{"id":9569,"date":"2018-05-04T07:54:57","date_gmt":"2018-05-04T07:54:57","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=9569"},"modified":"2018-05-22T11:05:04","modified_gmt":"2018-05-22T11:05:04","slug":"invisible-payments-being-testing-in-spain","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/invisible-payments-being-testing-in-spain\/","title":{"rendered":"\u201cInvisible\u201d payments being tested in Spain"},"content":{"rendered":"<p style=\"margin: 0in; margin-bottom: .0001pt; background: white;\"><span style=\"font-family: 'Trebuchet MS','sans-serif'; color: black;\">Spanish banking company BBVA is testing a facial recognition system in its internal cafeterias as part of an effort to make payments \u201cinvisible\u201d. The system is able to recognize user faces as well as their orders and then charge the appropriate fees to the users\u2019 accounts. The application also allows users to share their account with visitors and includes a loyalty program and discounts. So far, more than 1,000 employees have downloaded the experimental application and are participating in the testing. <\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt; background: white;\"><span style=\"font-family: 'Trebuchet MS','sans-serif'; color: black;\">&nbsp;<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt; background: white;\"><span style=\"font-family: 'Trebuchet MS','sans-serif'; color: black;\">The biometric face recognition system is based on Veridas technology and has been developed in collaboration with partner-restaurant Sodexo Iberia. The next stage of development is to attempt to implement such a service at regular self-service restaurants.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-9569 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor 22nd \u2013 29th May'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-22nd-29th-may\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/05\/Untitled-1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-14975\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14975'>\n\t\t\t\tBFC FinTech Monitor 22nd \u2013 29th May\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Overregulation threatens IoT growth in Russia'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/overregulation-threatens-iot-growth-in-russia\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/12\/overregulation-threatens-iot-growth-in-russia-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-11870\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11870'>\n\t\t\t\tOverregulation threatens IoT growth in Russia\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Converse bank to support FinTech startups in Armenia'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/converse-bank-to-support-fintech-startups-in-armenia\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/09\/illustration-of-business-people-avatar_53876-26734-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-10813\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10813'>\n\t\t\t\tConverse bank to support FinTech startups in Armenia\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Spanish banking company BBVA is testing a facial recognition system in its internal cafeterias as part of an effort to make payments \u201cinvisible\u201d. The system is able to recognize user faces as well as their orders and then charge the appropriate fees to the users\u2019 accounts. The application also allows users to share their account &hellip;<\/p>\n","protected":false},"author":5,"featured_media":9570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,384],"tags":[206,70],"class_list":["post-9569","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-fintech","category-spain","tag-identification","tag-payments","b_post_type-the-fintech-world"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=9569"}],"version-history":[{"count":5,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9569\/revisions"}],"predecessor-version":[{"id":9842,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9569\/revisions\/9842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/9570"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=9569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=9569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=9569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}