FB pixel

Alibaba uses facial recognition technology to secure online payments

 

Alibaba Group Holding Ltd. CEO Jack Ma demonstrated facial recognition technologies for mobile payment system Alipay at the CeBIT trade fair in Hanover, Germany, according to a report by The Stack.

During his keynote speech, Ma purchased an old souvenir stamp from Hanover on Alibaba.com.

He took a photo of his face onstage using a smartphone facial recognition technology (FRT) interface, which confirmed his identity and completed the payment. He then sent it to the Mayor of Hanover’s office.

“Online payments are always a big headache,” said Ma. “You forget your password, you worry about your security.” The full keynote presentation with demonstration can be viewed here.

Dubbed ‘Smile to Pay’, the beta version of Alipay’s FRT is currently being developed by Ant Financial Services, which operates Alipay, and Beijing-based tech company Megvii’s Face++ technology.

Although it remains to be seen when the facial recognition capabilities will be launched, an Alibaba spokesperson told CNBC that there are “all sorts of possibilities” about launching the service in other countries too.”

Meanwhile, other providers are providing their own authentication features. Apple’s payment service, Apple Pay, is currently offering fingerprint verification via its Touch ID feature, which is available on iPhone 5s, 6, and 6 plus,

Alibaba is also looking into new verification techniques, said an Alibaba spokesperson, including one that would allow users to confirm a purchase by speaking a specific voice phrase command and another that would authorize payments by scanning a tattoo or a pet.

Alibaba has gained a significant following in China with over 300 million registered users since launching as a spinoff of Alipay in 2011.

Previously reported, Alipay announced it will enable Chinese users of the iPhone 5s running iOS 8 to authenticate online payments by scanning their fingerprint.

Article Topics

 |   |   |   |   | 

Latest Biometrics News

 

Reno PD liability in facial recognition arrest lawsuit comes down to training

A lawsuit alleging that facial recognition was improperly used in the arrest of an individual in Reno, Nevada has led…

 

Part 4 of global age assurance standard to cover interoperability

Halloween is the season for sequels, and the age assurance standards community has begun work on another one for the…

 

Greece moves to regulate social media platforms with minimum age of 15

Greece has tabled a bill that would require people to be 15 years of age to have a social media…

 

Airlines, airports demand overhaul of EU biometric border checks

European airlines and airports are calling for structural changes to the EU’s biometric Entry/Exit System (EES), warning that border queues…

 

Google brings age inference to Malaysia as platforms push their own assurance models

As Google rolls out its age assurance model in Malaysia in continuing response to global regulatory shifts, the structure of…

 

Incode’s new network for anonymized fraud signals boosts detection by 53%

Incode is introducing a fraud intelligence-sharing capability based on privacy-preserving data analysis to help its customers identify possible fraud incidents…

Comments

12 Replies to “Alibaba uses facial recognition technology to secure online payments”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Market Intelligence

Biometric Update Podcast

Featured Company

Most Read This Week

White Papers

Latest Webinars

Biometrics Industry Events