Digital Wallets and Biometrics: A New Era for Identity and Payments

The Identity and Payments Summit highlighted the merging of identity and payment systems, focusing on digital wallets and mobile driver’s licenses (mDLs). With 59% wallet usage among consumers, the trend shows a blurring of lines between payments and digital ID. Interoperability remains a concern, particularly for mDLs. Insights on biometrics suggest they play a crucial…

Read full article

Clearview AI’s Proposed 23% Settlement Faces Legal Scrutiny

Clearview AI is facing a proposed settlement in a biometric data privacy lawsuit that would grant plaintiffs a 23% stake in the company. Judge Sharon Johnson Coleman expressed concerns about Clearview’s opt-out policy and the company’s financial struggles. Some plaintiffs are opposed to accepting equity from Clearview, preferring the company be held accountable, potentially through…

Read full article

Google Enhances Biometrics with Identity Check for Android Devices

Google has introduced Identity Check for Pixel devices, increasing biometric authentication capabilities. This feature will soon be available for Samsung Galaxy devices and mandates biometric verification for sensitive changes. Moreover, the upcoming Secure Lock and the Theft Detection Lock features aim to enhance device security against unauthorized access and theft. Google has rolled out a…

Read full article

Setting Up Identity Check for Enhanced Security on Pixel Phones

Identity Check is a new security feature in Android 15 for Pixel phones that mandates biometric authentication for accessing sensitive information outside of trusted locations. To set it up, users must verify their device’s compatibility, navigate through settings, and toggle the feature on. It enhances security for activities like changing passwords or account settings, protecting…

Read full article

Biometric Payment Market Projected to Hit USD 34.8 Billion by 2032 Driven by Demand for Security and Convenience

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…

Read full article

California DMV Enhances Mobile Driver’s License Program with Biometric Verification

California DMV has partnered with AuthenticID to implement a biometric identity verification system in its mobile driver’s license program. This integration allows residents to securely verify their identities almost instantaneously through facial recognition technology. The initiative supports integration with digital wallets and aims to improve DMV operations and resident convenience. California’s Department of Motor Vehicles…

Read full article