📈 Business & Markets

That’ll be one palm print, please

Friday, Aug 12, 2022

Image: Amazon

If you need to get your palm read, the place to go is about to be your local Whole Foods, not a fortune-teller. According to multiple recently published reports, Amazon plans to expand its Amazon One palm reading payment system to 65 Whole Foods locations across California in the coming weeks.

✋💳 Talk to the hand… Prior to this expansion, the tech was being tested in a few stores. Here’s how it works: Users link their palm and payment card to the service. Then, all they have to do to complete the checkout process is wave their palm over a scanner.

  • This is different from Amazon’s “Just Walk Out” tech, which was developed in parallel and uses a combo of computer vision, sensor fusion, and deep learning to let you sign into an app once entering a store, shop, and then.. well.. just walk out.
  • It’s also different from other biometric systems like Apple’s Face ID, Touch ID or Samsung Pass – and in a major way. The other systems store biometric data on each individual’s device, whereas Amazon One sends your encrypted palm print to the cloud.

📸 Big picture: Step one of the master plan: roll the tech out in your own stores. Step two: license it to other businesses. Amazon says Amazon One could be used as a replacement for sporting and concert tickets, or even an office keycard.

But many are raising data privacy concerns, given Amazon doesn’t exactly have the cleanest handling record. Plus, it could be compelled to hand over any data it has to the authorities (apparently today’s newsletter has a running theme).

  • Given widespread Amazon One adoption, the company would have access to an individual’s shopping data, streaming data, location, palm print, home security footage (if they use Ring), conversations (if they use Alexa), and – as of last week – an army of floor-plan-mapping robot vacuums.
Share this!

Recent Business & Markets stories

Business & Markets
  |  August 11, 2022

Apple vs. Google: The battle behind the green bubble

📱🥊 Google began its “Get the Message” PR campaign yesterday, taking aim at Apple and reviving the age-old debate that’s divided friend groups, torn apart families, and sowed division throughout the world: green bubble vs. blue bubble.

Peter Nowak & Kyle Nowak
Read More
Business & Markets
  |  August 11, 2022

The latest inflation report just dropped

📝 The Consumer Price Index, the most widely used measure of US inflation, rose 8.5% over the 12-month period ending in July, according to official gov’t figures released yesterday.

Kyle Nowak & Peter Nowak
Read More
Business & Markets
  |  August 9, 2022

Ads are coming to some Lyft rides

🚗📺 According to a blog post published Monday, Lyft has created a business unit called Lyft Media that’ll be introducing in-car tablets allowing riders to track their routes, tip and rate drivers, control the music – and, of course, view ads.

Peter Nowak & Kyle Nowak
Read More

You've made it this far...

Let's make our relationship official, no 💍 or elaborate proposal required. Learn and stay entertained, for free.👇

All of our news is 100% free and you can unsubscribe anytime; the quiz takes ~10 seconds to complete