Image Recognition
50 investors managing $4.5 billion issue statementInvestment company Candriam published a call from 50 global institutional investors to the biometrics industry to address the risks to both human rights and investor returns posed by facial recognition. The risks are reputational and operational, as well as to finances and human rights. Characterizing facial recognition technology as “easily accessible, automatic, seamless and cost effective,” the investors note its rapid adoption by law enforcement agencies and businesses. The investors commit to applying the United Nations Guiding Principles on Business and Human Rights (UNGPs) to their analysis of companies involved with facial recognition. Article Topicsaccuracy | biometric identification | biometrics | ethics | facial recognition | law enforcement | regulation | testing