biometric face authentication firm, announced a $70 million investment from Sumeru Equity Partners on Thursday (Jan. 6). Headquartered in Silicon Valley, Sumeru said it invests in technology firms that they say have the potential to change the world. They are focused on assisting...
Canada’s privacy regulators have ordered Clearview AI, the New York-based facial recognition company, to comply with a previous directive to stop collecting images of residents and delete pictures it has gathered. The latest ruling comes on the heels of a finding last February following a...
Fraud may be on the rise, but the number of consumers using biometric authentication methods has not risen with it. Fewer than 10% of consumers use these methods, PYMNTS’ research has found, with customer preferences for accessing digital accounts closely tied to survey respondents’ ages....
As identity theft continues to rise in an increasingly digitally-connected world, government officials worldwide are turning to biometrics and mobile identification cards to combat an expensive and dangerous problem. Government-supported digital identification, such as digital driver’s licenses, are moving forward in countries like Malaysia and...
The payment technology company Zwipe is working with consumer finance firm Easy Pay and security print products firm KL HI-TECH Secure Print Limited to develop and launch biometric payment cards in the Indian market by next summer, following internal tests and external pilots. André Løvestam,...
Technology company Thales, FinTech Fiserv and payments giant Mastercard are rolling out biometric cards across Poland, with Bank Pocztowy being the financial institution to offer the futuristic payment and identification cards to their customers, according to a report by The Paypers Tuesday (Dec. 21). Bank...
With the emergence of the new omicron variant of COVID-19 leading to yet more panic across the globe, it’s clear the world will not be returning to normalcy anytime soon. Governments are still pushing vaccines as the only viable solution to ending the pandemic, all...
The French regulator CNIL (Conseil Nationale de l’Informatique et des Libertés) on Thursday (Dec. 16) issued an order against Clearview AI requesting that the company stop collecting and using images and personal data obtained through facial recognition and to delete this data. Clearview AI collects...
