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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