The New York-based digital identity and biometrics firm states in a press release that it will help the DEO with identity verification and fraud detection to ensure minimal friction and cut down on losses from false claims.
If enacted, the bill would establish several limitations and regulations for the use of artificial intelligence facial recognition by government and law enforcement agencies, as well as completely prohibit the use of facial recognition technology in public and charter schools until 2025.
Biometric Signature ID has been awarded a U.S. General Services Administration contract enabling them to supply goods and services to the Federal Government.
Among the technologies deployed are facial recognition systems replacing manned checkpoints at entrances to commercial venues, and advanced projection mapping solutions that can create virtual environments aiming to replace their real-world equivalents. Also coming are self-service biometric supermarket tills and hotel check-ins via smartphone.
Potentially, additional personal data such as a person’s sexuality, credit score, criminal record, gun license status, and vaccine status could be included in a digital ID.
The Digital Identity Working Group (DIWG), made up of digital identity specialists from eight Digital Government Exchange (DGX) member states across the world, has identified 11 core principles to support international collaboration on the development of mutually recognised and interoperable digital identity systems and infrastructure.
More than three-quarters of those who opened a new financial account in the last year used digital channels to do so. Millennial and Gen Z consumers are more comfortable using digital channels to open accounts, take loans or apply for credit cards than their older cohorts.
The minister says her department is working with SAPO management and its board to reposition the troubled institution to become relevant in the digital era, while working towards the resolution of its financial challenges.
