Paying with your face

paymainillustration_0 (1)

Facial recognition has existed for decades, but only now is it accurate enough to be used in secure financial transactions. The new versions use deep learning, an artificial-intelligence technique that is especially effective for image recognition because it makes a computer zero in on the facial features that will most reliably identify a person. Technology from Face++ is already being used in several popular apps. It is possible to transfer money through Alipay, a mobile payment app used by more than 120 million people in China, using only your face as credentials. Meanwhile, Didi, China’s dominant ride-hailing company, uses the Face++ software to let passengers confirm that the person behind the wheel is a legitimate driver. https://www.technologyreview.com/s/603494/10-breakthrough-technologies-2017-paying-with-your-face/

Rate this idea

1 Star2 Stars3 Stars4 Stars5 Stars (10 votes, average: 5.00 out of 5)

What do you think?