Facial Recognition Changing Security and Fraud Prevention Practices
Biometric technology such as facial recognition is changing how companies ensure security and prevent fraud across many industries, says the 2019 CBInsights report.
In the US, interest in facial recognition software is surging, according to CB Insights’ patent analysis tool — and several companies are developing the tech for law enforcement applications. Amazon, for example, is selling its facial recognition technology — called Amazon Rekognition — to law enforcement agencies. The service promises “real-time analysis” of video streams, “face-based user verification” and many other features. In 2018, the company filed a patent that explores additional layers of authentication, including asking users to perform certain actions like “smile, blink, or tilt his or her head," says the report.
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