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Global Scans · Biometrics · Weekly Summary


  • [New] JPMorgan Chase is planning a broad roll out of biometric payments with US retailers by early 2025, enabling shoppers to make purchases by scanning their palms or faces. FinExtra
  • The Worldcoin Foundation plans to expand the reach of its iris-scanning Orbs, which are used for biometric identification, with 1,500 Orbs to be distributed to 20 different countries worldwide in the coming months. CryptoGlobe
  • While many organizations are implementing biometric authentication already, the trend for 2024 will see organizations looking for multimodal or multifactor authentication and liveness or behavioural authentication will grow. TSG Training Ltd
  • In 2024, we can expect to see more companies adopting biometric authentication methods, such as fingerprint scanning and facial recognition. TSG Training Ltd
  • The active introduction of digital services will increase the share of passengers using biometric identification on suburban, intercity and international transportation by 2035 to 80%. TAdviser.ru
  • In 2023, we can expect further growth in mobile payment solutions, including biometric authentication, cryptocurrency integrations, and seamless in-app purchases. CompanionLink Software, Inc.
  • In 2024, businesses will implement biometric solutions to enhance security measures and ensure a seamless user experience. TechBullion
  • 19% of U.S. workers could see 50% of their workplace tasks impacted by GPT-4 level systems - a far higher estimate than the MIT researchers' study that focuses solely on computer vision. Time
  • Contactless and Biometric Payments: Walmart's POS system could adopt contactless payment technologies, such as NFC, allowing customers to make transactions without physically swiping or inserting their cards. Robots.net
  • The integration of fingerprint app access control not only exemplifies Apple's unwavering commitment to user security but also underscores the transformative potential of biometric technology in redefining the paradigms of application security and user empowerment. CitizenSide
  • AI-generated fake biometric images are so good that in two years many firms will not accept facial recognition alone for identity verification and authentication. it World Canada
  • More than a decade after it joined the Fido Alliance, Mastercard says its new service will make it easy for businesses to integrate biometrics for users logging into apps or websites and making purchases online. FinExtra
  • Getting consumers to participate in the onboarding process to enroll biometric data could present a potential friction point for U.S. consumers. American Banker
  • Mastercard said banks and merchants may also use its biometric authentication service to verify potentially fraudulent purchases in real time, versus trying to verify a user's identity by sending texts and emails, which are risk-prone. American Banker
  • In 2024, there could be a much broader adoption of behavioral authentication methods, going beyond the ancient method of passwords which is already outdated as well as traditional biometrics like fingerprints and facial recognition. Cognixia
  • Many states have focused on passing new laws to protect health-care and biometric data, which legal experts expect will likely continue as a theme in 2025. Digiday
  • Ten U.S. states and several local jurisdictions have enacted AI-related restrictions such as bans on police use of face recognition or New York City's law, set to take effect in July, that will penalize employers who use automated hiring software. The Plan to Educate the U.S. Senate on AI
  • Biometric technology, such as facial recognition and fingerprint scanning, will continue to evolve in 2023. TechBullion
  • Ethiopia is on track to make digital ID mandatory, in large part because the United Nations plans to use biometric checkpoints at food distribution centers. The Western Journal
  • Honeycomb Insurance (which insures more than $4 billion in residential housing in the US and is backed by Phoenix Insurance) uses a mobile solution that leverages AI and computer vision to assess risks remotely. BCG Global
  • Innovative payment trends such as virtual cards, embedded finance, as well as biometric payments are forecasted to surge in the next few years. Yahoo Finance

Last updated: 24 March 2024



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