“Mobile payments could be about to get a lot more personal under a new facial recognition initiative announced today.
Chinese ecommerce titan Alibaba has launched Smile to Pay, which scans users’ faces via their smartphones in order to verify mobile payments.
Alibaba CEO Jack Ma showed off the technology at the CeBIT event in Hannover, however Smile to Pay, currently being developed by Alibaba’s finance arm, Ant Financial, may not see the light of day until 2017
“You forget your password, you worry about the securities … today we show you a new technology in the future how people can buy things online,” he said.”
Read more>>
