Biometric retail payments set to get major push with launch of Mastercard platform

A biometric retail payment platform from Mastercard is launching in Brazil with its initial partner Payface, with a host of other biometrics vendors lined up for later rollouts, in a development with major potential impact on the market and the one of the most read stories on Biometric update this week. NEC and SITA’s Miami Airport biometrics deployment is growing again, and Trust Stamp and Vsblty have led a large group of biometrics vendors showing significant financial gains.

Top biometric news of the week

Miami International continues its leadership in the adoption of biometrics at US airports with the expansion of biometric boarding with technology provided by SITA and NEC to all gates by the end of next year. With more than 130 gates, MIA says it will be the largest implementation of airport biometrics in the country.

Mastercard is launching “pay-by-smile” with facial biometrics from Payface, an ID R&D partner, in Brazil as the first implementation of its new retail biometric payment program. The launch consists of a pilot project in five supermarkets in São Paulo. PopID, NEC, PaybyFace, Fujitsu and Aurus are other retail biometric payment system partners.

Vsblty’s 164% year-over-year revenue jump is impressive, but Trust Stamp’s first quarter topped it by 400% as publicly traded biometrics vendors posted strong gains. BIO-key’s revenue increase was relatively modest, but driven by higher recurring revenue, while Precise saw a 39% increase in revenue. Idex, AuthID, Ping Identity, and ForgeRock also provided optimistic updates.

Taiwan added national ID numbers to its digital health passes, in an attempt to compromise with insurance companies complaining that claims could not be authenticated. The insurance industry appears largely dissatisfied, asking that the doctor who diagnoses the claimant also be identified.

A future version of Uganda’s national identity card could include DNA biometrics, according to a government minister, raising concerns about both cost and data privacy. Fingerprints are already being collected and identity coverage is far from complete with the current system, critics point out.

The U.S. Federal Trade Commission should look into whether ID.me misled the government about the type of biometric data it provides, according to a letter from a group of Democratic senators. The request is ostensibly in response to a reversal of public statements about 1:N facial recognition from the company’s CEO.

Aware CCO Rob Mungovan provides practical advice for companies seeking greater security for enhanced and hybrid work environments through biometrics in a guest post. Replacing passwords with biometric authentication can benefit both businesses and employees, but must be done correctly.

The US government is investigating the possibility of manufacturing garments with built-in networked sensors to collect a wide range of information about wearers and their surroundings. The program, abbreviated as “Smart ePants”, is somewhat vague at this early stage on what type of data to collect, but it does include audio and visual information.

Proposals for a $61 million tranche of funding for the EU’s digital identity framework, including the EU digital wallet, will be accepted until mid-August, the European Commission just announced. before the original deadline of May 17. The second set of proposals concerns digital ID wallet pilots, digital signatures and personal identity data sharing.

Digital identity verification needs to become more holistic to provide the level of fraud protection that face-to-face interactions provide, writes IDnow’s director of document management and fraud, Lovro Persen in a Biometric update Guest post. Combined with greater standardization, more detailed checks will combat the document fraud that enables identity theft.

Indonesian Vida has raised over $47 million to boost Southeast Asia’s digital economies through digital identity. The market is a relatively green field in the market, one investor suggested, but the industry as a whole remains hot, with more than $200 million raised since April.

The Biometrics Institute is currently conducting its survey of the biometrics industry to help inform businesses, governments, and universities about the state of the industry. Take the survey here.

The World Bank’s Mission Billion Innovation Challenge is soliciting ideas for solving persistent challenges in the Identification for Development (ID4D) program. A blog post checks the progress made by past winners Simprints and Special Olympics Nigeria.

Mohammed Murad of Iris ID spoke with Biometric update on the floor of IFSEC 2022 about key partnership, multimodal applications and global expansion. The company was showcasing its new Iris Bar at the event, among other biometric devices.

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Article topics

airports | authentication | biometric sensors | biometrics | digital identification | digital identity | facial biometrics | identity verification | retail biometrics | actions