Friday, March 29, 2024


Next big Fintech push: biometrics?

By DAC000 , in BIometrics Paytech , at November 3, 2020 Tags: ,

Paytech, actually, and it seems probable. Unlike PIN, Chip & PIN or Contactless cards, biometric cards are largely impossible to hack or steal and use without PINs. Both fingerprint and palm reading technology are competing, backed by a broad industry coalition and Amazon respectively. About a one minute read.

Comment: a clear next step in Paytech authentication, fingerprint reading could easily do away with those annoying Contactless spending limits. I suspect the real winner here will be fingerprint reading cards that can also support generic identification services, now that would be a winner!

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