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Recommended reading: paying with facial recognition and Big Data in large corporations

BBVA Innovation Center

09/13/2013 09:29

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This first week of August we tell you how payment systems are evolving, to the point that in Finland you can pay with your face. We also take a closer look at the life of Jack Dorsey, inventor of Twitter and founder of Square, and we present a study on the integration of Big Data in large corporations.
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Payment by means of fingerprints, PIN numbers and mobile phones could be consigned to history. A Finnish start-up, Uniqul, has invented a payment system that uses facial recognition. Your face is your PIN. Terminals are already being prepared in Helsinki to start operating with this system, according to an article in Fast Feed.


To confirm a transaction at the point of sale, the user simply has to show his or her face to a camera, the identification document is checked to verify it, and it is then confirmed by a click on "OK" on a tablet screen.


In an extensive report, Xataka analyzes the life, successes and failures of Jack Dorsay, la mente que está detrás de Twitter y Square. Es interesante cómo el artículo del blog nos relata las luces y sombras de la historia de Twitter y cómo Facebook le arrebata Instagram.


Finally, we present a study by the International Institute of Analytics in which twenty large corporations were interviewed in the first months of 2013 to determine the integration of Big Data with their own systems.

 

One of the most interesting findings was that integration leads to a new outlook on analytical management, that they have called Analytics 3.0.

 

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