February 14, 2016 –
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week.
Financial
A new report by Juniper Research titled “Top 10 disruptive technologies in fintech: 2016” discusses technologies that will do the most to transform e-commerce this year and topping the list are biometrics, federated identity and tokenisation. The report highlights the use of biometric authentication in both Apple Pay and Samsung Pay and the proliferation of fingerprint readers in smartphones as making the biggest difference to ‘payment completion’ today.
New research from MasterCard shows New Zealanders are embracing digital payments with 49% expecting mobile devices, biometrics and wearables to replace cash in ten years’ time. “New Zealanders are early adopters of technology and are increasingly seeking fast, convenient and secure ways to pay,” says Peter Chisnall, MasterCard New Zealand country manager. For the full article click here
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