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Revolut, the UK-based fintech giant, is currently entangled in a class action lawsuit filed in Illinois, accusing the company of allegedly and unlawfully gathering, utilizing, and storing customers’ biometric data.
During the application process to become a Revolut customer, individuals are required to submit images of their identification documents along with a selfie. The submitted information undergoes facial recognition software verification to confirm the identity of the applicant.
As per court documents initially reported by the Cook County Record, plaintiff Tina Haralampopoulos contends that Revolut has violated Illinois’ Biometric Information Privacy Act (BIPA) by not adequately disclosing the methods of collecting, storing, and disposing of applicants’ biometric data or obtaining secure written consent.
The lawsuit further alleges that Revolut does not disclose the involvement of any third parties in this process.
The court document states, “Utilizing biometric identification software, such as that which Defendant uses in its registration process, exposes consumers to serious and irreversible privacy risks, especially here where it is not clear to consumers that Defendant is collecting their biometric identifiers when they apply to sign up with Defendant.”
The plaintiff seeks a court order declaring that Revolut’s actions are in violation of BIPA, mandating the cessation of biometric data collection, and seeking damages.
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