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Chinese government warns about vulnerability of residential facial recognition smart door locks

China’s State Administration of Market Regulation has warned people of the “hidden dangers” of smart door locks with facial recognition,…

 

BABB raises £1.4 million to support license application for biometric banking platform

Blockchain banking startup BABB has raised £1.4 million (US$1.78 million) in equity crowdfunded through the Crowdcube platform to support license…

 

Gemalto announces Q3 earnings ahead of major Q4 contract deliveries

Gemalto has reported third quarter earnings of €727 million (US$823 million) for 2018, down 3 percent from the same quarter…

 

BIO-key reviewing Q3 results November 15

BIO-key will host a conference call to review its Q3 results and outlook on Thursday, November 15, 2018 at 10…

 

Banks in China testing facial micro-expression detection for fraud reduction

Chinese financial services provider Ping An has created a technology for detecting users’ involuntary micro-expressions with smartphone cameras to determine…

 

Majority of UK consumers trust fingerprints over PINs and want biometric payment cards today

A majority of people in the UK would use biometric payment cards today if they were offered by their bank,…

 

WTTC plans pilot of end-to-end biometrics for seamless traveler journey

The World Travel & Tourism Council (WTTC) is planning a pilot in which travelers will take a round-trip between Dallas…

 

Aadhaar biometric authentication fine for government benefits but not for identifying dead bodies

The Unique Identification Authority of India (UIDAI) has written to commercial banks and the Reserve Bank of India to clarify…

 

Watrix raises $14M, releases gait recognition solution

Chinese computer vision startup Watrix AI has raised 100 million yuan ($14 million USD) in its pre-A round of fundraising…

 

BioCatch signs up seven tier-one banks in Latin America for behavioral biometric fraud prevention

BioCatch has announced partnerships with seven tier-one banks in Latin America to protect them against the region’s increasing risk of…

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