#paybyface

[paybyfaceireland]

Revolutionizing Payments in Europe with PAYBYFACE® Biometric Payment & Loyalty Platform.

PayByFace Offers a Unique Bio Metric Payment System, PayByFace takes Customer Loyalty to the next level. PayByFace Makes Digital Advertising Simple and effordable for Small and Large Businesses.

PayByFace continues to add to its suite of value added services included in their Ecosystem.

PayByFace, a innovative Amsterdam-based fintech start-up, announces several country based agreements and subsidiary expansions across several major European markets, including the Netherlands, UK, Ireland, France, Italy, Spain, Switzerland, Germany, Austria, Romania, and Bulgaria.

This is a significant milestone for PayByFace and its journey to both enable and scale biometric facial recognition technology adoption and in our commitment to simplify the future of check-out interactions while remaining fully GDPR compliant with the EU regulation.

PayByFace the future of payments is poised to transform the way European consumers interact with retailers at the check-out, offering unparalleled convenience, loyalty value focus, and enhanced security in the digital era.

For more information reach out to us here at PayByFace Ireland

www.paybyface.ie

#FaceRecognition #PayByFace #Biometricpayment #Futureofpayments #FacialRecognitionPayments #Securecontactlesspayments

[allthebrazilianpolitics]

Mastercard launches retail biometrics program with Brazil pilot

Face and vein biometrics providers partner for authentication options

Mastercard launches its Biometric Checkout Program for ‘pay by smile’ facial recognition payment authentication with Brazil’s Payface at five São Paulo supermarkets. The program will also allow customers to wave their hand over a reader to pay with vein biometrics as the pilots roll out in other markets.

Users will register their biometrics with either a merchant or identity provider app, and either at home or in store. Alongside Payface, other partners include PopID with a similar offering for smile-to-pay technology in the U.S. NEC, PaybyFace and Fujitsu are involved as is India’s Aurus, an innovator in payments.

“The way we pay needs to keep pace with the way we live, work and do business, offering choice to consumers with the highest levels of security,” says Ajay Bhalla, president of Cyber and Intelligence at Mastercard. “Our goal with this new program is to make shopping a great experience for consumers and merchants alike, providing the best of both security and convenience.”

Continue reading.

[justiceheartwatcher]

PayByFace Will Expand its Face Recognition Payments System to the US (VIDEO)

[freelancertamal32]

Mastercafreelancertamal will quickly permit shoppers to pay with a smile or a wave, the corporate has revealed.The funds large introduced it can quickly roll out a brand new Biometric Checkout Program, which is able to lay out a set of standafreelancertamals for banks, retailers, and expertise suppliers to stick to when folks pay utilizing biometrics.The announcement comes alongside analysis that means 74% of world shoppers have a constructive angle towafreelancertamals biometric expertise, and the marketplace for contactless biometrics expertise is projected to achieve $18.6 billion by 2026.  How does it work?Participants in Mastercafreelancertamal’s Biometric Checkout Program, corresponding to small companies taking funds, will be capable to supply shoppers an opportunity to enroll in biometric funds.Once onboafreelancertamaled, Mastercafreelancertamal says prospects will then be capable to merely test the invoice and smile right into a digital camera or wave their hand over a reader to pay.Mastercafreelancertamal highlighted advantages for retailers processing credit score cafreelancertamal funds, corresponding to quicker transaction occasions and shorter strains, in addition to better hygiene and heightened safety.The upcoming funds system may also be built-in with loyalty applications and personalised suggestions to assist shoppers discover merchandise they may be excited by based mostly on earlier purchases accofreelancertamaling to Mastercafreelancertamal.The first pilot is about to be launched this week in Brazil with native start-up Payface and grocery store chain St Marche. The pilot will see Payface’s expertise applied throughout 5 St Marche supermarkets in São Paulo.Mastercafreelancertamal says future pilots are being deliberate for roll-out within the Middle East and Asia, and that its working with companions corresponding to NEC, Aurus, PaybyFace, PopID and Fujitsu.

[supernews]

Mastercard's 'smile to pay' raises concerns around face recognition systems

Mastercard’s “smile to pay” system, announced last week, is supposed to save time for customers at checkouts. It is being trialled in Brazil, with future pilots planned for the Middle East and Asia.

The company argues touch-less technology will help speed up transaction times, shorten lines in shops, heighten security and improve hygiene in businesses. But it raises concerns relating to customer privacy, data storage, crime risk and bias.

How will it work?

Mastercard’s biometric checkout system will provide customers facial recognition-based payments, by linking the biometric authentication systems of a number of third-party companies with Mastercard’s own payment systems.

A Mastercard spokesperson told The Conversation it had already partnered with NEC, Payface, Aurus, Fujitsu Limited, PopID and PayByFace, with more providers to be named. They said “providers need to go through independent laboratory certification against the program criteria to be considered” – but details of these criteria aren’t yet publicly available.

Read more

[electronicstudentwerewolfstuff]

A genuine solution for FinTech and payments: Modex explains how to use blockchain at Gala NoCash 2020

On September 30th, Modex Blockchain Labs, Bucharest – Romania’s first blockchain hub – hosted the Gala NoCash Covid 19th Edition. Payments, FinTech and blockchain experts held 13 keynotes focused on multiple topics: payments (online, biometric and instant), open banking, Artificial Intelligence, Machine Learning, digital lending, digitization of administration, biometric authentication, banking apps marketplace and blockchain.

This year’s edition, which took place in a format imposed by the Covid-19 restrictions, focused on case studies, and the audience was able to follow the keynotes online. After a brief introduction and a welcome speech from the organizers, iSense Solutions presented a market research about the behaviour of financial services consumers in the context of staying at home / working from home.

Up next: DRUID, with a case study on intelligent virtual assistants (chatbots), followed by TBI Bank – Combining physical with digital financing and emerging industries in the financing area, FintechOS & First Bank – Digital Lending Journeys, TypingDNA – A journey towards next-gen authentication for digital channels, Finqware – Open Banking and another use case (digitization of the administration).

Modex, as logistics partner and host of this event, also held a presentation about how players from FinTech and payments can benefit from blockchain technology. 

Payments, transfers and blockchain

After a brief lunch break, the Payments and Transfers sectors came into the spotlight with keynotes from DITL District 3 – the adoption of online payments for taxes, PayByFace – biometric payments / paying with a selfie, Symphopay – optimizing the acceptance network “one POS for all”, Lendrise – case study on Banking Apps Marketplace, eMag – adoption results for “Instant Money Back” service and Modex, which had an insightful keynote about blockchain technology, its evolution and the obvious advantages. Between the keynotes, the audience was able to view trailers for the documentary related to 25 years since the first cards were issued.

NoCash Awards Ceremony

The event ended with the NoCash Awards Ceremony, where awards were given for the best measures taken in the payments and financial services sectors during the coronavirus lockdown, as well as awards for activities from 2019 and 2020. Almost 80 experts have voted in the following categories: Premiere of the Year, Pioneer in the electronic payments industry and Partner of the Year. Gala NoCash Covid 19th Edition was supported by DRUID and FINTECHOS (technology partners), TBI Bank, TypingDNA, Finqware and Symphopay (business partners), Modex (logistics partner) and iSense Solutions (research partner).

Modex – building a better future with blockchain technology

Speaking at the event, Alin Iftemi, Managing Director & Co-founder Modex, stated: “Modex is a Research & Development Company specialized in delivering solutions that make blockchain technology affordable, fast, and easy to adopt for end-users/developers, but also at the enterprise level. We offer fully integrated services designed to solve the last mile adoption problem of blockchain and aim to make blockchain user-friendly. In our opinion, blockchain technology will revolutionize the data protection industry, giving back the control of “personal data” for every citizen or company. We believe that blockchain has enormous potential to enhance the way that individuals, governments and businesses interact, by enhancing trust between these entities.

Alin continued and spoke about the controversy surrounding blockchain: “Many people still associate this technology with cryptocurrencies. To a certain extent, this was expected since there are quite a few who don’t differentiate between email and Internet. What I wanted to point out with this example is that blockchain represents an infrastructure, a groundbreaking technology, and cryptocurrencies are an application using blockchain. To better explain: blockchain is not a speculative technology and if you use it too much you won’t lose money, as some say. Also, blockchain is not a slow technology, as many believe, and it can be used into production. The idea that blockchain is used on the dark web, or for illicit purposes, isn’t true – only cryptocurrencies are used for these.” 

Disrupting the industry with Modex BCDB

Modex’s Managing Director also highlighted the underlying advantages of blockchain: data immutability and integrity, distribution, decentralization (data copied and stored on several nodes helps protect the information), authentication mechanisms (private and public keys). From blockchain engines, Alin then moved to an overview of Modex’s BCDB (Blockchain Database). “Thanks to our innovative solution, blockchain is not a technology hard and expensive to implement anymore, reducing costs and bringing considerable time savings for enterprises. These are the key areas we’ve focused on until now and we will continue to do so while refining and expanding our products and services!”

Alin added: “The financial institutions are the first ones that can benefit from this technology. Following the talks we had with representatives of these institutions until now, I’m glad to see that there’s an openness from their side when it comes to this topic. The only drawback: not all financial institutions from Romania are actually based in Romania and the adoption of blockchain technology should be done with the approval from HQ. In the case of banks, things are procedural and come with processes harder and slower to implement. Even so, I strongly believe that small and medium implementations can be done in Romania, as a first step, using blockchain technology.”

The post A genuine solution for FinTech and payments: Modex explains how to use blockchain at Gala NoCash 2020 appeared first on Modex.

[edufinonline]

Telinfinity în colaborare cu PayByFace® revoluționează piața de plăți în România și la nivel global Telinfinity în colaborare cu PayByFace® își propune să îmbunătățească modul în care se fac plățile prin folosirea selfie-urilor pentru fiecare tip de plată din România. Cele doua companii doresc să contribuie la progresul tehnologic oferind o soluție care vine în

[paybyfaceireland]

PayByFace Ireland | Benefits To Merchants |How PayByFace Works | Reduce ...

[paybyfaceireland]

PayByFace Ireland | Benefits To Merchants |How PayByFace Works | Reduce ...