People are getting more used to logging into their favorite apps on their smartphones using facial recognition or their fingerprints. This includes using Apple Pay, Google Pay and other payment platforms for their online purchases. Nearly half of online shoppers in the U.S. use some...
In a digital landscape increasingly defined by the surge of online and mobile shopping, consumer demand for flexible, secure and convenient ways to authenticate transactions is at an all-time high. Enter biometric authentication — a game-changing technology revolutionizing how transactions are verified using unique physical...
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 gained momentum when China introduced draft regulations this summer, aimed at imposing limitations on facial recognition. Following suit, the United States has...
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, the global FinTech company said in a Friday (Dec. 1) press release. “People use a selfie to unlock their phones...
Biometric authentication methods have expanded into multiple applications in recent years, from online payments to mobile devices to banking transactions or facial identification for security. Nearly half of online shoppers in the United States already use biometric authentication methods for purchasing online, and around 15%...
Amazon is bringing its palm-based identity service to the world of corporate security. Amazon Web Services (AWS) announced Monday (Nov. 27) the debut of Amazon One Enterprise, a contactless security tool designed to grant entry to places like offices, airports, hotels and educational facilities. “Today, organizations authenticate employees...
IDEX Biometrics has received an initial order for IDEX Pay, its biometric solution designed for metal cards, from a smart card manufacturing partner in Asia. The partner, who was not identified in the release, will deploy biometric metal payment cards for its bank clients worldwide,...
The realm of payments authentication is undergoing a shift. In today’s digital era, where convenience meets security and organizations and individuals alike no longer need to make a trade-off between the two, legacy methods of authentication are increasingly giving way to a more intuitive, seamless...
Mastercard has teamed with NEC to bring biometric checkout to the Asia Pacific region. The partnership, announced Tuesday (Nov. 14), combines NEC’s facial recognition and liveness verification technology with Mastercard’s payment operations, and comes as consumers and businesses are increasingly embracing biometrics. “As retailing environments continue to evolve and choices...
