• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Log In
  • Member Registeration
  • Account
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

FindBiometrics

FindBiometrics

Global Identity Management

  • Biometrics
    • What are Biometrics?
    • FAQ
    • Biometric Associations
    • Companies
    • Premier Partners
  • News
    • Featured Articles
    • Interviews
    • Thought Leadership
    • Podcasts
    • Webinars
    • Year in Review
  • Applications
    • Biometric Security
    • Border Control and Airport Biometrics
    • Consumer and Residential Biometrics
    • Financial Biometrics
    • Fingerprint & Biometric Locks
    • Healthcare Biometrics
    • Justice and Law Enforcement Biometrics
    • Logical Access Control Biometrics
    • Mobile Biometrics
    • Other Biometric Applications
    • Physical Access Control Biometrics
    • Biometric Time and Attendance
  • Solutions
    • Behavioral Biometrics
    • Biometric Sensors and Detectors
    • Facial Recognition
    • Biometric Fingerprint Readers
    • Hand Readers & Finger Scanners
    • Iris Recognition
    • Biometric Middleware and Software
    • Multimodal Biometrics
    • Physiological Biometrics
    • Smart Cards
    • Vein Recognition
    • Voice and Speech Recognition
  • Stocks
  • Events
  • Companies
  • Podcasts

Keyo Announces Biometric Tech Compatible with Amazon’s Palm Scanning System

January 22, 2020

“We are beyond excited to be introducing this line of devices that will extend Amazon’s innovative work, from not only replacing your credit card, to replacing your keys, work badge, flight tickets, hotel reservations, drivers license and more – all with the wave of a hand.” – Jaxon Klein, Co-founder & CEO, Keyo

Keyo Announces Biometric Tech Compatible with Amazon's Palm Scanning System
(image via Keyo)

Keyo Inc. is celebrating the news that Amazon has been exploring the use of palm scanning technology in retail stores. With offices in Silicon Valley, Chicago, and Mexico, the startup has been developing palm recognition devices since 2015, and says its technology is compatible with Amazon’s ‘Hand Wave’ tech.

New details about Amazon’s efforts emerged this week, with the company reportedly exploring a system that would link retail store customers’ palm biometrics to their registered payment cards. This would allow them to make purchases without the need for a payment card, cash, or any other kind of hardware – a simple wave of the hand could be used to approve a transaction.

A report that Amazon was exploring such a payments system for its Whole Foods stores first surfaced last September, but the latest report suggests that the payment scheme could go far beyond its own retail operations. Amazon is said to be working with heavy hitters including Mastercard, Visa, JP Morgan Chase, Wells Fargo, and Synchrony on this new system.

For Keyo, that interest points to opportunities on the horizon. In a statement announcing its technology’s compatibility with Amazon’s system, the company noted that while Amazon has filed one patent pertaining to the technology in recent months, Keyo has filed seven. “Amazon is a relative newcomer to hand-based biometrics and the size and scale of the company could drastically increase interest and focus on this identity technology,” Keyo said.

The company adds that its palm scanning devices could be used not only for retail store transactions, but also for access control, airport screening, and even to replace driver’s licenses, among other applications.

–

January 22, 2020 – by Alex Perala

Related News

  • Amazon Brings Palm Payments to Whole Foods in SeattleAmazon Brings Palm Payments to Whole Foods in Seattle
  • More Details Emerge About Amazon’s Proposed Palm Payments SchemeMore Details Emerge About Amazon’s Proposed Palm Payments Scheme
  • Amazon Expands Palm Payment Service to Whole Foods in Austin, TexasAmazon Expands Palm Payment Service to Whole Foods in Austin, Texas
  • Amazon Unveils Naked Payments Terminal, with Biometric Access AmbitionsAmazon Unveils Naked Payments Terminal, with Biometric Access Ambitions
  • Amazon Could Bring Hand-Based Naked Payments to Whole Foods LocationsAmazon Could Bring Hand-Based Naked Payments to Whole Foods Locations
  • Amazon’s Biometric POS System Comes to PaneraAmazon’s Biometric POS System Comes to Panera

Filed Under: News Tagged With: Amazon, Biometric, biometric payments, biometrics, Keyo, naked payments, palm biometrics, palm scanning, payments technology, retail biometrics

Primary Sidebar

Watch This Finance-Focused On-Demand Webinar

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

TECH5 logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

HID logo

HID powers the trusted identities of the world’s people, places and things. Our trusted identity solutions give people convenient and secure access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people use HID products to navigate their everyday lives, and billions of things are connected through HID technology. https://www.hidglobal.com/

Prove Logo

As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with, and enable consumers. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments. https://www.prove.com/

Recent Posts

  • Download The 2023 Biometric Digital Identity Prism Report
  • Prism Placement Request Form
  • AI Update: Deepfake Disinformation Makes Its Electoral Debut
  • ID R&D Outperforms in NIST’s Passive Presentation Attack Detection Evaluation
  • Passkeys and Passive PAD – Identity News Digest

Biometric Associations

IBIA and fido

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 FindBiometrics