Privacy advocates criticize Facebook’s facial recognition policy, NTIA meetings continue

Facebook’s use of facial recognition technology is once again under criticism from privacy advocates, who have argued that the technology should only be used with explicit permission, according to a report by Bloomberg. Facebook has long defended its use of facial recognition technology for its “tag suggestions” photo feature, which is automatically turned on when U.S. users sign up for a Facebook account. The social media network disabled the feature in Europe and Canada after privacy advocate groups raised concerns.

Biometric authentication to eliminate PIN and passwords: BBVA Compass report

BBVA Compass has released a new report entitled “Biometrics: the Future of Mobile Payments,” which finds that a new wave of capital and new technology based on biometrics, physiological and behavioral authentication is quickly replacing PINs and passwords. Smartphone users are rapidly adopting biometric authentication technology, which could eventually revolutionize the banking industry, the economists write in the report. “Biometric authentication is growing at a fast pace and shows great potential to protect individual data and enhance customer experience, particularly

UK consumers find facial recognition-driven targeted ads “creepy”: RichRelevance report

RichRelevance published a new UK study, “Creepy or Cool” that reveals that 70% of UK shoppers find facial recognition technology that identifies age and gender in order to display product recommendations “creepy”. The study, which surveyed 1,049 consumers in the UK about their attitudes towards digital enhancements to the store shopping experience, found that 72% of UK consumers find personalization of product recommendations based on purchasing habits a “cool” capability. RichRelevance analysts calculated the “Creepy” score by taking the total

BIS Research forecasts global biometrics market to reach $25.31B in 2020

Market analyst group BIS Research has authored a new report entitled “Global Biometric Authentication & Identification Market: Focus On Modality, Motility & Application – Estimation & Forecast, 2015-2020”, which forecasts the global biometric market will grow from $10.08 billion in 2014 to $25.31 billion in 2020. This significant growth in the global biometrics market represents an estimated CAGR of 16.56% from 2015 to 2020. The report states that the majority of the demand is sourced out of APAC and Middle

Platesmart LPR: Q&A with CEO John Chigos

In the past, the majority of American law enforcement agencies were unable to afford hardware-dependent License Plate Recognition (LPR) systems, which could cost as much as $20,000 to $30,000 per unit, along with additional costs to install and maintain. Additionally, the systems repeatedly failed to perform up to manufacturers’ claims. As a direct response to this need, PlateSmart Technologies developed a software-only high-definition LPR and video analytic solution that works with both state-of-the-art and legacy cameras to provide HD mobile

Enacomm CMO compares biometric authentication methods, financial institutions exploring biometrics & more top stories

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Comparing biometric authentication methods One of the more intriguing stories this week was penned by Enacomm CMO David Anderson, in which he provides a detailed analysis of the various biometric authentication methods, including fingerprint scanning, facial recognition and voice biometrics. Banking Credit card companies such as Mastercard, along with Canadian banks, are developing biometric authentication technologies to enable customers to validate transactions both

Verint Systems discusses identity authentication and fraud detection

Customer experience and engagement are crucial differentiators for a company in establishing a quality brand and generating repeat business. Providing fast and efficient customer service via call centers can often be a challenge for companies, as the sheer volume of calls and need to implement strong security measures can hinder the consumer experience. Verint Systems Inc. has improved its voice biometrics-based identify authentication and fraud detection solution, providing a faster and more seamless approach to customer identity authentication, along with

OPM hack, Apple Watch biometrics patent, behavioral biometrics, analyst reports & more top stories

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. OPM Hack In one of the week’s biggest stories, Office of Personnel Management officials confirmed that a data breach involving security clearance files impacted some 21.5 million individuals, including the fingerprint records of 1.1 million people, following a previous breach in May that impacted 4.2 current and former federal employees. Apple Watch Apple was granted its third Apple Watch-related patent in the past

NTIA continues meetings to develop data privacy guidelines for facial recognition technology

National Telecommunications and Information Administration, an agency under the US Department of Commerce, announced it will continue its privacy multistakeholder meetings regarding the commercial use of facial recognition technology on July 28, 2015 from 1:00 p.m. to 5:00 p.m., EDT. Held in the Boardroom at the American Institute of Architects in Washington, DC, the meeting is intended to discuss the development of data privacy guidelines for facial recognition technology. On February 23, 2012, the White House released Consumer Data Privacy

Bio-Metrica introduces multi-factor biometric authentication identity framework

Bio-Metrica announced it has developed BII, a new multi-factor authentication identity framework that uses multiple biometric data types (fingerprint, facial recognition, iris, vein, speech, signature recognition, SMT) and non-biometric data types (smartcard, token, passwords) across different applications. The multi-factor authentication identity framework allows entities to enroll once and use the same data across different applications. BII allows easy integration of existing applications which would typically be unable to communicate with each other. The framework consolidates their data, helping to reduce