PYMNTS-MonitorEdge-May-2024

biometrics

Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
Sam Altman Reiterates Support for Worldcoin as It Seeks Funding 
December 15, 2023  |  Investments

Sam Altman, the CEO of OpenAI, has reportedly reiterated his support of the cryptocurrency project Worldcoin, saying that in a world increasingly influenced by artificial intelligence (AI),...

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Automated Food Preparation Expands Amid Consumer Concerns
Automated Food Preparation Expands Amid Consumer Concerns
December 13, 2023  |  ResTech

Autonomous restaurants are increasingly appearing throughout North America, with several new entrants into the space in the past couple of weeks alone, despite consumers’ hesitations....

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Apple Beta Tests Stolen Device Protection Setting for iPhone
Apple Beta Tests Stolen Device Protection Setting for iPhone
December 12, 2023  |  Apple

Apple is reportedly beta testing a new feature called Stolen Device Protection that is designed to safeguard users whose iPhone has been stolen. The new...

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Accura Scan Unveils Suite of Identity Verification Products
Accura Scan Unveils Suite of Identity Verification Products
December 11, 2023  |  Authentication

Accura Scan, a provider of digital know your customer (KYC) and user verification solutions, has unveiled a suite of identity verification products for American banks...

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Face-Scanning Technology Becomes Focus of EU’s AI Act Negotiations 
Face-Scanning Technology Becomes Focus of EU’s AI Act Negotiations 
December 08, 2023  |  Artificial Intelligence

European Union (EU) negotiators are reportedly engaged in discussions to establish the most comprehensive regulation of artificial intelligence (AI) in the western world.  After a marathon...

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Why Lifecycle Management Matters When Fighting Payments Fraud
Why Lifecycle Management Matters When Fighting Payments Fraud
December 07, 2023  |  Security & Fraud

Brian Holbrook, director of product strategy at LSEG Risk Intelligence, told PYMNTS in an interview that financial institutions (FIs) are going to have to gird...

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Experian and NeuroID Team to Fight Fraud Amid Surge in Sophisticated Financial Crime
Experian and NeuroID Team to Fight Fraud Amid Surge in Sophisticated Financial Crime
December 05, 2023  |  Fraud Prevention

In a bid to tackle the rising threat of fraud, global information services company Experian has partnered with behavioral analytics firm NeuroID to enhance its...

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Consumers Embrace Facial Biometrics as Lawmakers Raise Fresh Privacy Concerns
Consumers Embrace Facial Biometrics as Lawmakers Raise Fresh Privacy Concerns
December 04, 2023  |  Biometrics

As biometric authentication, and notably facial recognition technology, continues its rapid advancement, heightened concerns about privacy and ethical implications have reignited global discourse.  This conversation...

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FortressPay Launches Enterprise-Ready Biometric Payment Platform
FortressPay Launches Enterprise-Ready Biometric Payment Platform
December 01, 2023  |  Biometrics

FortressPay launched an enterprise-ready biometric payment platform. With its new Payment Identity platform, FortressPay aims to provide a frictionless customer experience while eliminating payment fraud,...

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