Biometrically authenticated mobile payments to break $1 trillion milestone in 2027

Mobile payments - fingerprint scan

The value of the transactions is going to breach $1.2 trillion in five years, says Juniper Research. The value of mobile payments biometrically authenticated is expected to reach $1.2 trillion worldwide by the close of 2027, according to a recent Juniper Research study. The study expects a massive growth rate from the $332 billion the transactions are currently worth. Juniper Research has provided an evaluation of the transition from traditional transaction security methods such as passwords and PINs to biometric authentication of mobile payments, in its paper titled: “Mobile Payment…

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District of Columbia sues Zuckerberg over Cambridge Analytica facial recognition scandal

Facial recognition - Lawsuit - sue

Washington DC filed a lawsuit against the Meta CEO, regarding the privacy breach to its users. On Monday, the District of Columbia filed a lawsuit against Meta CEO Mark Zuckerberg, aiming to hold him personally liable for the Cambridge Analytica facial recognition company scandal. That scandal involved a privacy breach of the personal data of millions of the social media platform’s users. DC Attorney General Karl Racine filed the civil lawsuit against Mark Zuckerberg in the DC Superior Court. In the filing, it accuses Zuckerberg of having a direct role…

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Clearview AI must delete all UK resident facial recognition data

Facial recognition - Delete

The United Kingdom is the fourth country to require the controversial company to do so. Clearview AI, the highly controversial facial recognition company, has been ordered by the United Kingdom’s privacy watchdog, the Information Commissioner’s Office (ICO), to delete all data belonging to the country’s residents. The ICO has also issued Clearview AI a $9.4 million (£7.5 million) fine for failing to be legally compliant. The fine was issued for failing to follow the UK data protection laws with regards to Clearview AI’s facial recognition practices. This is nothing new…

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Facial recognition tech on São Paulo metro hits a wall

People on São Paulo Metro - Facial recognition

The technology will not be moving forward as anticipated after major losses due to civil lawsuit. The company behind the facial recognition system that was supposed to launch in the São Paulo metro will not be able to proceed as intended. The software that would have been used was the center of a massive lawsuit lost by the company. The company behind the São Paulo metro facial recognition software attempted to appeal the decision in the civil lawsuit but had its appeal denied. This is only the latest step in…

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Google deploys artificial intelligence to enhance searches by people in crisis

Artificial intelligence - Searching via Phone

Individuals conducting queries while experiencing personal crises may see more reliable results. Google has announced that it is using artificial intelligence to improve the results produced by its search engine for users who are experiencing a personal crisis. The goal is to offer more reliable, actionable and trustworthy results for people in immediate crisis. The artificial intelligence assisted results are meant to make sure that people who are experiencing suicidal thoughts, substance abuse, sexual assault, or domestic abuse – among other personal crises – will obtain the right reliable and…

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