biometrics

This Week in AI: Anthropic Goes to iPhone, AI Programming, Europe’s Rise
This Week in AI: Anthropic Goes to iPhone, AI Programming, Europe’s Rise
May 03, 2024  |  Artificial Intelligence

This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major...

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Microsoft Bans Police Use of AI Service for Facial Recognition
Microsoft Bans Police Use of AI Service for Facial Recognition
May 02, 2024  |  artificial intelligence

Microsoft has banned police departments from using its Azure OpenAI Service for facial recognition purposes. The company added language to its code of conduct Thursday (May 2) saying that this...

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Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention Firm BioCatch
Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention Firm BioCatch
May 02, 2024  |  Acquisitions

Private equity company Permira has acquired a majority stake in Israeli fraud/financial crime prevention provider BioCatch.  The agreement, announced Thursday (May 2), values BioCatch at $1.3...

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Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
May 01, 2024  |  Fraud Prevention

Scams, regrettably, are a feature — not a bug — of modern, digital payments and commerce.  And in an era where technology has become increasingly...

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Worldcoin Explores Partnership With OpenAI Amid Regulatory Pressure
Worldcoin Explores Partnership With OpenAI Amid Regulatory Pressure
April 25, 2024  |  Partnerships

Eyeball scanning digital ID startup Worldcoin is reportedly considering a partnership with tech company OpenAI.  This exploration comes after months of privacy-focused scrutiny from regulators around the...

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PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations
PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations
April 23, 2024  |  Digital Payments

PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations for client card issuers. This pay-by-palm solution is now available to credit unions on a pilot basis and...

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Airports Accelerate Digital Transformation to Enhance Passenger Experiences
Airports Accelerate Digital Transformation to Enhance Passenger Experiences
April 18, 2024  |  Travel Payments

In an era marked by rapid technological advancements, the aviation industry continues to adapt, seeking ways to streamline processes and enhance passenger experiences. Recent developments at...

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Facial Biometrics Implementation Hiccups Stir Privacy, Security Debate
Facial Biometrics Implementation Hiccups Stir Privacy, Security Debate
April 04, 2024  |  Biometrics

While biometrics offer potential benefits such as enhanced security and streamlined processes, their implementation often comes with complexities and concerns, including privacy, data protection and...

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Bank Branches Evolve Into Financial Education ‘Magnets’
Bank Branches Evolve Into Financial Education ‘Magnets’
March 29, 2024  |  Financial Inclusion

Last year, banks shuttered 2,300 branches. The move should come as no surprise, given the fact that banks, like any other business, have been examining...

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