A facial biometric authentication service for money transfers has been launched by Korea International Trade Association subsidiary Korea Trade Network (KTNET), in collaboration with biometrics provider Daon and the Korea Smart Authentication Corporation. “This jointly developed facial recognition service can be applied to most smartphones equipped with a selfie camera,” The Korea Herald reports. In addition to mobile apps, BioCA can also be applied to immigration checkpoints at airports, keyless automobiles and property entrances. The service is built on Daon’s IdentityX solution and will also support fingerprint and voice recognition.
- Report: EU antitrust investigators are examining Apple Pay
- EBA sets new Strong Customer Authentication deadline
- Kraft Heinz promotes cheese slices with tamper resistant NFC tags
- Samsung begins global rollout of mobile POS app that lets merchants accept payments on standard Android phones
- Google expands support for transit cards on NFC mobile phones