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…
Biometrics are evolving within the digital identity landscape, with 2024 showing heightened demands in applications like age assurance. The EU’s biometric entry-exit system rollout faces delays, while trust frameworks gain traction globally. Mobile driver’s licenses and decentralized IDs make notable advancements. Significant acquisitions mark a transformative year for the biometrics industry as it prepares for…
Nametag has launched VerifiedHire, an integrated identity verification solution aimed at preventing North Korean operatives from infiltrating remote IT jobs in the U.S. The product enhances onboarding through automated identity checks and customizable workflows, improving security and operational efficiency in organizations. Nametag has introduced its VerifiedHire product, integrating identity verification and deepfake prevention to combat…
ROC’s new ROC +0014 algorithm demonstrated a 30% increase in accuracy for latent fingerprint biometrics in the NIST ELFT evaluation. The algorithm reported an FNIR of 0.138 and processed matches in an average of 64 seconds, significantly improving efficiency. With high hit rates and free access to their SDK, ROC reinforces its leadership in biometric…
Various countries are strengthening age verification laws to limit youth access to alcohol and tobacco. Greece has introduced legislation requiring vendors to verify customer age. Similar measures are being adopted in Russia, New York, and Maryland, with a focus on using biometric data and digital IDs to ensure compliance. In response to predictions for 2025,…
The article discusses the integration of biometrics with payment systems, with Mastercard replacing credit card numbers with biometrics and tokenization. Digital wallets are merging identity and payment functionalities, while Visa advocates for passkeys as a security measure. Global responses range from concerns over AI in government to the expansion of Aadhaar in India, signaling a…
The U.S. is seeing increased acceptance of mobile IDs, especially in age verification and air travel processes. New York’s Mobile ID (MiD) has been widely embraced, aiding hospitality businesses in age checks. West Virginia also launched its mID system. Overall, about 14 states are implementing mobile driver’s licenses, with significant growth expected in the coming…
