Tag: facial recognition

Biometric verification represents a significant advancement in security technology, utilising unique biological traits such as fingerprints and facial patterns to confirm an individual's identity.

Biometric facial recognition has become an increasingly important verification tool for customer onboarding and ongoing compliance.

The European Parliament has voted for a resolution that calls for the ban of AI-powered biometric mass surveillance technologies such as facial recognition across the continent.

A study from Juniper Research has discovered the number of users of software-based facial recognition to secure payments will exceed 1.4bn people globally by 2025.

Veriff unveiled Face Match, an AI-powered feature that authenticates a person online with the aim to mitigate fraud and identity theft.

RegTech company SmartSearch U.S, has improved its anti-money laundering (AML) offering on the back of Congress passing new financial crime laws in January.

Singaporeans can now access online digital government servicesusing facial verification implemented by iProov and and Toppan Ecquaria.

Using biometrics to provide strong customer authentications is becoming more popular and is beginning to be used in ATMs to help customers identify themselves.

Spanish banking and insurance company CaixaBank is embarking on a new biometrics-powered initiative to add more security for its users.

Someone has stolen Clearview AI’s full client list as the facial recognition software company is still reeling from the backlash of having scraped public pictures from social media platforms.