Just in time for this year’s Money20/20 event in Las Vegas, Goode Intelligence has issued a new report on the growing prominence of biometric technology in payments, entitled, “Biometrics for Payments; Market and Technology Analysis, Adoption Strategies and Forecasts 2018-2023 – Second Edition”. Much of the report’s analysis concerns the same trends outlined in FindBiometrics’…
” Unlike other nascent naked payments technologies aimed at directly linking consumers’ biometric data to their payment accounts, Hitachi’s system revolved around coupons, allowing participants to dispense with the actual paper, and helping merchants to ensure that coupon use is accurately tracked and accounted for.” Hitachi and Japanese telecom KDDI have conducted a trial of…
Biometrics and other innovative methods of authentication will be a key topic at the July Member Meeting of the U.S. Payments Forum, a non-profit cross-industry alliance that encompasses the whole payments ecosystem. Organizers have announced the agenda for this year’s event, and it’s going to kick off with a plenary panel entitled, “Next Generation Consumer…
