29 September 2016
Business Intelligence: A Tech Revolution for the Evolution in Compliance

Pay-by-Face you fools

30 March 2012  |  10112 views  |  3 biometric  face pointer

Dutch online and mobile transactions specialist Adyen has unveiled a revolutionary application that lets people make payments using only their faces.

Tapping smartphone and tablet cameras, the Face-ID app requires customers to show their faces and then uses recognition technology to make a match. To confirm they have been correctly identified, the customers just give a thumbs up sign.

Pieter van der Does, CEO, Adyen, boasts: "This has revolutionised existing payment ecosystems and sent initiatives like NFC, QR codes, e-wallets, EMV-Chip and contactless payments back to the stone age."

You can test the technology here, although the app doesn't launch until Sunday. (Hang on...Sunday you say? Ed.)

Comments: (3)

A Finextra member
A Finextra member | 02 April, 2012, 07:26

Cool technology, but people want ways to pay that replace cash or cheque, rather than saving retailers from having to use debit card machines. Plumbers aren't going to be carrying face-recognition apps on an iPad, and that's the guy you want to pay quickly and conveniently.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
A Finextra member
A Finextra member | 02 April, 2012, 10:22

*cough* twins *cough*

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 02 April, 2012, 17:24

Most car drivers - or chauffeurs as they're called in some places - in the housing complex where I live in India migrated to smartphones well before the respective car owners did (many of whom still haven't). A couple of days ago, I saw a janitor at an Indian airport using a tablet. Maybe my experience is one-off but I've begun to wonder if we've got the smartphone / tablet demographics entirely wrong, so I won't be so sure about the plumber...

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

1 April: Thumb insurance for Twitter addicts and NFC chip implants

1 April: Thumb insurance for Twitter addicts and NFC chip implants

01 April 2011  |  17283 views  |  1 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.smartstream-stp.comVisit colt.netVisit capgemini.com

Top topics

Most viewed Most shared
RBS tests demonstrate ability of Ethereum to support a national domestic payments systemRBS tests demonstrate ability of Ethereum...
14322 views comments | 55 tweets | 48 linkedin
Swift beware: Ripple signs banks to global payments steering groupSwift beware: Ripple signs banks to global...
8986 views comments | 33 tweets | 18 linkedin
Banks clubbing together to tackle KYCBanks clubbing together to tackle KYC
8433 views comments | 3 tweets | 9 linkedin
Ripple rudely gatecrashes Sibos partyRipple rudely gatecrashes Sibos party
7713 views comments | 29 tweets | 24 linkedin
BNP Paribas is working with clients on blockchain deploymentBNP Paribas is working with clients on blo...
7341 views comments | 14 tweets | 30 linkedin

Featured job

to c.£100K base, double OTE
London, UK (covering Europe)

Find your next job