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…
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,…
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…
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…
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….
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…
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…
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…
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…
IATA’s One ID biometrics trial showed a 40% reduction in airport processing times, utilizing NEC’s facial recognition for flights between Hong Kong and Narita. The trial involved multiple digital wallets and highlighted improved passenger experience and operational efficiency. Biometrics adoption in airports is increasing, with 46% of passengers using such technology as of 2024. The…
