Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. On Tuesday Google held a showcase to introduce its latest hardware. The company hopes to create a space for its products in the burgeoning ‘home IoT’ sector. Among the devices is a tiny camera, the

Facial recognition use by retailers raise privacy concerns

Big-box retailers such as Walmart are using facial recognition technology to identify suspected thieves, which has raised a number of privacy concerns among the public, according to a report by Fortune. Earlier this year, Walmart tested a facial recognition system that automatically scanned the face of all customers entering several of its stores across many states. The facial recognition technology matches faces against a database containing a number of alleged offenders. If a match is found, the system promptly notifies