AI machine vision retail payments startup Standard Cognition[https://standard.ai/] has raised $40 million in a Series A funding round, and plans…
Commercial Applications
The commercial application of biometrics refers to biometric systems in retail and customer-facing settings. This includes point-of-sale and payments, access control and identification. Typically, these use palm vein, fingerprint, iris recognition, facial recognition with retail-based systems.
Many biometric class action lawsuits could depend on Illinois Supreme Court harm ruling
There are approximately 100 class actions alleging violations under Illinois’ Biometric Information Privacy Act (BIPA) that could be significantly affected…
“Smile-to-Pay” facial recognition system now at 300 locations in China
Yum China has announced that it has extended its “Smile-to-Pay” facial recognition payment system to more than 300 KFC locations…
Biometric retail technology is ready for its close-up; but are shoppers ready for it?
The global market for retail biometrics is by all accounts in its early stages, and is significantly fragmented between regions….
Incoming attorney general vows to protect Illinois’ biometric privacy legislation
The incoming Attorney General of Illinois, Kwame Raoul, says he will push back against any attempt to weaken the state’s…
Sodexo Ventures invests in self-checkout system based on AI image recognition
Sodexo’s strategic venture capital vehicle, Sodexo Ventures, has invested in AEYE-GO, a Chinese startup focusing on computer vision and artificial…
Hospital maintenance company faces latest potential class action suit under Illinois biometrics law
Pennsylvania-based hospital housekeeping company Xanitos Inc. is the latest company hit with a potential class-action law suit under Illinois’ Biometric…
Facial recognition powers new Lenovo unstaffed convenience store
Lenovo has opened an unstaffed convenience store which uses facial recognition to automatically charge customer accounts for the items they…
Sam’s Club to test future retail technology at new location
The new Dallas location of Walmart-owned member’s only retailer Sam’s Club will include more than 700 cameras, and be a…
Indian telecoms blocked from biometric onboarding to comply with Supreme Court Aadhaar decision
India’s Department of Telecommunications (DoT) has issued notification to the country’s mobile network operators that Aadhaar-based digital authentication for eKYC…
