Source: UK Tech
Revolut is facing a legal challenge potentially worth millions due to its storage of user biometric data in the US.
Court documents from Illinois revealed a class action complaint has been made against the London-based fintech to “put a stop to its unlawful collection, use and storage” of “sensitive biometric data”.
The plaintiff, Tina Haralampopoulos individually and on behalf of others, has accused the unicorn of unfairly collecting user biometric data through the facial recognition technology used in its customer onboarding process, in which new users submit a selfie and images of a passport, driver’s license or other ID.
“The actual biometric uploading process does not disclose any third parties’ participation nor does defendant [Revolut] disclose how applicants’ biometric data is collected, stored, and destroyed,” said the documents.
Illinois passed the Biometric Information Privacy Act (BIPA) in 2008. BIPA requires strict compliance from firms handling biometric data. Requirements include consent from users, disclosure that biometric data is being stored, secure storage of biometric data and the timely destruction of it.
Revolut declined to comment on the situation.
Read full article: https://www.uktech.news/fintech/revolut-court-case-biometric-data-20240110
