Fingerprint Cards joins Internet Finance Authentication Alliance

Fingerprint Cards has been accepted as a member of the China-focused Internet Finance Authentication Alliance (IFAA). According to a statement from the Swedish biometrics company, the IFAA aims to achieve a more simple, more accurate way to verify the identity of humans based on fingerprint, face, iris biometric authentication methods. IFAA cooperates with device vendors, chipset vendors, algorithm vendors, security vendors, standard institution, certification organizations to together create a verification technology ecosystem, mutual benefit and common innovation, and jointly promote

Face++ appoints Andrew Yao as academic committee principal advisor

Chinese facial recognition startup Face++ has announced that it has appointed Andrew Chi-Chih Yao, the first Chinese recipient of the Turing Award, as principal advisor of the company’s newly established academic committee, according to a report by China Money Network. Every year, the Association for Computing Machinery rewards the Turing Award to an honorary recipient who has proven excellence in computer science. The award is considered the “Nobel Prize of computing.” Yao received the award in 2000, “in recognition of

Human Rights Watch raises privacy concerns over Chinese voice recognition program

China’s government is collecting “voice pattern” samples from its citizens to build a database for use with voice recognition technology, Human Rights Watch (HRW) announced in a fascinating article published Sunday. In collaboration with Chinese company iFlytek, which HRW says makes 80 percent of the country’s speech recognition technology, China’s Ministry of Public Security is working on a pilot project to identify the voices of targeted individuals in telephone conversations. “The Chinese government has been collecting the voice patterns of

Chinese startup CloudWalk providing facial recognition services to Bank of China

Chinese startup CloudWalk Technology Co. Ltd. is providing facial recognition services to the Bank of China at counters in its Beijing headquarters as well as through its online banking system and mobile app, according to a report by Sixth Tone. Instead of having to visit the bank branch in person to open an account, customers can simply take a photo of their ID card and upload it to the bank’s app, look into the camera of their smartphone, and wait

China developing huge facial recognition database to identify citizens

China is developing what is expected to be the world’s most powerful facial recognition system with the capacity to identify any one of its 1.3 billion citizens within three seconds, according to a report by South China Morning Post. The system aims to match an individual’s face to their ID photo with approximately 90 percent accuracy for the purpose of tracking wanted suspects and public administration. Launched by the Ministry of Public Security in 2015 and developed in conjunction with

Chinese researchers reveal advances in gait recognition

Researchers from the Automation Institute of the Chinese Academy of Sciences (CAS) have detailed their advances in gait recognition in a report in The International News. Huang Yongzhen, an associate researcher from CAS, said its gait recognition solution is functional within a distance of 50 meters from its target and capable of identifying a specific person just by analyzing how they carry themselves. Detection time is reduced to less than 200 milliseconds. The technology can also identify a person without

HSBC introduces facial recognition to its mobile banking app in China

HSBC has introduced facial recognition capabilities in its mobile banking application for customers in China. Using the biometric authentication option, HSBC’s Chinese customers can open their HSBC mobile app, blink at their camera using the selfie mode and transfer up to RMB50,000 (just over US$7,500) a day, make payments and add new payees to their account as part of a broader technological outreach program. Customers identity will be checked against the photo stored in bank’s database. In addition, the bank

Alipay launches facial recognition-based payment system at fast food restaurant in Hangzhou

Alipay recently introduced its facial recognition system for customers at a KPRO fast food restaurant in Hangzhou, according to a report by Payment Week. A 3D camera situated at the point-of-sale scans the customer’s face to verify their identity, while there is also a phone number verification option for greater security. The two-factor authentication process doesn’t require a smartphone, as long as the customer has already registered for the Alipay app and enabled facial recognition. The system uses a liveness

Ping An to invest $1b on technology R&D with focus on AI

Chinese financial firm Ping An Insurance (Group) Co will make a more than 7.77 billion yuan ($1.16 billion) investment on technology R&D this year, with a particular focus on artificial intelligence (AI), according to a report by China Daily. “We want to build more platforms in finance and healthcare industries this year and in the near future,” said Ericson Chan, CEO of Ping An Technology, a subsidiary and technology arm of Ping An Group. “We will continue to focus on

Chinese facial recognition firm developing AI to predict crimes

Chinese companies are developing new facial recognition systems that can help law enforcement identify criminals and even potentially predict crimes before they occur, according to a report by Shanghaiist. Equipped with China’s photo ID database and the extensive footage taken from public surveillance cameras, the country’s facial recognition technologies are able to analyze billions of faces and objects to identify people. China’s massive population and lenient privacy laws have made enormous amounts of data available to companies at a low