Face++, the Chinese facial recognition technology startup behind Alibaba’s selfie payments service, has secured an additional $25m in a series B funding round, taking the total raised to $47m... More
Face recognition
82% of UK marketers unaware of NFC OOH advertising
Only 18% of marketers are aware that out-of-home (OOH) advertising campaigns can make use of NFC and QR codes, survey data from Clear Channel UK reveals, despite them citing ‘innovation’ as one of their top buying considerations when under pressure to find new ways to reach mass audiences. More
Windows 10 for mobile gets HCE
Microsoft is to introduce support for host card emulation (HCE) payments in the mobile version of its Windows 10 operating system... More
Microsoft says Hello to biometric security
Windows 10 users will be able to use biometric technology to secure access to their devices, Microsoft has announced... More
Alibaba boss demonstrates selfie payments
Alibaba founder and executive chairman Jack Ma has demonstrated a prototype biometric verification service that could enable a payment to be authorized by simply capturing an image of a mobile phone user’s face. More
First Tech to run biometric triple test
First Tech Federal Credit Union is to run a pilot later this year in partnership with MasterCard that will see cardholders being given the ability to authenticate and verify their transactions using a combination of face, voice and fingerprint verification... More
Young Brits ready to ditch PINs for biometrics
Three quarters of British consumers aged 16 to 24 (76%) say they would feel comfortable using biometric security when making a payment, with more than half keen to see facial recognition, fingerprints and retina scans replace passwords and PIN codes altogether... More
USAA adds face and voice verification to mobile banking app
Financial services group the United Services Automobile Association (USAA) is to enable its members to use biometric authentication, including face and voice verification, to log in to their accounts on their smartphone... More
Finnish cafes to test face recognition
A number of cafes in Helsinki, Finland, are to begin testing a payments service developed by Uniqul that uses the geometric proportions of a customer’s face to verify their identity, Yle reports... More
MasterCard and Visa to create new security standard to replace passwords for online payments
MasterCard is working with Visa to create a new authentication standard for online payments that will gradually replace the 3D Secure protocol with “invisible authentication”, far fewer prompts for passwords and support for a range of biometric technologies... More
Costa Rican bank adds face biometrics to mobile app
Costa Rican bank Grupo Mutual has worked with biometric technology provider FacePhi to build face recognition into its mobile banking app... More
Tip.ly uses face recognition to let users leave tips with their phone
Startup Tip.ly has launched Face Tips, a service that lets users tip service workers by simply taking a photo of the server’s face with a mobile phone. The recipient then has fourteen days to log in to the service using any camera-equipped device to submit their photo and bank details to safely collect their payment. More
Alipay demos biometrics for in-store payments
Chinese online payments giant Alipay demonstrated Alipay Touch, a fingerprint biometric system for its mobile wallet app, at a conference in Beijing earlier this month... More