Everyone wants to keep their money secure, and everyone wants easy access to it. That in itself has long been a bit of a dilemma, and it has only intensified with the digital revolution that has converted physical money into ones and zeros around the world. So it’s no wonder that biometric technologies, with their…
Biometrics News – Multimodal Biometrics Muxi and Fortress Identity have teamed up to create a new naked payments solution that blends face and voice recognition technology. Dubbed muxiPAY, the platform identifies the customer with a facial recognition scan as they approach the checkout counter, and then asks them to say a passphrase out loud to…
“We’re excited to be working with the Mets, Aramark, and Mashgin to reimagine the concessions experience so fans get what they want quickly and easily and get back to their seats without missing any of the action on the field.” – Ed O’Brien, Head of Sports, CLEAR CLEAR has brought its biometric naked payments technology…
The Chinese city of Shenzhen is moving forward with plans for a naked payments scheme that will allow commuters to buy tickets with a facial recognition scan. The system is still in an early phase of deployment, and is currently available only to passengers over the age of 60. Those passengers are rewarded with free…
Amazon is reportedly experimenting with a hand-based biometric payments scheme that could be introduced at select Whole Foods locations as early as next year. The news comes courtesy of the New York Post, which cites sources working at Amazon’s New York City offices. According to those sources, the new solution (which has been codenamed Orville)…
Virginia Tech has become the latest academic institution to embrace biometric student identification in the cafeteria. Its new system is designed to link students’ fingerprint biometrics to their student accounts, deducting from their meal plans as they scan to enter the D-2 dining hall. In opting for the biometric technology, school administrators’ aim appears to…
All Work & Social, the operator of a co-working space in Manchester, England, has become the latest organization to embrace Fingopay‘s biometric payments platform. The partnership means that members of All Work & Social’s XYZ building in Spinningfields will be able to pay for food and beverages – the building features an in-house coffee bar…
NEXT Biometrics‘ roster of POS partners focused on the Indian market continues to grow, with the company announcing that it has now teamed up with Beijing-based Wiseasy. The latter will integrate NEXT Biometrics’ fingerprint sensors into POS terminals designed for compatibility with Aadhaar Enabled Payment System applications. Aadhaar is, of course, India’s pioneering biometric national…
Fingopay has partnered with Cardstream as it moves towards a global rollout of its naked payments platform. The alliance will give Fingopay access to all of the payment partners and applications that are connected to Cardstream’s Open Payment Network, which will allow it to expand rapidly as more retailers incorporate the technology. The global launch…
Shenzen Metro is trialing a new ticketing system that would allow passengers to pay their fare and board the subway with only a facial recognition scan. The system is built with 5G and AI technology from Huawei, and the trial is currently underway at the city’s Futian station. As South China Morning Post reports, participants…
Having demonstrated the utility of its biometric authentication technologies in heavy-duty industrial deployments, Invixium is now setting its sights on the academic market. In a new blog post, the company has outlined three key areas where its biometric access control solutions could prove highly beneficial. A fairly obvious one is in academic laboratory facilities. It’s…
Another partnership with a POS specialist is poised to extend NEXT Biometrics‘ presence in the Aadhaar market. The company has teamed up with New Delhi-based MobiOcean, which will integrate NEXT Biometrics’ fingerprint sensor technology into a POS solution designed to facilitate Aadhaar Enabled Payment System applications for merchants and government authorities. Aadhaar is India’s wide-ranging…
“The market for biometric technologies is expected to grow rapidly over the next few years and CLEAR is uniquely positioned to be the leader in using this technology to help consumers to access experiences beyond the airport more quickly and safely,” – Ted Leonsis, Co-founder and Partner, Revolution Growth CLEAR is planning for growth, with…
“…the timing of FIME’s accreditation also points clearly to the emergence of biometric payment cards, which Mastercard has been determinedly pushing toward a large-scale launch.” FIME, a firm that offers testing, certification, training, and consultancy services to the payments industry, has received accreditation from Mastercard to test fingerprint authentication solutions. In a statement announcing the…
“At KPRO, the system was installed in self-service kiosks, allowing customers to place their orders and pay via Smile to Pay’s facial recognition system, which links their faces to their Alipay accounts.” KFC has dramatically expanded its ‘Smile to Pay’ naked payments system in China, bringing it to 300 locations across the country. Yum China,…
In business, and perhaps especially in finance, timing is important. Borrowing at low rates, selling at high valuations, fundraising ahead of a market boom – success across a range of ventures depends so much upon acting when conditions are exactly right. For FinTech players involved in biometrics, that time is now, as our Financial Biometrics…
“This show of support from TYSSO is evidence of the value NEXT’s large-area fingerprint sensors are delivering to the market. We look forward to a long and successful relationship with the team at TYSSO.” – Ritu Favre, CEO, NEXT Biometrics Tysso, a Taiwan-based POS solutions provider, has placed an order for fingerprint sensors from NEXT Biometrics, the…
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With biometric technology being a bigger topic than ever at this year’s Money20/20 Las Vegas, one of the most fascinating panel discussions was focused on one particular biometrics program, albeit a very ambitious one: CLEAR. It started out as a system aimed at using biometric identification to expedite airport screening for members, but has recently…
The enormous potential of CLEAR‘s biometric screening technology beyond airport security is becoming perfectly clear, if the enthusiasm of the company’s partners in Seattle is any indication. In a panel discussion moderated by FindBiometrics President Peter O’Neill on the opening day of Money20/20 Las Vegas, CLEAR CEO Caryn Seidman Becker explained the origins and trajectory…