Revolut faces US class action suit over biometric data collection

Date:

Share post:

Revolut is being sued in Illinois as part of a class action lawsuit that claims the UK fintech company collected, used, and stored customer biometric data illegally.

Users apply to become Revolut customers by uploading a selfie and pictures of their ID. Then, to confirm that the two photos depict the same person, facial recognition software is employed. Plaintiff Tina Haralampopoulos claims that Revolut violated Illinois’ Biometric Information Privacy Act (BIPA).

The bank is accused of neglecting to obtain written consent or disclose the procedures for collecting, storing, and destroying applicants’ biometric data, as per court documents first made public by the Cook County Record.

Read More: Revolut faces US class action suit over biometric data collection

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Trading Technologies acquires ATEO to expand its post-trade solutions in global markets

Trading Technologies, a global capital markets technology company, has acquired ATEO SAS, a provider of post-trade solutions for...

Fiserv seeks to acquire Shift4 Payments – Reuters

According to Reuters, Fiserv is competing with Amadeus IT Group for the acquisition of payment processor Shift4 Payments. Shift4,...

Oliver Wyman announces acquisition of Innopay

Oliver Wyman, a management consulting firm and a Marsh McLennan business, has announced the completion of its acquisition...

How FinTech-Bank Partnership Can Redefine Digital Banking

As the digital payment ecosystem evolves, banks recognize the importance of partnering with FinTech companies. However, many of...