Facial recognition technology used in the payment system

Boldea, Bogdan Ion; Boldea, Costin Radu

dc.contributor.author	Boldea, Bogdan Ion
dc.contributor.author	Boldea, Costin Radu
dc.date.accessioned	2022-04-06T11:34:24Z
dc.date.available	2022-04-06T11:34:24Z
dc.date.issued	2022
dc.identifier.isbn	978-9975-155-73-1
dc.identifier.uri	https://irek.ase.md:443/xmlui/handle/123456789/1907
dc.description	BOLDEA, Bogdan Ion, BOLDEA, Costin Radu. Facial recognition technology used in the payment system. In: Economic Security in the Context of Sustainable Development [online]: The collection of the Online International Scientific-Practical Conference, 2nd Edition, December 17, 2021. Chişinău: ASEM, 2022, pp. 114-124. ISBN 978-9975-155-73-1.	en_US
dc.description.abstract	This paper show if the facial recognition technology is ready to be used as an alternative to the existing payment methods used by individuals. The retina scan technology and iris scan technology are also presented as alternatives to the facial recognition technology in order to determine if any of the methods is more suitable to be used and to determine how should the next generation payment method look and what are the key factors that need to be taken into account before developing such a technology. The advantages and disadvantages of all technologies are discussed with pros and cons with a group of 220 participants. The case study includes all 220 participants to take part to an online interview followed by a 14 questions survey based on the discussions related to the presented technologies. JEL: E71, EF15, F65,O11.	en_US
dc.language.iso	en	en_US
dc.publisher	ASEM	en_US
dc.subject	facial recognition technology	en_US
dc.subject	iris scan technology	en_US
dc.subject	retina scan technology	en_US
dc.subject	payment methods	en_US
dc.subject	data privacy	en_US
dc.subject	security risk	en_US
dc.title	Facial recognition technology used in the payment system	en_US
dc.type	Article	en_US