Biometrics

Consumers ready to switch from Passwords to Biometrics

The all-too-common frustration of forgetting a password may soon become a thing of the past, as people become more comfortable with new forms of biometric authentication. Fingerprint, facial and voice recognition are increasingly becoming ways to authenticate a person for access and payments. They are faster, easier and more secure compared to the traditional use of passwords or PINs, which are difficult to remember and easy to steal. Does this mean the password could soon go away?

Fingerprint authentication moves from phones to payment cards

Visa Pilot in the US enables Fingerprints on Cards to Authenticate Transactions

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Payment cards are gaining new capabilities as Visa has launched a pilot of a new dual-interface (chip- and contactless-enabled) biometric payment card with Mountain America Credit Union and Bank of Cyprus. This will be the first pilot in the U.S. to test an on-card biometric sensor for contactless payments.