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According to a new report, biometric authentication will be used to secure $2.5 trillion worth of mobile payment transactions by 2024, an increase of almost 1,000% on the $228 billion... more
The post Biometric authentication of mobile payments to surge 1,000% to $2.5 trillion appeared first on Payments Cards & Mobile.
By 2023, the global biometrics market is predicted to grow by more than 15%, to over $24 billion. Yet, despite many of today’s most commonly-adopted biometric technologies stemming from the... more
The post Emerging markets driving biometric authorised payments appeared first on Payments Cards & Mobile.
The biometrics market as a whole has grown substantially in recent years due in part to accuracy improvements in the algorithms used to support voice biometric authentication as well as... more
While enterprises began introducing biometrics into the authentication process decades ago, the introduction of the technology into mobile devices was the catalyst for the consumerisation of biometric authentication. The first... more
The post Infographic: Strong consumer sentiment toward biometric authentication appeared first on Payments Cards & Mobile.
Mobile payments hit the mass market in 2014 with the introduction of Apple Pay and was hailed as the next revolution in payments. Partnerships with major payment providers such as... more
The post Cards remain king as mobile payments fail to hit the big time appeared first on Payments Cards & Mobile.