biometric technology RSS
Emerging markets driving biometric authorised payments
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.
Overcoming mobile biometrics challenges in financial services
The vast majority of consumers—93%—prefer biometrics over passwords for authenticating payments or other financial services. This comes as no surprise, as using biometrics is more secure and eliminates the hassle of having to recall a password. However, while 92% of banking professionals want to adopt biometric technology, execution has been inconsistent and only 36% of [...]
The post Overcoming mobile biometrics challenges in financial services appeared first on Payments Cards & Mobile.