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Facebanx Facial Recognition Combats Online Fraud

Posted by DarC 
Facebanx Facial Recognition Combats Online Fraud
April 29, 2013 01:49PM
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"Rampant online fraud and identity theft could be considerably reduced with the help of new, innovative software. The concept is developed by tech company Facebanx and combines video chat with facial recognition technology.

The software has the same name as its developer and was designed as a weapon against online ID fraud. The idea is that any organizations institutions that need to verify someone’s identity will be thus provided with facial recognition techniques which will allow them to compare freshly captured images with those already on a person’s file."

[techbeat.com]



Question is how are they going to rid the world of facebook photos that can be used in place of said face print. :-)
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