SmartMetric, a U.S. company working on biometric credit cards, reported the value of commercial cards issued in the U.S. hit $8.46 trillion in 2021, a 25.1% increase, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The CEO of Clearview AI, the New York-based facial recognition company, has told Reuters that his goal this year is to ink deals with the United States government and expand his team by one-third. Get the Full Story Complete the form to unlock this article...
Texas attorney general Ken Paxton on Monday (Feb. 14) filed a lawsuit against Facebook parent company Meta Platforms, saying the company’s now-discontinued use of facial recognition technology violated state privacy laws regarding personal biometric data, The Wall Street Journal reported. Get the Full Story Complete...
Biometrics firm ID.me is dropping the facial recognition component of its identity verification software used by a host of states and federal agencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Starting this summer, the IRS is requiring users of its online tools to verify their identity by registering with its biometrics partner ID.me, which requires users to submit a driver’s license or passport along with a selfie or in some cases video, for facial recognition,...
Samsung is launching the industry’s first fingerprint security IC (integrated circuit) — S3B512C — that offers enhanced biometrics for payment cards in an all-in-one chip solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Three years ago, if you’d asked air travelers if they’d be willing to offer up their biometric data in exchange for a more streamlined experience, less than half of them would have said yes — then, COVID happened. Get the Full Story Complete the form...
iProov, the London-based online biometric face authentication firm, announced a $70 million investment from Sumeru Equity Partners on Thursday (Jan. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Canada’s privacy regulators have ordered Clearview AI, the New York-based facial recognition company, to comply with a previous directive to stop collecting images of residents and delete pictures it has gathered. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
