Selfies are the latest way to pay — HSBC — “The customer simply blinks into their camera using the ‘selfie mode’. Their identity is then checked against a photo held on a database. If the pictures match, and the customer enters the correct passcode into their banking app, they can transfer up to RMB50,000 (about US$7,600) a day. Previously, they had to use a token device for authenticating and making transfers.”
- Eventbrite brings tap to pay to the events industry
- Biometric card pioneer backs away from payments citing lower-than-expected market uptake
- EU calls for feedback on proposed settlement with Apple over NFC chip access
- Google signs deal to take UPI beyond India
- NFC Forum spells out DPP ambitions in ebook
Post navigation
One comment on this article
Comments are closed.
There is certainly enough information in a face to recognize an individual. A lot ot that information is captured in a photo. That is why we put a photo on a passport and a drivers license and write “Ask 4 Foto ID” on our credit cards.
That said the biometric reference for facial recognition in a banking system is not a simple “photo.” If it were, then the chances of defeating the mechanism with a photo would be very high. That is why Apple’s facial recognition system is so complex and works in three dimensions.