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15th April 2021, 10:31 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,575
| Secure payments made with your face Next move The next few years will see billions of users regularly using facial recognition technology to secure payments made through their smartphone, tablets or smartwatches, according to a new analysis carried out by Juniper Research. While smartphone owners are already used to the technology to unlock their devices without tapping in a secret code, it is starting to look like facial recognition will be deployed to verify a user's identity making a payment with their handset. In addition to facial features, Juniper Research's analysts predict that a host of biometrics will be used to authenticate mobile payments, including fingerprint, iris and voice recognition. According to the researchers, the report said that biometric capabilities will reach 95 percent of smartphones globally by 2025; by that time, users' biological characteristics will be authenticating over $3 trillion worth of payment transactions -- up from $404 billion in 2020. https://fudzilla.com/news/52680-secu...with-your-face |
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