British company Facebanx has revealed its online facial recognition technology it claims will?reduce fraud and id theft for organisations operating around the 'net.
It offers an additional step of security that banks, insurance providers and virtually anyone who accepts obligations online can also add for their existing presence online, making certain that individuals registering for his or her services aren't doing this fraudulently. Additionally, it makes certain that the client who's utilizing a services are the one that initially registered.
The Facebanx system asks a person to consider an image of the face utilizing a webcam, smartphone or tablet device having a camera once they subscribe to a brand new banking account, insurance policy, online wallet or any other sensitive service. This face will be registered within the facebanx database to ensure that exactly the same face can not be designated to a new account, or perhaps a different face accustomed to connect to the original account.
Face capture is obtained from an active videos, which utilizes various detail within the recording to make sure that it's not only a still image being organized towards the camera.
"Our product continues to be particularly made to combat fraud and offers a distinctive solution for processors to talk about data to combat multiple functions of fraud," stated Matthew Silverstone, Boss of Facebanx. "We're presently in discussions with numerous processing companies, banks and retailers about adding our software for their CRM.&rdquo
So soon you may be requested to smile for that camera when having to pay for the eBay products. We are unsure of, though, how companies can get around the truth that not everyone is the owner of a webcam.
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Online Face Recognition Facebanx
Facebanx web, smartphone and tablet face recognition tech aims to prevent identity theft online initially made an appearance on http://world wide web.pocket-lint.com on Mon, 15 Apr 2013 12:17:00 +0100
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