A Selfie Secures Mobile Payment
Opportunity
People face many types of fraud when paying with credit or debit card such as paying twice as if there was a fault or withdrawing from a fake ATM that reads the card’s details and copies it, later, on another card that can withdraw from this account. Even the electronic payment is almost safe but phishing exposes us to danger.
Solution
Face++ is a Chinese startup that developed a new technology for facial recognition; it enables people to pay for purchases by taking a selfie then you tap to verify payment. This technology is used by many payment applications to confirm identity by a selfie of a live movement and speech test to prevent fraud as faces are unique; it gives a boost of security and may change the traditional way of financial transactions.
Submit Your Idea Now Send Your Feedback
Egypt Innovate site is not responsible for the content of the comments