A cash payment from a class action settlement may be available to you if BioMetric Impressions Corp. fingerprinted you on or after January 8, 2015. By the end of June 2024, at the latest, payments are anticipated to be made.
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Biometric Settlement Payout Date
The Settlement will end the litigation filed on behalf of individuals who claim they were fingerprinted by BioMetric Impressions Corp. (“BIC”) without first receiving the written permission and disclosures required by the Illinois Biometric Information Privacy Act.
The Settlement Class has been certified by the Court, and the Settlement Agreement has received final approval. You could belong to a class of people who were fingerprinted by BIC during the relevant period and be qualified to receive payment from the Settlement (the “Class”) if you received a notification about the BIC BIPA Settlement.
The Class consists of all individuals who were fingerprinted by BIC: (a) between January 8, 2015, and August 14, 2023; and (b) for whom the State of Illinois did not reimburse BIC for these fingerprinting services by the CMS Contract (as specified in the Settlement Agreement). It is anticipated that payments will be made by the end of June 2024.
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The Mechanics of a Biometric Settlement Payout
A biometric settlement payout involves several key steps:
- Enrollment: Claimants are required to enroll their biometric data with the relevant financial institution or settlement authority. This involves capturing their biometric identifiers in a secure and encrypted manner.
- Verification: On the payout date, claimants must verify their identity using the enrolled biometric data. This process ensures that the person claiming the settlement is indeed the rightful beneficiary.
- Disbursement: Once verified, the funds are disbursed to the claimant’s account or through other predetermined methods such as direct cash withdrawal or electronic transfer.
When will Biometric Settlement be paid?
The Settlement Agreement has received final approval from the Court, and no appeal has been lodged. It is anticipated that you will receive money from the Settlement Fund by the end of June 2024 if you file a legitimate and timely Claim Form.
Payments for Class Members who completed timely and valid Claim Forms are projected to be around $450 due to the volume of claims that were submitted. BIC has consented to establish a $10,850,000 Settlement Fund for members of the Settlement Class.
Provided a class member was fingerprinted by BIC between January 8, 2015, and August 14, 2023 (and the fingerprinting services were not compensated for by the State of Illinois by the CMS Contract), they may be entitled to receive up to $1,000 provided they promptly completed a valid Claim Form.
Benefits of Biometric Settlement Payouts
The adoption of biometric technology in settlements offers numerous advantages:
- Enhanced Security: By tying payouts to biometric verification, the risk of fraud and identity theft is significantly reduced. Only the rightful owner of the biometric data can access the funds, making it nearly impossible for unauthorized individuals to claim settlements.
- Improved Efficiency: Traditional methods of verification, which often involve multiple steps and extensive paperwork, can be time-consuming and prone to errors. Biometric verification streamlines the process, reducing administrative burdens and expediting the disbursement of funds.
- Greater Accessibility: Biometric technology can be particularly beneficial in regions with limited access to traditional banking infrastructure. By using mobile devices equipped with biometric scanners, individuals in remote areas can easily verify their identity and receive settlements without the need for physical bank branches.
- Transparency and Accountability: The use of biometrics creates a clear audit trail of who accessed the funds and enhances transparency and accountability in the settlement process. This can be particularly important in legal and insurance settlements where disputes may arise.
Biometric Settlement Payout Challenges and Considerations
While the benefits are substantial, the implementation of biometric settlement payouts is not without challenges:
- Privacy Concerns: Many people are worried about their privacy when biometric data is collected and stored. It is crucial to ensure that biometric data is stored securely and that robust measures are in place to protect it from breaches and unauthorized access.
- Technical Limitations: Not all individuals may have access to biometric-enabled devices or may face difficulties in using them due to physical conditions or disabilities. Ensuring inclusivity and providing alternative methods of verification is essential.
- Legal and Regulatory Framework: The use of biometrics in financial transactions is subject to various legal and regulatory requirements. Compliance with these regulations is necessary to ensure the legality and acceptance of biometric settlements.
- Cost Implications: Implementing biometric systems can be expensive, both in terms of technology and training. Financial institutions and settlement authorities need to weigh these costs against the benefits to determine the feasibility of adopting biometric payouts.
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