TurboCheck and authID have formed a partnership to combat hiring fraud in the digital age by integrating biometric verification technology. This collaboration focuses on addressing the escalating challenges of identity theft and AI-driven fraudulent applications. With TurboCheck’s identification of over 200,000 fake candidates and the verification of over 14,000 government IDs through authID, the partnership…
authID partners with TurboCheck to implement biometric verification aimed at preventing employment identity fraud. The technology offers rapid identity checks, validating documents and matching selfies in just 700 milliseconds. This collaboration addresses a significant market need in the $200 billion staffing and recruiting industry, while tackling the rise of AI-generated fake IDs and deepfakes, enhancing…
Traditional Know Your Customer (KYC) systems are becoming outdated in the face of advanced AI-driven cyber threats, particularly deepfake technology. Cybersecurity experts advocate for a transition to decentralized identity frameworks that prioritize user data security and sovereignty. The shift towards more resilient identification methods is essential amidst evolving digital risks, requiring collaboration across sectors and…
ICE plans to award a contract to Government Acquisition Inc. for NEC’s NeoScan 45 fingerprint biometric devices, valued at around $160,000. The NeoScan is the only device compatible with ICE’s IT infrastructure, enhancing identification capabilities during law enforcement operations. It enables quick verification of identities, crucial in cases where individuals lack identification. The continuation of…
Australia’s OAIC has issued new guidelines to address privacy concerns regarding facial recognition technology in retail settings. The guidance differentiates between facial verification and identification, emphasizing the necessity of consent, transparency, and bias prevention. With a recent ruling against Bunnings for privacy violations, the guidelines stress the proportional use of FRT and the importance of…
Neurotechnology’s latent fingerprint algorithm has ranked highest in the NIST ELFT evaluation for accuracy, showing remarkable extraction speeds. The evaluation relies on datasets from U.S. law enforcement. Other companies in the top ten include Idemia and Thales. This achievement reflects Neurotechnology’s ongoing commitment to biometrics innovation. Neurotechnology has achieved the top position in the NIST…
The October 7 incident prompted a reevaluation of the mandatory fingerprint submission policy in Israel’s biometric database. Attorney Naama Ben-Zvi argues that while fingerprints aided the identification of victims, they do not warrant compulsory submissions from all citizens. Legislative reforms should allow individuals to choose whether to store their fingerprints, similar to organ donation preferences,…
A new palm biometric system named “mmPalm,” developed by Dr. Yucheng Xie’s team, utilizes millimeter wave technology for accurate and low-cost authentication. The technology shows a 99% accuracy rate and can adapt to different user conditions. Major companies, including Tencent and Amazon, have begun implementing palm biometrics, signaling a trend towards its widespread use in…
The biometric payment market is set to grow from USD 8.6 billion in 2023 to USD 34.8 billion by 2032, with a CAGR of 16.84%. This growth is attributed to increasing security concerns and consumer preference for seamless transactions powered by technologies like fingerprint and facial recognition. Leading players, including Apple and Mastercard, are spearheading…
The Self-Service Innovation Summit will host a panel examining the impact of biometric identification in ATMs and kiosks. With experts discussing benefits and privacy concerns, the session will cover compliance with consumer laws, the risks of biometric data breaches, and the technology’s potential to enhance user convenience and security. The event will take place from…
