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Press release content from BusinessWire. The AP news staff was not involved in its creation.

SensibleVision: Your Face Is Your Credit Card

June 19, 2018

CAPE CORAL, Fla.--(BUSINESS WIRE)--Jun 19, 2018--SensibleVision, a global developer of mobile artificial intelligence technology, today announced its new 3DWALLET technology, which is designed to let retailers replace card and cash payments - and eliminate the need for checkout lines - through a 3D facial recognition platform that automatically identifies customers and charges them for their purchases.

“The ability to track in-store customer shopping has been around for decades, but the choke point has always been the manual check out process,” said George Brostoff, CEO and co-founder of SensibleVision. “Today’s shoppers are used to instant online purchases, and physical retailers should be able to offer exactly the same level of convenience while making the process even more secure than with credit cards. This is an AI power tool to let brick-and-mortar shops, many of which are in trouble, compete with the digital world when it comes to customer experience. We don’t wait in line when we’re shopping on the Web - and we shouldn’t have to in stores.”

3DWALLET empowers payment processors allowing them to use mounted 3D cameras to quickly scan the faces of shoppers and determine their identities. This process instantly connects shoppers to their preferred method of payment so that the items they select are automatically billed to them. Not only does this speed up and simply the purchasing experience, it also provides an extremely robust level of security. 3DWALLET’s authentication process provides a new level of personal identity protection that will improve the overall security process and protect merchants and consumers from fraudulent transactions.

“We support a complete ecosystem that is 100% opt-in,” says Brostoff. “This is what facial recognition should be - a way to make life easier for people by eliminating the roadblocks to seamless user experiences.”

About SensibleVision

SensibleVision is a global leader in multi-factor biometric-driven authentication technologies leveraging facial recognition. For more than a decade, their patented face authentication and continuous security technology has helped banks, technology companies and other organizations reduce fraud. Their flagship solutions offer quick and continuous authentication for computers, tablets, smartphones and mobile apps.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180619006056/en/

CONTACT: SensibleVision

Richard Berman, 415-359-4906




SOURCE: SensibleVision

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