biometrics

Real-Time Transactions and Regulations Continue to Shape Payments
Real-Time Transactions and Regulations Continue to Shape Payments
May 24, 2024  |  Real-Time Payments

When it comes to payments innovations, banks and payment companies have held up their end of the deal. Instant payments, pay-by-bank, digital wallets, artificial intelligence and...

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Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
May 22, 2024  |  Biometrics

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Hong Kong’s Office of the Privacy Commissioner for...

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Apple Previews Eye Tracking and Other Accessibility Tools
Apple Previews Eye Tracking and Other Accessibility Tools
May 15, 2024  |  Apple

Imagine being able to control your iPhone not with your hand, but with your eyes. Apple says that scenario could soon be a reality, part of...

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Biometric Wallets Emerge as Payments Modernization Strategy
Biometric Wallets Emerge as Payments Modernization Strategy
May 08, 2024  |  Payments Innovation

As payments go digital, their authentication is getting more organic — literally. One of the latest frontiers in the ongoing evolution of payments is leveraging...

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Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy 
Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy 
May 03, 2024  |  Biometrics

Microsoft’s decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry’s struggle to balance the promises and...

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This Week in AI: Anthropic Goes to iPhone, AI Programming, Europe’s Rise
This Week in AI: Anthropic Goes to iPhone, AI Programming, Europe’s Rise
May 03, 2024  |  Artificial Intelligence

This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major...

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Microsoft Bans Police Use of AI Service for Facial Recognition
Microsoft Bans Police Use of AI Service for Facial Recognition
May 02, 2024  |  artificial intelligence

Microsoft has banned police departments from using its Azure OpenAI Service for facial recognition purposes. The company added language to its code of conduct Thursday (May 2) saying that this...

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Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention Firm BioCatch
Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention Firm BioCatch
May 02, 2024  |  Acquisitions

Private equity company Permira has acquired a majority stake in Israeli fraud/financial crime prevention provider BioCatch.  The agreement, announced Thursday (May 2), values BioCatch at $1.3...

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Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
May 01, 2024  |  Fraud Prevention

Scams, regrettably, are a feature — not a bug — of modern, digital payments and commerce.  And in an era where technology has become increasingly...

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