Tech companies want to get ahead of the law when it comes to facial recognition, seeking to restrict its use but also making sure the most...
Microsoft and IBM have teamed up with the Vatican to call for ethical and responsible use and regulation of artificial intelligence (AI) and facial recognition technology,...
To advance the digital economy, smooth commerce and boost financial inclusion, billions of individuals across the globe need digital IDs. To that end, Mastercard said...
Biometric VeinID platform Fingopay announced that it is launching an Open Banking retail pilot with Reflow, a payments firm. The partnership has allowed the companies...
Social media has become an integral part of everyday life, with a recent study finding that there were approximately 2.77 billion social media users around...
Digital driver’s licenses (DDLs) are gaining popularity in the U.S., where 12 states are working to develop and implement them. Many nongovernmental groups and organizations...
Biometric digital identity verification solutions are becoming more and more commonplace thanks to their implementation in everyday devices like smartphones and fitness wearables. Approximately 800...
Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit...
Brick-and-mortar financial institutions (FIs) compete with digital-only competitors that often take advantage of lower — or nonexistent — physical buildout costs. The former are thus...