A new British dating app is promising to eradicate Tinder Swindler-style romance fraud, which cost duped daters almost £100m last year, by ensuring that all members complete biometric ID verification before they digitally mingle. Fluttr, which claims to be the first UK online dating app to use such technology to improve user safety, is launching on Valentine's Day in the hope of getting a boost from singletons looking to change their relationship status. The issue of romance fraud, catfishing and fake profiles has been put into the spotlight following the release of Netflix documentary The Tinder Swindler, which tells the true story of a man who went to extraordinary lengths to scam women for millions after meeting them online. The pandemic, when online dating was the only mixing that was allowed, has driven a huge surge in scams costing those duped £92m in the UK last year. "We want to rid the world of Tinder Swindlers and create a safe space free from the fake profiles used to defraud, catfish and abuse online daters," said Rhonda Alexander, the chief executive and co-founder of Fluttr.

Today, Stripe is stepping in to fill that need itself: The company is launching a new product called Stripe Identity -- a self-serve tool that companies can use to verify user identities, with Stripe managing the customer data in an encrypted format, using computer vision and machine learning to "read" and match up government IDs with live selfies. Stripe says the service works in as little as 15 seconds. The service is launching in beta starting today in 30 countries, the company said, but in the meantime, it's already quietly been in use by select partners. They include Discord (as part of its ID verification feature); Peerspace (which runs ID verification when onboarding users and merchants); Shippo (when when it identifies high-risk users and asks them to verify themselves); and other unnamed customers using it to prevent account takeovers. Developers can go here to request access, and it sounds like Stripe will be talking more about the service in general during Stripe Sessions, its developer conference, later this week.

Facial recognition has become one of the most debated technologies of recent times. Tech giants like IBM, Microsoft, Amazon, Google and others have been doing extensive research around it to help enhance numerous consumer applications, enhance security, help organisations go touchless in pandemic and more. While these are large-scale applications, installing facial recognition software into a personal computer can help in various ways such as automated login, use as a biometric for more convenient access, verify personal identity and more. Various organisations are now looking to install facial recognition software into personal computers, and with this article, we take you through nine best facial recognition software for your PC. The custom facial recognition software from Clarifai offers two powerful ways to integrate AI, which are Clarifai API and the portal.

NICOSIA, Cyprus, March 31, 2020 /PRNewswire-PRWeb/ -- AU10TIX, a global cloud-based, machine learning, ID verification, and authentication platform, recently joined the FIDO Alliance. The FIDO Alliance is a cross-industry coalition developing open, interoperable authentication standards that reduce reliance on passwords with authentication that is more secure, private, and easier to use. "Providing safer and compliant solutions, requires us to be at the forefront of global and local regulation while shaping future policies," said Carey Kolaja, President and Chief Operating Officer, AU10TIX. "AU10TIX is certified under ISO/IEC standard, adheres to SOC and CCPA, and is compliant with GDPR. Our vision is to protect consumer identities by creating secure and seamless transactions for our partners and their customers. Trust is critical as we become more globally-connected, and by joining the FIDO Alliance, we will work alongside industry leaders to directly influence the development of standards that will enable leading businesses to build trust, creating a more inclusive and secure world."

Picture a world in which the baseline requirement for a new smartphone is a facial recognition test. You needn't imagine it -- in China, beginning December 1, that's the scrutiny to which the country's over 850 million internet users will be subject, without exception. The Ministry of Electronics and Information Technology said in a late September statement that the rule, which will also prevent people from exchanging their mobile numbers, was necessitated by an uptick in phone and internet fraud. Furthermore, the ministry pledged that it would help to "increase supervision and inspection" and "strengthen assessment accountability" while "supervis[ing] the implementation of work" and the "real-name registration management of telephone users." A rule imposed by the German interior ministry in 2016 requires that domestic telecoms ask customers for ID cards, foreign passports, or temporary ID papers when they buy a SIM card or a cell phone.

When speaking about AI (artificial intelligence) and deep learning technologies, the Chinese are not just innovating at rocket speed, but the businesses are rapidly adopting these technologies in real-life business use cases to optimise customer experience and expanding market reach. Let's have a look at how the Chinese banking and financial industries are using facial recognition in business operations governed by stringent security requirements. As the customer repeatedly progresses his banking and financing needs with a bank or financial institutions, why can't the customer apply for a new product or service, from the comfort of his/her couch at home/office? Alipay (an asset of Alibaba's Ant Financial and world's largest mobile payment platform since 2014 Q2), China Merchants Bank (as of 2015, it ranks third of all Chinese companies for net cash), China CITIC Bank (China's seventh-largest lender in terms of total assets), Bank of Jiangsu and Ping An Bank are using facial recognition API to accomplish remote ID verification, either through the convenience of a mobile app, or a self-service kiosk/ATM/VTM. China Merchants Bank's Self-Service ATM equipped with Facial Recognition Technology for ID Verification Some of these case studies are cited to have only 0.001 error rate at 98% True Positive Rate.