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…
The global boom in real-time payments is intensifying the demand for advanced identity verification tools. Key advancements include partnerships and integrations by companies like AuthenticID and Sift to enhance payment security. The expansion of biometric payment systems, particularly in Brazil, further illustrates the trend towards more secure digital transactions. Overall, these innovations aim to combat…
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…
Biofire has launched the first biometric smart gun in the U.S., designed for secure user access through biometrics, addressing safety concerns. With advanced features, it targets safer ownership while navigating regulatory and public acceptance challenges amid gun-rights debates. Biofire has officially launched America’s first biometric smart gun, integrating fingerprint and facial recognition technology to enhance…
Airport authorities are increasingly adopting biometric technologies from Thales, Idemia, and Vision-Box to enhance security and streamline processes at airports. Notable implementations include Thales’ partnership with Adani airports in India, SITA’s new tech hub in Romania, TSA’s biometric systems in Montana, and successful facial recognition deployments in Bali, highlighting the effectiveness of these solutions in…
A stowaway incident on a Delta flight exposed significant airport security weaknesses. Four regions, including Thailand and Brazil, are enhancing biometric systems to improve efficiency in passenger processing and boarding. As Air Canada implements facial recognition, Idemia boosts luggage identification at Paris airports. This trend indicates a global move towards biometrics in travel security and…
Wero, a mobile payment app by the European Payments Initiative, is expanding into Belgium. The app supports QR code and P2P payments, aiming to create a unified European payment solution. Following its launch in Germany and France, Wero plans to introduce additional functionalities and enhance e-commerce payments. Despite losing some banking partners, the platform boasts…
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…
NextgenID has successfully initiated the PresenceID Network at U.S. Post Offices, completing the first phase of its collaboration with USPS. This effort involves deploying identity proofing kiosks designed to meet high-security IAL3 standards, enabling local identity verification services nationwide. NextgenID aims to enhance access for governmental and commercial entities while expanding its biometric technology. NextgenID…
The biometric authentication market is growing, driven by the need for secure password alternatives. In 2022, methods like fingerprint and facial recognition technology emerged as key trends. However, privacy concerns and differing perceptions of legislation remain significant challenges. Education and security measures are necessary to support market expansion. The biometric authentication market has gained prominence…
