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Biometric Payment Market Expected to Grow at 18.12% CAGR by 2035

Raj Desai02 mins

The biometric payment market is projected to grow from $9.89 billion in 2024 to $45.99 billion by 2035, at a CAGR of 18.12%. This technology uses physical and behavioral traits for secure transactions, gaining popularity due to smartphone use and the need for enhanced security amid increasing cyber threats. The global biometric payment market, valued…

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Balancing Innovation and Privacy in Facial Recognition Technology

Sofia Martinelli05 mins

A report from Harvard examines the ethical implications of facial recognition technology, emphasizing the risks of mass surveillance, particularly in authoritarian contexts. It calls for responsible governance, highlighting the importance of privacy, consent, and representation in AI systems to mitigate biases and ensure fair application. The balance between innovation and human rights is crucial to…

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