The new year has just started, and the biometrics industry is back in full swing, judging by this week’s roundup of FindBiometrics top stories from the past week. And it’s a roundup dominated by news from the financial services sector, with a strong focus on payments technology. That’s apropos, given some of the results from…
European payment and transaction services company Worldline has announced that it will be debuting its new ‘pay by face’ system at the National Retail Federation Expo in New York later this month. The biometric payment system was developed by Swiss cyber-security startup OneVisage, the winner of Worldline’s e-Payments Challenge, which was held in mid-September in…
“… a simple face scan will allow the system to retrieve the necessary billing information for a given transaction, and to process it, bypassing the need for the customer to present a physical payment card or any other hardware.” Denmark is once again the site of a pioneering trial of a biometric payments system, this…
A Nestle grocery store in Spain is partnering with CaixaBank to trial a new facial payment system in an attempt to speed up customer transactions ahead of the coming holiday shopping season. Payments are made using the Face to Pay Nestle Market app, where users are required to register their personal information along with credit…
Coinciding with the biggest conference event in the financial services industry – Money20/20 USA – October was Financial Biometrics Month at FindBiometrics. Financial services has become one of the most important verticals for biometric technology in recent years, and given the dynamism of this sector, it’s worth taking a close look at recent, ongoing, and…
Cash is getting scarce. It wasn’t so long ago that most transactions done in stores involved hard currency, but over time, dollars and bills have been increasingly displaced by debit and credit cards. Convenience is a big part of the reason, especially in countries where NFC-enabled POS terminals allow consumers to pay just by tapping…
Biometrics News – Facial Recognition SnapPay is bringing face-based naked payments to North America. The Ontario startup currently allows North American retailers to accept Alipay and WeChat Pay, and is hoping to offer even greater utility with technology that allows shoppers to pay for their goods with a simple facial recognition scan. The company’s facial…
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…