payments

financial, modality, passwords, payments

Visa: Goodbye, passwords. Hello, biometrics.

Consumers ready to switch from passwords to biometrics, Visa finds (The Paypers)

“Consumers are ready to leave the password behind and adopt biometrics, according to the results from a survey commissioned by Visa.”

The full pdf info-graphic from Visa is available here.

The study of 1,000 U.S. adult consumers who use at least one credit card, debit card, and/or mobile pay account covers a range of topics on biometrics including:

  • Top benefits
  • Top concerns
  • Trusted entities

And more!
Industry News

Amazon files mobile face recognition patent for payments

Amazon will soon accept mobile payments using selfies instead of passwords (Silicon Republic)

Amazon has filed a patent application for technology that will allow users to authenticate a payment using a photo or video in a seamless way that doesn’t necessarily require passwords.

“The user is identified using image information which is processed utilising facial recognition. The device verifies that the image information corresponds to a living human using one or more human-verification processes,” the patent reads.