Tag: Mark of the Beast

Nationwide e-payments to push cashless society goal

AS PART OF Thailand’s aspiration to become a cashless society, the country will soon adopt a new nationwide e-payment method using the so-called QR Code familiar to social media users. The Bank of Thailand has approved plans by five commercial banks to introduce the QR Code e-payment service – Kasikornbank, Siam Commercial Bank, Bangkok Bank, […]

More Businesses Stop Taking Cash

The almighty dollar might be losing its muscle.Cashless businesses are no longer an isolated phenomenon at a slew of small businesses and eateries in neighborhoods across New York City, The New York Times reported.And in Chicago, the Salvation Army is considering accepting credit or debit cards next year, as it continues to look for ways to keep […]

Visa Study: Consumers Want Biometric Authentication, Not Passwords

A recent study has found that consumers are aware of, and are favorably disposed to, authentication methods that don’t include traditional passwords. Sponsored by Visa and conducted by AYTM Market Research, the survey of 1,000 U.S. consumers revealed that biometric authentication methods top the list of preferred password alternatives.Smartphones Give Way to Smarter AuthenticationThe shift […]

Indian court stalls world’s biggest ID database plan

India’s ambitious plans to force its 1.3 billion citizens to use biometric identity cards to access government benefits have fallen foul of the country’s highest court which says the project could undermine rights to privacy.  After finding that the biometric ID, referred to as Aadhaar ID, infringes on the right to privacy, the Supreme Court […]

New BioID PhotoVerify Web Service Provides Convenient and Secure Identity Proofing

“With our new PhotoVerify API, we are happy to offer online services yet another strong tool for hassle-free identity management and authentication.”— Ho Chang, CEO, BioIDThe cloud biometrics company BioID has recently announced BioID PhotoVerify to simplify the process for online providers to use facial recognition to verify legal identities without registration in person or […]

Use of database of driver’s license photos raises questions

Arizona routinely uses facial-recognition software to scan photos of driver’s license applicants to detect identity fraud. The technology is also for other law enforcement purposes, but that is not explicitly disclosed to applicants – a practice that raises eyebrows among some privacy advocates and experts.   Source: Use of database of driver’s license photos raises […]

Could the smart city mean the death of privacy?

As the Internet of Things grows and society becomes more interconnected, millions of citizens are beginning to experience a new kind of lifestyle in smart cities. These futuristic, digitally-dependent cities aren’t entirely without their downsides, however; human rights activist, futurist, and private citizens are increasingly concerned that the advent of smart cities could mean the […]

Yoti aims to provide everyone with a biometric digital identity that works via a smartphone app

Yoti, a British start-up, is trying to establish a global identity system that protects users from both identity theft and having their data collected and exploited. All personal data remains within the Yoti ecosystem, where different elements – name, gender, date of birth etc – are encrypted and stored separately. Only the individual user can […]

Life without cash

As digital innovations continue to transform the way we live, a lot of things we once took for granted are falling by the wayside. Paper money and coins could soon be among them.The use of digital payments in all forms is fast becoming commonplace. A cashless society, once considered remote if not unimaginable, is now […]

Coming soon: A selfie with your credit card application

The selfie is everywhere – Facebook, Instagram, Twitter – and soon your bank could be asking for one in order to approve your purchase or credit card application.Payment processing giant Visa Inc. is launching a platform to allow banks to integrate various types of biometrics – your fingerprint, face, voice, etc. – into approving credit […]