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Biometrics and the Evolution of Digital Payments through Wallets and Passkeys

The article discusses the integration of biometrics with payment systems, with Mastercard replacing credit card numbers with biometrics and tokenization. Digital wallets are merging identity and payment functionalities, while Visa advocates for passkeys as a security measure. Global responses range from concerns over AI in government to the expansion of Aadhaar in India, signaling a…

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FPC Enhances IP and Develops New Biometric Solutions with jNET Partnership

Fingerprint Cards (FPC) is strengthening its intellectual property (IP) through two new partnerships: one with an IP advisory firm for commercialization and another with jNet Secure for a turnkey biometric solution. The latter will result in a secure System-in-Package (SiP) module, addressing the demand for passwordless authentication. Engineering samples will be available soon, with mass…

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Amazon’s Commitment to Navigating the Challenges of Digital Identity Proofing

Amazon is advancing towards digital identity verification, planning to implement mobile driver’s licenses and federated identities by 2025. Despite current stringent measures, the complexity and high error rates in identity proofing challenge usability. Experts emphasize the need to manage tensions between security and accessibility as stakeholders strive to innovate and adopt more reliable identity technologies….

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