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Identity & Biometrics Insights 2025 (week 1)
The G2 Weekly Podcast delivers insights into the world of identity and biometrics. Each week, the podcast will cover important developments in the field, making it a valuable resource for professionals in various sectors.
(January 1, 2025 - January 7, 2025)
● Deepfake technology is increasingly being exploited by criminals, as evidenced by a recent bust in Hong Kong where a syndicate used deepfakes to scam victims out of $4.37 million USD. The scammers created fake dating profiles and lured victims into cryptocurrency investments. This highlights the need for better deepfake detection technology and increased public awareness.
● The legal battle between Jumio and FaceTec over liveness detection technology is heating up. FaceTec is accusing Jumio of patent infringement and is attempting to disqualify Jumio’s legal counsel. The outcome of the case could impact the biometrics industry.
● Age assurance laws in the U.S. are facing pushback due to concerns about privacy and censorship. While proponents argue that such laws are necessary to protect children, critics argue that they could lead to government overreach.
● Apple is reportedly developing new biometric-enabled smart home devices, including a smart home hub and a facial recognition doorbell. This move could challenge established players like Google and Amazon in the smart home market. Other companies like Durin and Himax are also innovating in this space.
● Digital identity initiatives continue to gain traction globally. Ethiopia has mandated digital IDs for banking, Nigeria is planning to add iris biometrics to its digital ID system, and India is targeting 110 million digital farmer IDs. However, data breaches remain a concern.
Don't miss out on these and other essential updates by subscribing to the Identity Insights: The G2 Weekly Podcast. Stay informed about the latest advancements, challenges, and opportunities in identity and biometrics, a critical area for professionals in banking, fintech, insurance, telco, manufacturing, e-commerce, social, and healthcare
Credit and appreciation go to Google's NotebookLM for transforming my identity and biometrics newsletter into an AI-powered audio podcast!
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By Ralph A. RodriguezThe G2 Weekly Podcast delivers insights into the world of identity and biometrics. Each week, the podcast will cover important developments in the field, making it a valuable resource for professionals in various sectors.
(January 1, 2025 - January 7, 2025)
● Deepfake technology is increasingly being exploited by criminals, as evidenced by a recent bust in Hong Kong where a syndicate used deepfakes to scam victims out of $4.37 million USD. The scammers created fake dating profiles and lured victims into cryptocurrency investments. This highlights the need for better deepfake detection technology and increased public awareness.
● The legal battle between Jumio and FaceTec over liveness detection technology is heating up. FaceTec is accusing Jumio of patent infringement and is attempting to disqualify Jumio’s legal counsel. The outcome of the case could impact the biometrics industry.
● Age assurance laws in the U.S. are facing pushback due to concerns about privacy and censorship. While proponents argue that such laws are necessary to protect children, critics argue that they could lead to government overreach.
● Apple is reportedly developing new biometric-enabled smart home devices, including a smart home hub and a facial recognition doorbell. This move could challenge established players like Google and Amazon in the smart home market. Other companies like Durin and Himax are also innovating in this space.
● Digital identity initiatives continue to gain traction globally. Ethiopia has mandated digital IDs for banking, Nigeria is planning to add iris biometrics to its digital ID system, and India is targeting 110 million digital farmer IDs. However, data breaches remain a concern.
Don't miss out on these and other essential updates by subscribing to the Identity Insights: The G2 Weekly Podcast. Stay informed about the latest advancements, challenges, and opportunities in identity and biometrics, a critical area for professionals in banking, fintech, insurance, telco, manufacturing, e-commerce, social, and healthcare
Credit and appreciation go to Google's NotebookLM for transforming my identity and biometrics newsletter into an AI-powered audio podcast!