naked payments

China’s KFC May Have Just Launched the World’s Biggest Naked Payments Deployment

China’s KFC May Have Just Launched the World’s Biggest Naked Payments Deployment

“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,…

Financial Biometrics Month 2018 – The Roundup

Financial Biometrics Month 2018 – The Roundup

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…

NEXT Biometrics Sensors to Be Used in POS Terminals Aimed at US Market

NEXT Biometrics Sensors to Be Used in POS Terminals Aimed at US Market

 “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…

[Money20/20] CLEAR’s CEO Talks Biometric Access Control and Naked Payments

[Money20/20] CLEAR’s CEO Talks Biometric Access Control and Naked Payments

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…

[Money20/20] Beer and Football Partners Applaud CLEAR’s Biometric Screening, Naked Payments Tech

[Money20/20] Beer and Football Partners Applaud CLEAR’s Biometric Screening, Naked Payments Tech

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…

Expert Panel Makes Clear Why Biometrics Are Leading the Revolution at Money20/20

Expert Panel Makes Clear Why Biometrics Are Leading the Revolution at Money20/20

If there’s one exciting trend in payments right now, it’s the rise of biometrics, and so it was no surprise to see “Digital Identity & Biometrics” emerge as one of the four central themes of the opening day of this year’s Money20/20 event in Las Vegas. And an expert panel comprising representatives of some of…

The Convenient Revolution: How Biometric Tech is Driving Financial Innovation

The Convenient Revolution: How Biometric Tech is Driving Financial Innovation

When it comes to matters of money, security has long been the paramount concern. When bank customers call to access information or perform certain transactions, bank representatives have to ask for passcodes and biographical data; in a bank branch, customers have to enter PINs even when conducting business in person. When making payments, a signature…

New Partnership Enables Naked Cryptocurrency Payments

New Partnership Enables Naked Cryptocurrency Payments

Singapore-based naked payments pioneer Touché has teamed up with a Luxembourg-based blockchain platform to offer a simplified means of in-store purchases using cryptocurrency. The system is of course based on Touché’s biometric payments concept, which revolves around linking users’ fingerprints to their payment accounts to allow them to make purchases with a simple fingerprint scan — and…

Financial Biometrics Month 2018 – The Primer

Financial Biometrics Month 2018 – The Primer

Money and security have always gone hand-in-hand — the more you have of the former, the more you need the latter. That’s part of the reason that biometrics has become such a hot topic in the world of financial technology in recent years. As financial services increasingly go digital, and money goes virtual, there’s a…

Amid Expansion, CLEAR Launches Marketing Campaign

Amid Expansion, CLEAR Launches Marketing Campaign

“…the announcement arrives just a week after the news that CLEAR was opening a new office in Austin, Texas, and soon after the launch of a pioneering biometric payments system in Seattle that lets sports fans pay for snacks at concessions stands using a simple fingerprint scan.” With CLEAR now having established an extensive network…

Fujitsu Aims for Naked Payments, Access Control with Combined Facial and Palm Vein Solution

Fujitsu Aims for Naked Payments, Access Control with Combined Facial and Palm Vein Solution

“In announcing the development, Fujitsu emphasized its potential applications in event venues, which could use it for access control, and in physical stores, where the technology could be used to replace payment cards.” Fujitsu has combined its palm vein scanning technology with facial recognition in a new authentication solution concept. It’s a contactless, kiosk-type solution,…

Fujitsu Places Next Big Bet On Naked Payments with the Japan Racing Association

Fujitsu Places Next Big Bet On Naked Payments with the Japan Racing Association

“Fujitsu says the the JRA will implement the machines at the Tokyo Racecourse on September 22nd, with plans to later expand the biometric terminals to racecourses in Chukyo, Hanshin, and Fukushima, as well as off-course betting facilities.” Fujitsu has found a rather novel application of its palm vein recognition technology: It’s going to be used…

Chinese e-Commerce Firm Opens ‘Unmanned’ Store Based on RFID, Biometrics Tech

Chinese e-Commerce Firm Opens ‘Unmanned’ Store Based on RFID, Biometrics Tech

Chinese e-commerce firm JD.com has opened a fully automated retail store in Indonesia, with biometric technology playing a key role. As Tech in Asia reports, the store is “unmanned”. Its products are equipped with RFID tags, allowing them to be tracked when customers pick them up and head toward the exit. There, POS terminals use…

CLEAR Delivers on Naked Payments Promise in Seattle

CLEAR Delivers on Naked Payments Promise in Seattle

CLEAR has followed through on its promise to bring biometric transactions to the sports stadium concession stand: Fans of the Seattle Sounders soccer team, the Seahawks football team, and the Mariners baseball team can now buy snacks and drinks just by performing a fingerprint scan. It’s probably the most high-profile US deployments yet of a…

2020 Olympics Organizers Announce Biometric Security System

2020 Olympics Organizers Announce Biometric Security System

“NEC’s NeoFace system will be used to identify authorized individuals, including athletes, staff, and volunteers, seeking entry into venues such as the International Broadcast Centre, the Olympic Village, and the main stadium.” Organizers of the 2020 Olympics and Paralympic Games in Tokyo have confirmed that they are planning to implement biometric security based on facial recognition.…

Naked Payments Tested at KDDI Store and Mr. Donut Shop

Naked Payments Tested at KDDI Store and Mr. Donut Shop

” Unlike other nascent naked payments technologies aimed at directly linking consumers’ biometric data to their payment accounts, Hitachi’s system revolved around coupons, allowing participants to dispense with the actual paper, and helping merchants to ensure that coupon use is accurately tracked and accounted for.” Hitachi and Japanese telecom KDDI have conducted a trial of…

Fujitsu, AEON to Trial Naked Payments System at Convenience Stores This September

Fujitsu, AEON to Trial Naked Payments System at Convenience Stores This September

Fujitsu and Japanese credit card company AEON are poised to deliver Japan’s first real-world naked payments system. They’ll start in select Ministop convenience stores, where customers who enroll in the system will be able to use Fujitsu’s palm vein biometrics scanners to make purchases. Their palm vein biometrics will be directly linked to their payment…

CLEAR Working With MLB On Biometric Ticketing, Concessions Purchases

CLEAR Working With MLB On Biometric Ticketing, Concessions Purchases

“The system will first revolve around fingerprint scanning, but will ultimately support facial recognition as well, for an even more seamless entry process for baseball fans.” CLEAR is getting ready to move ahead with biometric ticketing at the ballpark, thanks to a new partnership with Major League Baseball and Tickets.com. The organizations are working together…

SensibleVision Applies Facial Recognition Tech to Naked Payments

SensibleVision Applies Facial Recognition Tech to Naked Payments

SensibleVision has become the latest pioneer on the frontier of face-based payments for retail. The company has announced a new solution called 3DWALLET, which monitors shoppers in a given store via facial recognition, and charges them for whatever they take out, with no need to line up and pay at a register. It’s a similar…

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