Biometrics RSS
Biometrics market to reach $30 billion by 2021
ABI Research is predicting that the overall biometrics market will reach a value of $30 billion by the year 2021. In a statement summarizing recent findings, the market research firm says this will reflect growth of 118% since 2015. The main market driver continues to be mobile fingerprint sensors, which will see 2 billion shipments within [...]
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UK payment cards annual fraud losses hit £567.5 million
Statistics by Financial Fraud Action (FFA) UK show fraud losses on UK payment cards totalled £567.5 million in 2015, representing an 18% increase from £479 million one year before. Significantly, total of £843.6 million of attempted card fraud was actually prevented by banks and card companies, which is the equivalent to £6 in every £10 of [...]
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Capital One integrates voice-powered payments with Amazon Alexa
Capital One customers can now check their balances and pay their bills, voice-powered payments, talking to Amazon’s Alexa virtual assistant. The Alexa assistant works with Amazon’s FireTV and Echo smart speaker systems, enabling users to carry out a host of tasks – from checking the weather to dimming the lights to playing music – through voice [...]
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MasterCard on biometric payments and security
Payments Cards and Mobile interviewed Ajay Bhalla of MasterCard to understand what is hot in the world of biometric payments including selfie pay and securing the further digitisation of payments.
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Consumers want more biometric payments
According to payments networks Visa and MasterCard, consumers are getting much more comfortable with biometric payments. Research from the fourth annual MasterCard Mobile Payments Study finds cardholders increasingly are asking for... more
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