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T-Money pilots facial recognition tech for touchless payments

News | Digital Identity, Security & Online Fraud | 26 Jan 2021

T-Money has trialled a pilot process to put in place and evaluate a system providing touchless biometric payment for public transportation in Korea using facial recognition tech. 

T-Money, trial, face biometrics, contactless payments, public transportation, facial recognition, Korea

Bank of Korea to pick consulting partner for CBDC

News | Cryptocurrencies | 31 Aug 2020

The Bank of Korea (BOK) has been accelerating its drive for the timely establishment of a central bank digital currency (CBDC) pilot system.

CBDC, architecture, Central banks, central bank digital currency, Bank of Korea, cryptocurrency, pilot, trial

Nets pilots facial recognition payments method in Denmark

News | Online Payments | 09 Dec 2019

Digital payment services provider across Europe Nets has launched a pilot programme, which tests facial recognition as a payment method.

Nets, trial, face payments, Copenhagen, Denmark, digital payments, PSP, Europe, ID card, pilot, facial recognition, merchants

Lawyer behind OneCoin on trial for scamming crypto aficionados

News | Cryptocurrencies | 07 Nov 2019

The trial against Mark Scott, a US lawyer accused of laundering some of the proceeds from OneCoin, has begun in New York.

Onecoin, scam, cryptocurrency, money laundering, trial, tokens, US

Lidl tests mobile payment service in Spain

News | Payments General | 09 Jul 2019

Lidl has started conducting trials in Spain in order to introduce its own payment solution, with tests taking place in some of the stores across the country.

Lidl, Spain, mobile payments, trial, payment solution, mobile app, NFC