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Tag: NORTH AMERICA

Trust Stamp Receives Patent Approval for Interoperable Biometric Framework

Raj Desai04 mins

Trust Stamp has announced the allowance of a critical patent for its “Interoperable Biometric Representation” framework, designed to enhance biometric interoperability and security. This technology allows for seamless and secure biometric comparisons across different systems and reduces vendor lock-in. By generating privacy-secured tokens, Trust Stamp is advancing its mission of fostering secure, privacy-first identity verification…

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The Evolution of Digital Identity in Financial Services

Maya Rodriguez06 mins

The article discusses the evolution of digital identity in financial services, noting the importance of continuous innovation to enhance security amid rising fraud and regulatory complexities. It highlights the establishment of digital identity frameworks across jurisdictions, compliance with data privacy regulations, and the role of open banking in transforming financial interactions. The ongoing development of…

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Anticipation Builds for MOSIP Connect 2025 Focused on Digital Identity

Raj Desai03 mins

MOSIP Connect 2025, co-hosted by MOSIP and the Philippine Statistics Authority from March 11-13, will spotlight digital identity’s role in government transformation. Following a successful first edition, the event will feature workshops, exhibitors, and initiatives to advance biometrics and identity solutions. The upcoming MOSIP Connect 2025 in Manila, Philippines, scheduled from March 11 to 13,…

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Toronto Police Facial Recognition Tender Attracts Major Vendors Amid Controversy

Maya Rodriguez04 mins

Toronto police are seeking a new facial recognition system, with eleven vendors competing for the contract. The initiative aims to improve accuracy and integrate with existing databases while addressing concerns over privacy and bias. This tender raises ongoing debates about the implications of facial recognition technology in law enforcement. Toronto police have opened a tender…

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Clearview AI Settlement Approved, Key Stakeholders to Benefit from Company IPO

Maya Rodriguez04 mins

A U.S. court has approved a settlement in Clearview AI’s litigation on biometric data, granting claimants a 23% stake in a potential IPO, estimated at $51.75 million. Clearview’s facial recognition tech improves FBI investigations of online child abuse cases. While concerns over opt-out practices linger, the settlement allows continued operations under established agreements with law…

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Advancements in Biometrics: Streamlining Travel Through Digital Credentialing

Raj Desai04 mins

Biometric technology is enhancing travel efficiency by digitizing identity credentials like mobile driver’s licenses and passports, addressing issues such as fraud and age verification. Despite potential, significant barriers to adoption include regulations and interoperability concerns. Recent trials indicate biometrics can reduce processing times, while ethical concerns in law enforcement highlight the need for responsible usage….

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Sweden Issues RFI for New Biometric System, Moldova Announces Hardware Tender

Sofia Martinelli04 mins

Sweden has issued an RFI for a new ABIS to collect biometric data from asylum seekers, while Moldova is tendering biometric data processing hardware valued at 1.5 million leu. Sweden’s new system will support legislative changes for facial image processing, and Moldova has also prepared for a mobile biometric system procurement earlier this year. Sweden…

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Calls for Transparency in Police Use of Facial Recognition Technology

Sofia Martinelli06 mins

Human rights groups are advocating for transparency in police facial recognition technology, highlighting the need for accountability, oversight, and specific laws governing its use. In the UK, concerns are raised about the implications of accessing drivers’ database for surveillance, while Georgia investigates allegations of facial recognition use against protestors. The report underscores a balance between…

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Air Canada to Implement Facial Recognition Technology for Boarding

Ethan Nash05 mins

Air Canada is introducing facial recognition technology for boarding at Vancouver International Airport, allowing passengers to board without physical IDs. The initiative is voluntary and builds on a pilot program from February 2023. Concerns regarding privacy and job implications have been raised, but the airline stresses data encryption and short retention periods. Air Canada is…

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Overview of Leading Biometric Payments Startups as of January 2025

Maya Rodriguez03 mins

In January 2025, 56 startups in Biometric Payments have emerged, with 23 funded, including 8 at Series A+. The US leads in company presence. Notable startups include IDEMIA, PayFace, Zwipe, BehavioSec, and TypingDNA, each excelling in distinct biometric technologies for secure financial transactions. In January 2025, there are 56 notable startups in the Biometric Payments…

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