The concept of face recognition technology has existed for years, though multiple large-scale attempts to implement it failed. The reason being the lack of scalability and precision. But as time passed, and technology moved towards advancement, everything got changed. The last decade has proved to be a great one for progression in facial recognition.

At the starting of this decade, both the Pinellas County Sheriffs Office and Panama’s Tocumen airport implemented their systems using facial recognition technology. Both of them noticed the impressive results; since the time took to process criminal investigation went down drastically. It resulted in a significant decrease in drug smuggling and other organized crime. The mainstream applications started following next.

In 2012, facebook rolled out its face recognition feature. Whenever your untagged pictures or videos were uploaded on facebook, it used to alert you. Later on, in 2015, Google leveraged the companies’ technologies combining with machine learning algorithms to build Google Photos. Similarly, Apple introduced Face ID in the iPhone X; followed by Amazon Recognition.

Now let’s see what is facial recognition technology and why is it considered to be the next big thing in the technology world?

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What is Facial Recognition?

Facial recognition technology, when introduced at first had one major goal and that was to identify humans. But with the technological advancements, the goals started revolutionizing as well. Now facial recognition is not limited to identify humans but the use of this technology is widespread for identity verification and even emotion reading and detection. Out of all the biometric systems, this technology is the most reliable, intrusive and fastest one.

To verify people, many organizations are integrating this technology with their systems. Instead of asking people for fingerprint or retina scanning, facial recognition technology can timidly capture individuals’ pictures and verify them. In some cases, people aren’t even aware of the process. An example of such case is surveillance cameras that are hidden somewhere. This process is quite beneficial since it removes the feeling of being under surveillance and privacy invasion.

Facial recognition systems are very effective in producing the results due to the use of machine learning and neural network algorithms. Just like our brain subconsciously recognizes different faces of people based on their physical features like the width of the nose, cheekbones, and jawlines symmetry, space between eyes, the height of hairline, etc. face recognition software online needs to do that intentionally The whole process of facial recognition and verification works in three basics steps.

Face Detection – checks for the presence of human faces.

Face Capture – 2D or 3D sensor capture the face and apply algorithms to transform an image to machine-readable data.

Face Matching – Using neural network and machine learning algorithms, the captured face is matched against already stored images.

Real-world Applications of Facial Recognition Technology:

Face recognition and verification are being used by multiple businesses and organizations to meet their desired goals whether it’s for entertainment, security or user experience.

Health Industry:

In the past few years, hospitals and clinics have started using this technology to make patient processing easier and efficient. Capturing the face of the patient, the system matches it to the right record, avoiding record duplication or oversight. Many times it happens that during an emergency situation (e.g. heart attack, accidents, etc.) it is difficult to obtain personal or medical information of the patient-important for medical care. In that situation through facial recognition, the information can be accessed easily and timely.

Moreover, in healthcare industries, the fraudsters are getting pace by exploiting patients’ information and gaining medical and financial advantages on their behalf. For example, identity thieves are taking advantage of health insurance companies by pretending to be someone else and gaining medical benefits. Face verification systems are integrated into the industry to hinder the activities of fraudsters.

Banking Industry:

The banking industry has always been on the hit list of fraudsters and cyber criminals for years due to financial gains. The financial industries have been using the traditional security measures which have proved to be an easy gateway for fraudsters. With the world moving towards digitization, the banking operations have evolved enough to meet the increasing demands of the customers. The advancement of technology has made fraudsters more sophisticated in committing online fraud and cyber crimes; also there has been a relative increase in fraud ratio.

The banks are now using face verification as the primary security check for accessing the account. At first, binary authentication (user id and password) was the only authentication method which was, later on, replaced by 2-Factor authentication. However, both of these verification methods are not secure because the only proof of one’s verification is these credentials. Banks are not using face verification to allow access to users but it is also to ensure the remote presence of an individual at the time of any online transaction. To say that the face of the user serves as the password won’t be an understatement. Also, face ID login is much simpler, faster and hassle-free than traditional IDs.

Online Retailing Industry:

The invention of E-commerce platforms has taken the shopping experience to the next level. With one click, the users can get goods delivered at their doorsteps. But this platform has also attracted fraudsters. Every year e-commerce industry loses millions of dollars because of fraud. The online retailing industry is implementing facial recognition technology to curb online frauds and false charge backs.

Just like the banking industry, e-commerce platforms have implemented facial recognition technology as the primary authentication method. Major retailers incorporating this technology not just for fraud prevention but for improved customer experience as well. For example, Amazon is looking forward to implementing the “Smile to Pay” feature which will require the customers to smile in front of the camera before checking out or confirming the transaction.

What does the future hold?

Face recognition is an emerging technology that is coming up with enormous benefits for individuals as well as industries. It is an incredible technology for the companies as it saves time and resources, improves customer experience, prevents frauds, and even generates new income streams. It is quite difficult to be certain of what lies ahead for this technology. Bt according to experts, that time is not far when our face will replace IDs, credit cards pin numbers and even passports. Given the fact of how convenient this technology is, the prediction is not far-fetched.

Author Bio:

Kevin Martez – Technical Content writing is my passion. I have broad experience in writing for the technical field. I started my writing at the age of sixteen when I was in college. Now I’m already writing for contribution sites as an independent influencer. I wrote many articles on medium and many of them are published in various publications. I wrote many case studies for businesses to let them know the real need for digital transformation of Facial Recognition technology for their business

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The Year 2018 is over.

Let us have a look at the Top 5 technology trends in 2019 that will rule the future, Every now and then there is an innovation going on and technology tends to take a leap. This technology innovations have started making a huge impact on organizations. Most of the manual jobs have taken a hit and replaced by automation or robots. The trends in data science, computing technology and data connectivity has prompted this change in technology trends and today we are going to have a look on one of the top 5 technology trends in 2019 that will rule the future.

We have seen the rise of new digital currency in the form of cryptocurrencies (sorry, still not popular in most parts of the world), artificial intelligence and augmented reality.

Some of these trends will be with us next year, but some new trends will emerge.

 

We have gathered top 5 technology trends that will dominate the IT industry in 2019 and beyond.

1) Artificial Intelligence :

AI has always been in its infancy, but 2019 should change that.

For all this time, the world has grown only to the point that the AI ​​experienced. It has been trained by giving various data to see how he would analyze, reproduce and use them. This concept had many tasks, and one of them was to give up bad solutions. Thus, now the AI ​​is at the stage when quite a bit remains to general use.

In a span of few years, technology experts are predicting that all the software will be using AI at some levels, which will eventually lead to automation in industries. It will be one of the most sought-after, high paying job in the tech industry.

In 2019, organizations will seek to find out how well AI can be integrated into their business.

Read More: How Machine Learning is helping business grow in market?

2) Augmented Reality:

Starting with gamification, marketing and ending with entertainment, augmented reality is one of the important things that you should pay attention to. Augmented reality systems allow you to combine and reproduce the effects of touch, smell, vision (in 3D and more dimensions), and locations to attract the attention of users. AI is also being used widely in healthcare industry to train doctors, nurses and will soon be available easily in smartphones.

This concept has many perspectives for various industries – from art, entertainment, trade and finance to the healthcare industry. In addition to the general application in the entertainment industry, the technology can be used to improve the skills of specialists, the presentation of products … the possibilities are endless. And in 2019 we will meet augmented reality more and more often in various areas.

 

3) Internet Of Things :

It is still we can say early days for IoT technology, but there are lot of opportunities hidden for individuals having data analytics, data science skills to make use of information given from the usage of IoT applications. Now you can connect the surveillance camera with your devices and access the live broadcast from anywhere. The same can be done for a pair of other household appliances. But then how about all your devices going online in real time and even making decisions for you based on your preferences?

This is no longer a fantasy. This is the Internet of things, which will become an every day thing in future for us.

 

4) Machine learning :

Many people make the mistake of confusing it with artificial intelligence. Although this is related to the old concept of AI, this is a new area in and of itself. How else would you explain that you treat a computer as if it has a brain, and that it can be taught to do something that was not programmed? This is machine learning.

This year there have been many scientific breakthroughs in this area. This should continue in 2019, but there will be more implementations and applications to support it.

Analysts expect the machine learning market to grow by more than $ 8 billion in 2021.

 

5) Cyber ​​security:

Cyber security is known as a technique that protects our computers, firewalls, networks, critical server data from any unauthorized attacks or malware which is practiced to steal any organization or company data. Now a days most of the organizations are having their team of cybersecurity experts to take care from any data breach or cyber attack.

Since the advent of the Internet, this is a trend that is relevant every year. With every big and important technology comes a big responsibility in managing, processing and maintaining data. That is why everyone should be protected from cyber attacks.

Personally, you don’t need to spend millions of dollars on cybersecurity. With VPN, you can get the anonymity and security you need.

What is a Firewall?

A firewall is a security system connected with network which monitors and controls all the incoming and outgoing network traffic based strict security rules.

Conclusion:

Finally these were one of the top five technology trends in 2019 that will rule the future. Apart from this, if you are aware on anymore technology trends you can comment below.

Read More: What Are The Emerging Risks From Biometric Technology?