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Daily Dashboard | MasterCard Experimenting with Facial Recognition Related reading: EU parliamentary elections: The process and potential digital policy impacts

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CNN reports on a new project by MasterCard that is testing various biometric identifiers—including fingerprints and facial recognition—for authorizing financial transactions. Users would download the MasterCard app, look into their phone screens and blink once to authorize transactions. “The new generation, which is into selfies … I think they’ll find it cool. They’ll embrace it,” said MasterCard’s Ajay Bhalla, noting data would be securely transmitted to company servers. “From a privacy perspective, it’s awful—from a business perspective, I don’t understand why’d they accept that risk,” said Dragos Security’s Robert M. Lee. Nok Nok Labs’ Phillip Dunkelberger downplayed the concerns. “They’re storing an algorithm, not a picture of you. And I’m sure they’re doing all the appropriate stuff to guard it.”
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