![](\"https://www.pymnts.com/wp-content/uploads/2023/12/JPMorgan-Payments.jpg\")
Trustly will begin piloting a biometric solution in Finland this month and then roll it out across other European markets.
\nThe solution, Trustly ID, allows customers to verify their identity through their bank, choose to be remembered for future logins, and then log in and pay at merchants and gaming platforms using facial recognition or fingerprint authentication, the pay-by-bank solution provider said in a Wednesday (March 26) press release.
\nTrustly ID will make its debut as part of the company\u2019s Pay N Play solution for gaming companies, allowing players to verify their identities and access their gaming accounts without manual or bank logins and know your customer (KYC) flows, according to the release.
\n\u201cTrustly ID is a game-changer \u2014 bringing the next evolution of speed, security and convenience to payments,\u201d Daniel Hecker, chief product officer at Trustly Europe, said in the release. \u201cWe are simplifying payments and redefining how customers interact with merchants and gaming platforms.\u201d
\nBiometrics systems are gaining popularity as an authentication method for more and more digital tasks, including retail purchases, because they offer a seamless shopping experience, according to the PYMNTS Intelligence and AWS collaboration, \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile.\u201d
\nThe report found that nearly 60% of the U.S. consumers who made online purchases in the previous month used biometric authentication to validate their transactions. Among the consumers who made purchases on mobile devices, 80% used this method.
\nFacial recognition and fingerprint scans are the most widely used biometric methods for validating online transactions on mobile devices, according to the report.
\nTrustly said in January that it would soon roll out an enhanced version of Pay N Play that would reduce players\u2019 average login time, combine logins and deposits into a single flow, and allow customers to start playing in fewer than 20 seconds.
\nThe company launched the original Pay N Play in 2015 to reduce onboarding time by connecting players to their bank accounts via Trustly\u2019s pay-by-bank platform and enable payments in a logged-out state.
\nThe gaming industry has benefited from Trustly\u2019s solutions that meet regulatory challenges and facilitate seamless deposits for legal online gaming activities, Trustly Chief Product Officer Adam D\u2019arcy told PYMNTS in an interview posted in January.
\nThe post Trustly to Pilot Biometric Solution in Finland Before European Rollout appeared first on PYMNTS.com.
\n", "content_text": "Trustly will begin piloting a biometric solution in Finland this month and then roll it out across other European markets.\nThe solution, Trustly ID, allows customers to verify their identity through their bank, choose to be remembered for future logins, and then log in and pay at merchants and gaming platforms using facial recognition or fingerprint authentication, the pay-by-bank solution provider said in a Wednesday (March 26) press release.\nTrustly ID will make its debut as part of the company\u2019s Pay N Play solution for gaming companies, allowing players to verify their identities and access their gaming accounts without manual or bank logins and know your customer (KYC) flows, according to the release.\n\u201cTrustly ID is a game-changer \u2014 bringing the next evolution of speed, security and convenience to payments,\u201d Daniel Hecker, chief product officer at Trustly Europe, said in the release. \u201cWe are simplifying payments and redefining how customers interact with merchants and gaming platforms.\u201d\nBiometrics systems are gaining popularity as an authentication method for more and more digital tasks, including retail purchases, because they offer a seamless shopping experience, according to the PYMNTS Intelligence and AWS collaboration, \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile.\u201d\nThe report found that nearly 60% of the U.S. consumers who made online purchases in the previous month used biometric authentication to validate their transactions. Among the consumers who made purchases on mobile devices, 80% used this method.\nFacial recognition and fingerprint scans are the most widely used biometric methods for validating online transactions on mobile devices, according to the report.\nTrustly said in January that it would soon roll out an enhanced version of Pay N Play that would reduce players\u2019 average login time, combine logins and deposits into a single flow, and allow customers to start playing in fewer than 20 seconds.\nThe company launched the original Pay N Play in 2015 to reduce onboarding time by connecting players to their bank accounts via Trustly\u2019s pay-by-bank platform and enable payments in a logged-out state.\nThe gaming industry has benefited from Trustly\u2019s solutions that meet regulatory challenges and facilitate seamless deposits for legal online gaming activities, Trustly Chief Product Officer Adam D\u2019arcy told PYMNTS in an interview posted in January.\nThe post Trustly to Pilot Biometric Solution in Finland Before European Rollout appeared first on PYMNTS.com.", "date_published": "2025-03-26T10:54:54-04:00", "date_modified": "2025-03-26T10:54:54-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/03/Trustly-biometric-Finland.png", "tags": [ "authentication", "Biometric Authentication", "Biometrics", "digital transformation", "EMEA", "Gaming", "identity verification", "News", "Pay By Bank", "PYMNTS News", "Technology", "Trustly", "Trustly ID", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2426836", "url": "https://www.pymnts.com/news/biometrics/2025/jpm-to-offer-payment-terminals-with-biometric-authentication/", "title": "JPM to Offer Payment Terminals With Biometric Authentication", "content_html": "J.P. Morgan Payments has unveiled two new proprietary payment terminals that integrate in-store biometric authentication with payment capabilities.
\nThe terminals \u2014 a payment tablet called J.P. Morgan Paypad and a payment pin pad called J.P. Morgan Pinpad \u2014 are scheduled to be released in the United States in the second half and rolled out internationally after that, the company said in a press release emailed to PYMNTS.
\nThe new hardware will join J.P. Morgan Payments\u2019 full-stack omnichannel solution that is designed for businesses of all sizes, according to the release.
\nThe J.P. Morgan Paypad and Pinpad will enable merchants to accept payment methods like chip, contactless, swipe, QR code and biometric authentication, the release said.
\nThey are equipped with facial recognition and infrared palm vein cameras; Wi-Fi, cellular, USB and Ethernet connectivity; and PCI PTS V6 and future PCI PTS V7 compliance, per the release.
\nBoth terminals also feature a lightweight design and can be powered by rechargeable batteries or plugged in, making them suitable for a variety of retail environments, the release said.
\nNearly half of online shoppers in the U.S. use some type of biometric authentication method for purchasing online, and around 15% said they are interested in doing so in the future, according to the PYMNTS Intelligence and AWS collaboration, \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile.\u201d
\nThe report found that facial recognition and fingerprint scans are the most widely used biometrics methods, with more than 1 in 4 consumers using one of these to validate their online transactions on their smartphones.
\nIn an earlier deployment of biometric payments, J.P. Morgan Payments said in May 2024 that it partnered with South Florida Motorsports (SFM) to facilitate both on-site and online purchases of merchandise for a Formula One race being held that month in Miami.
\nThe post JPM to Offer Payment Terminals With Biometric Authentication appeared first on PYMNTS.com.
\n", "content_text": "J.P. Morgan Payments has unveiled two new proprietary payment terminals that integrate in-store biometric authentication with payment capabilities.\nThe terminals \u2014 a payment tablet called J.P. Morgan Paypad and a payment pin pad called J.P. Morgan Pinpad \u2014 are scheduled to be released in the United States in the second half and rolled out internationally after that, the company said in a press release emailed to PYMNTS.\nThe new hardware will join J.P. Morgan Payments\u2019 full-stack omnichannel solution that is designed for businesses of all sizes, according to the release.\nThe J.P. Morgan Paypad and Pinpad will enable merchants to accept payment methods like chip, contactless, swipe, QR code and biometric authentication, the release said.\nThey are equipped with facial recognition and infrared palm vein cameras; Wi-Fi, cellular, USB and Ethernet connectivity; and PCI PTS V6 and future PCI PTS V7 compliance, per the release.\nBoth terminals also feature a lightweight design and can be powered by rechargeable batteries or plugged in, making them suitable for a variety of retail environments, the release said.\nNearly half of online shoppers in the U.S. use some type of biometric authentication method for purchasing online, and around 15% said they are interested in doing so in the future, according to the PYMNTS Intelligence and AWS collaboration, \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile.\u201d\nThe report found that facial recognition and fingerprint scans are the most widely used biometrics methods, with more than 1 in 4 consumers using one of these to validate their online transactions on their smartphones.\nIn an earlier deployment of biometric payments, J.P. Morgan Payments said in May 2024 that it partnered with South Florida Motorsports (SFM) to facilitate both on-site and online purchases of merchandise for a Formula One race being held that month in Miami.\nThe post JPM to Offer Payment Terminals With Biometric Authentication appeared first on PYMNTS.com.", "date_published": "2025-01-13T13:58:30-05:00", "date_modified": "2025-01-14T14:10:34-05:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/01/JPM-payment-biometric-authentication.png", "tags": [ "authentication", "Biometric Authentication", "Biometrics", "facial recognition", "J.P. Morgan Payments", "JPMorgan Chase", "News", "omnichannel", "Payment Methods", "PYMNTS News", "Technology", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2422152", "url": "https://www.pymnts.com/news/biometrics/2025/global-live-events-industry-focuses-biometrics/", "title": "Global Live Events Industry Focuses on Biometrics in 2025", "content_html": "Biometrics are increasingly being adopted for use at sports and other live events.
\nThe technology is being used to enhance ticketing, credentialing, and sales of concessions, merchandise and alcohol, BiometricUpdate.com reported Tuesday (Dec. 31).
\nThe report cited examples of solutions being deployed by companies and leagues in the United States, Europe and Latin America.
\nAmong the firms offering biometric solutions for live events are Wicket, Veridas, Clear and NEC, according to the report.
\nIn addition, almost half of venues in the global live events industry consider biometrics a top initiative for 2025, the report said.
\nRecent deployments include a face biometrics solution at the 85,000-capacity M\u00e2s Monumental in Buenos Aires, Argentina, and a biometric identity verification solution at a Betplay League final at the Atanasio Girardot stadium in Medell\u00edn, Colombia, per the report.
\nOne biometric ticketing system, the MLB\u2019s Go-Ahead Entry, can reduce wait times when entering the stadium by as much as 68%, according to the PYMNTS Intelligence report \u201cNovel ID Verification Technologies in Stadiums Can Change the Game Beyond Sports.\u201d
\nGo-Ahead Entry, which links facial recognition with ticket accounts to make the process touchless, quick and secure, is just one example of how digital identity verification and blockchain-based ticketing are helping stadium operators enhance the fan experience, the report found.
\nAt the same time, these solutions often face privacy concerns from fans worried about data misuse and surveillance. These concerns can be mitigated by stadiums employing solutions like barcode scanning, working within regulatory limits, and balancing inclusivity and reliability, per the report.
\nBiometrics are being deployed in other sectors as well.
\nMastercard said in November that it plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by replacing this process with a new one enabled by a combination of tokenization and biometric authentication. The company plans to make this change globally by 2030.
\nIn September, Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. With a one-time enrollment, a Visa payment token will be bound to the biometric template of each participant\u2019s palm, allowing them to make future payments just by waving their palm.
\nFor all PYMNTS digital transformation coverage, subscribe to the daily Digital Transformation Newsletter.
\nThe post Global Live Events Industry Focuses on Biometrics in 2025 appeared first on PYMNTS.com.
\n", "content_text": "Biometrics are increasingly being adopted for use at sports and other live events.\nThe technology is being used to enhance ticketing, credentialing, and sales of concessions, merchandise and alcohol, BiometricUpdate.com reported Tuesday (Dec. 31).\nThe report cited examples of solutions being deployed by companies and leagues in the United States, Europe and Latin America.\nAmong the firms offering biometric solutions for live events are Wicket, Veridas, Clear and NEC, according to the report.\nIn addition, almost half of venues in the global live events industry consider biometrics a top initiative for 2025, the report said.\nRecent deployments include a face biometrics solution at the 85,000-capacity M\u00e2s Monumental in Buenos Aires, Argentina, and a biometric identity verification solution at a Betplay League final at the Atanasio Girardot stadium in Medell\u00edn, Colombia, per the report.\nOne biometric ticketing system, the MLB\u2019s Go-Ahead Entry, can reduce wait times when entering the stadium by as much as 68%, according to the PYMNTS Intelligence report \u201cNovel ID Verification Technologies in Stadiums Can Change the Game Beyond Sports.\u201d\nGo-Ahead Entry, which links facial recognition with ticket accounts to make the process touchless, quick and secure, is just one example of how digital identity verification and blockchain-based ticketing are helping stadium operators enhance the fan experience, the report found.\nAt the same time, these solutions often face privacy concerns from fans worried about data misuse and surveillance. These concerns can be mitigated by stadiums employing solutions like barcode scanning, working within regulatory limits, and balancing inclusivity and reliability, per the report.\nBiometrics are being deployed in other sectors as well.\nMastercard said in November that it plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by replacing this process with a new one enabled by a combination of tokenization and biometric authentication. The company plans to make this change globally by 2030.\nIn September, Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. With a one-time enrollment, a Visa payment token will be bound to the biometric template of each participant\u2019s palm, allowing them to make future payments just by waving their palm.\nFor all PYMNTS digital transformation coverage, subscribe to the daily Digital Transformation Newsletter.\nThe post Global Live Events Industry Focuses on Biometrics in 2025 appeared first on PYMNTS.com.", "date_published": "2025-01-02T18:03:09-05:00", "date_modified": "2025-01-02T18:03:09-05:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/01/biometrics-live-events-MLB.jpg", "tags": [ "authentication", "Biometrics", "digital identity", "digital transformation", "entertainment", "identity verification", "MLB", "News", "PYMNTS News", "Technology", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2289513", "url": "https://www.pymnts.com/news/biometrics/2024/visa-tencent-launch-pay-by-palm-solution-singapore/", "title": "Visa and Tencent to Launch Pay-by-Palm Solution in Singapore", "content_html": "Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets.
\nThe collaboration brings together Tencent\u2019s palm recognition technology and Visa\u2019s payment token and other technology, the companies said in a Wednesday (Nov. 6) press release.
\nThe pay-by-palm service will start with a pilot program in Singapore that will include Visa cardholders from participating banks \u2014 including DBS, OCBC and UOB \u2014 and a caf\u00e9 called Alchemist, according to the release. It will then expand in the future.
\n\u201cOur aim is to enhance the payment experience and ensure that our customers can enjoy seamless transactions with the highest level of security,\u201d Adeline Kim, Visa country manager for Singapore and Brunei, said in the release.
\nDuring the pilot program, participants will enroll at the merchant\u2019s point of sale by tapping their Visa card, scanning their palm and completing a one-time authentication, according to the release.
\nBy completing that one-time enrollment, a Visa payment token will be bound to the biometric template of their palm, the release said. In the future, they will be able to make payments to participating merchants by just waving their palm.
\nThe Tencent Palm hardware and software promises safety and security by verifying both palm prints and unique patterns of veins under the skin and by encrypting user data, per the release.
\nMost consumers who have used biometric solutions like pay by palm as an authentication method prefer this technology to other solutions, according to the PYMNTS Intelligence report \u201cConsumer Authentication Preferences for Online Banking and Transactions.\u201d
\nThe benefits of palm biometric payments extend to consumers and businesses, the report found. Consumers enjoy the convenience of completing transactions with a quick scan of their palm, while businesses benefit from increased efficiency and security.
\nAnother company that has deployed a palm payment tool is Amazon, which said in March that its Amazon One service is available at over 500 Amazon-owned Whole Foods stores, several of Amazon\u2019s own stores, and a range of third-party locations that have partnerships with Amazon.
\nThe post Visa and Tencent to Launch Pay-by-Palm Solution in Singapore appeared first on PYMNTS.com.
\n", "content_text": "Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets.\nThe collaboration brings together Tencent\u2019s palm recognition technology and Visa\u2019s payment token and other technology, the companies said in a Wednesday (Nov. 6) press release.\nThe pay-by-palm service will start with a pilot program in Singapore that will include Visa cardholders from participating banks \u2014 including DBS, OCBC and UOB \u2014 and a caf\u00e9 called Alchemist, according to the release. It will then expand in the future.\n\u201cOur aim is to enhance the payment experience and ensure that our customers can enjoy seamless transactions with the highest level of security,\u201d Adeline Kim, Visa country manager for Singapore and Brunei, said in the release.\nDuring the pilot program, participants will enroll at the merchant\u2019s point of sale by tapping their Visa card, scanning their palm and completing a one-time authentication, according to the release.\nBy completing that one-time enrollment, a Visa payment token will be bound to the biometric template of their palm, the release said. In the future, they will be able to make payments to participating merchants by just waving their palm.\nThe Tencent Palm hardware and software promises safety and security by verifying both palm prints and unique patterns of veins under the skin and by encrypting user data, per the release.\nMost consumers who have used biometric solutions like pay by palm as an authentication method prefer this technology to other solutions, according to the PYMNTS Intelligence report \u201cConsumer Authentication Preferences for Online Banking and Transactions.\u201d\nThe benefits of palm biometric payments extend to consumers and businesses, the report found. Consumers enjoy the convenience of completing transactions with a quick scan of their palm, while businesses benefit from increased efficiency and security.\nAnother company that has deployed a palm payment tool is Amazon, which said in March that its Amazon One service is available at over 500 Amazon-owned Whole Foods stores, several of Amazon\u2019s own stores, and a range of third-party locations that have partnerships with Amazon.\nThe post Visa and Tencent to Launch Pay-by-Palm Solution in Singapore appeared first on PYMNTS.com.", "date_published": "2024-11-08T11:23:00-05:00", "date_modified": "2024-11-08T11:23:00-05:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/10/Visa.jpg", "tags": [ "APAC", "authentication", "Biometrics", "Digital Payments", "international", "News", "partnerships", "Pay by palm", "PYMNTS News", "Security", "Singapore", "Technology", "tencent", "tokenization", "Visa", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2264906", "url": "https://www.pymnts.com/news/biometrics/2024/mlb-hopes-facial-recognition-program-scores-with-fans/", "title": "MLB Hopes Facial Recognition Program Scores With Fans", "content_html": "As the Major League Baseball (MLB) postseason kicks off this week, the league hopes to expand its facial recognition entry program known as Go-Ahead Entry.
\n\u201cGo-Ahead Entry is a completely optional, fast and easy, hands-free, free-flow entry experience, where fans don\u2019t need to stop or get their phone out to scan a ticket,\u201d MLB spokesperson Karri Zaremba, senior vice president of product \u2013 ballpark experience and ticketing, told PYMNTS. \u201cThe main goals of Go-Ahead Entry are to address fan feedback about having to wait in lines at the gate and convert what was previously a potentially frustrating experience into a welcoming and delightful experience.\u201d
\nGo-Ahead Entry is available at seven stadiums for the following teams: Philadelphia Phillies, Houston Astros, San Francisco Giants, Washington Nationals, Kansas City Royals, Cincinnati Reds and Tampa Bay Rays.
\nTo enroll in Go-Ahead Entry, fans can go to the MLB Ballpark app where they can take a selfie, which is converted into a unique numerical token that\u2019s associated with the fan\u2019s MLB account, Zaremba said. This makes any tickets the fan has eligible for Go-Ahead Entry at any ballpark where the program is available.
\n\u201cThe image itself is immediately discarded,\u201d Zaremba said. \u201cThen, when a fan walks through a clearly marked Go-Ahead Entry lane, the Go-Ahead cameras, enabled by our service provider, will perform the same process to see if there is a match. Go-Ahead Entry enrollees will then have any tickets for that event automatically validated. Go-Ahead Entry is typically paired with free-flow security screening technology to ensure the entire entry experience is free-flow, so all fans have to do is simply walk straight in.\u201d
\nThe information MLB collects via the program is secure, according to a frequently asked questions section on the Go-Ahead Entry webpage.
\n\u201cWe have implemented technical, administrative and physical security measures designed to protect fan information from unauthorized access, disclosure, use and modification that follow or exceed industry standards for security,\u201d the page said.
\nEnrollment in the program is restricted to adults, but children can enter the game with an enrolled adult as part of a ticketed group if their tickets are linked.
\n\u201cThe overwhelming majority of fan feedback has been extremely favorable, with 98% of fans surveyed who have used Go-Ahead Entry saying their experience was positive,\u201d Zaremba said. \u201cIn addition to Go-Ahead Entry being 68% faster than traditional ingress lanes, MLB Clubs say Go-Ahead Entry also provides a \u2018surprise and delight\u2019 moment to fans entering the ballpark, where gate attendants can greet the fan by name as they welcome them to the game. The most consistent feedback we\u2019ve received from fans is, \u2018When will this be at all gates?\u2019 So, we\u2019re seeing a lot of demand for Go-Ahead Entry to be available across more gate locations and entrances.\u201d
\nDuring the offseason, MLB will evaluate the implementation of Go-Ahead Entry at more stadiums, Zaremba said.
\nFor all PYMNTS digital transformation coverage, subscribe to the daily Digital Transformation Newsletter.
\nThe post MLB Hopes Facial Recognition Program Scores With Fans appeared first on PYMNTS.com.
\n", "content_text": "As the Major League Baseball (MLB) postseason kicks off this week, the league hopes to expand its facial recognition entry program known as Go-Ahead Entry.\n\u201cGo-Ahead Entry is a completely optional, fast and easy, hands-free, free-flow entry experience, where fans don\u2019t need to stop or get their phone out to scan a ticket,\u201d MLB spokesperson Karri Zaremba, senior vice president of product \u2013 ballpark experience and ticketing, told PYMNTS. \u201cThe main goals of Go-Ahead Entry are to address fan feedback about having to wait in lines at the gate and convert what was previously a potentially frustrating experience into a welcoming and delightful experience.\u201d\nGo-Ahead Entry is available at seven stadiums for the following teams: Philadelphia Phillies, Houston Astros, San Francisco Giants, Washington Nationals, Kansas City Royals, Cincinnati Reds and Tampa Bay Rays.\nTo enroll in Go-Ahead Entry, fans can go to the MLB Ballpark app where they can take a selfie, which is converted into a unique numerical token that\u2019s associated with the fan\u2019s MLB account, Zaremba said. This makes any tickets the fan has eligible for Go-Ahead Entry at any ballpark where the program is available.\n\u201cThe image itself is immediately discarded,\u201d Zaremba said. \u201cThen, when a fan walks through a clearly marked Go-Ahead Entry lane, the Go-Ahead cameras, enabled by our service provider, will perform the same process to see if there is a match. Go-Ahead Entry enrollees will then have any tickets for that event automatically validated. Go-Ahead Entry is typically paired with free-flow security screening technology to ensure the entire entry experience is free-flow, so all fans have to do is simply walk straight in.\u201d\nThe information MLB collects via the program is secure, according to a frequently asked questions section on the Go-Ahead Entry webpage.\n\u201cWe have implemented technical, administrative and physical security measures designed to protect fan information from unauthorized access, disclosure, use and modification that follow or exceed industry standards for security,\u201d the page said.\nEnrollment in the program is restricted to adults, but children can enter the game with an enrolled adult as part of a ticketed group if their tickets are linked.\n\u201cThe overwhelming majority of fan feedback has been extremely favorable, with 98% of fans surveyed who have used Go-Ahead Entry saying their experience was positive,\u201d Zaremba said. \u201cIn addition to Go-Ahead Entry being 68% faster than traditional ingress lanes, MLB Clubs say Go-Ahead Entry also provides a \u2018surprise and delight\u2019 moment to fans entering the ballpark, where gate attendants can greet the fan by name as they welcome them to the game. The most consistent feedback we\u2019ve received from fans is, \u2018When will this be at all gates?\u2019 So, we\u2019re seeing a lot of demand for Go-Ahead Entry to be available across more gate locations and entrances.\u201d\nDuring the offseason, MLB will evaluate the implementation of Go-Ahead Entry at more stadiums, Zaremba said.\nFor all PYMNTS digital transformation coverage, subscribe to the daily Digital Transformation Newsletter.\nThe post MLB Hopes Facial Recognition Program Scores With Fans appeared first on PYMNTS.com.", "date_published": "2024-10-01T13:27:19-04:00", "date_modified": "2024-10-01T13:29:38-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/10/baseball-facial-recognition-biometrics.jpg", "tags": [ "authentication", "Baseball", "Biometrics", "digital identity", "digital transformation", "entertainment", "Go-Ahead Entry", "identity verification", "MLB", "Mobile Applications", "News", "PYMNTS News", "Security", "Technology" ] }, { "id": "https://www.pymnts.com/?p=2100298", "url": "https://www.pymnts.com/news/biometrics/2024/what-payments-professionals-should-know-about-biometric-b2b-payments/", "title": "What Payments Professionals Should Know About Biometric B2B Payments", "content_html": "There are over 8 billion people alive on earth, and their growing expectations around frictionless and secure digital experiences are continually transforming payments and commerce.
\nUnderpinning that is the emerging need for a digital identity layer. With the news that Google Wallet on Thursday (Sept. 12) unveiled a suite of new features \u2014 among them the ability to create digital IDs for use at select\u00a0TSA checkpoints \u2014 financial institutions (FIs) and payment solution providers have new ways to leverage biometric authentication, addressing identity authentication pain points.
\nWith transactions growing in complexity, volume and value, there is a heightened demand for security, efficiency and seamless experiences. In both consumer and B2B landscapes, digital payments are booming, but this growth is accompanied by rising fraud threats and the complexities of identity verification.
\nBiometrics, or the use of unique biological characteristics such as fingerprints, facial recognition or voice patterns for identification and authentication, is emerging as a powerful solution to address several of these pain points. This technology offers not just enhanced security but also the potential to streamline payment processes, making it particularly valuable where stakes are high and transactions more complex.
\nRead more:\u00a03 Big Ideas From PYMNTS Intelligence\u2019s Digital Wallets UK Report
\nAs the digital economy grows, so does the need for secure and reliable identity verification. In many cases, payment fraud occurs not because of vulnerabilities in the payment process itself but because of weaknesses in identity verification.
\nBy integrating biometrics into digital identity verification, businesses can significantly reduce the risk of account takeovers and synthetic identity fraud. Biometric data provides a unique, immutable marker that ties the individual to the account, making it more difficult for fraudsters to create fake identities or gain unauthorized access.
\n\u201cWe\u2019re excited about the potential of future\u00a0technologies\u00a0like biometrics and behavioral analytics in further streamlining\u00a0authentication\u00a0while enhancing security,\u201d Brad Rosenfeld,\u00a0chief marketing officer at\u00a0Prove Identity, told PYMNTS, adding that \u201cmarkets like Brazil and India are rapidly embracing mobile-first solutions and are fully on board with\u00a0digital transformation, with everyone looking for new ways to work with financial services.\u201d
\nAccording to \u201cDigital Wallets Beyond Financial Transactions: A Global Perspective,\u201d a\u00a0PYMNTS Intelligence\u00a0and Google Wallet collaboration, 70% of consumers across Brazil, France, Germany, the U.K. and the U.S. use\u00a0digital wallets.
\n\u201cDigital wallets are on a\u00a0hockey-stick trajectory right now,\u201d\u00a0Chuck Fagan, president and CEO of\u00a0Velera \u2014 the newly rebranded PSCU/Co-op Solutions \u2014 told PYMNTS.
\nAs governments and regulatory bodies increase pressure on businesses to comply with stricter know your customer (KYC) and anti-money laundering (AML) standards, biometric verification is well positioned to become a cornerstone of compliance efforts in the payments space \u2014 and one of the more interesting opportunity areas could be across the B2B landscape.
\nSee also:\u00a0Digital Wallets Beyond Financial Transactions: A Global Perspective
\nWhile biometric authentication is already making waves in consumer payments \u2014 think smartphone-based facial recognition or fingerprint authentication for mobile wallets \u2014 the B2B sector is uniquely positioned to benefit from this technology\u2019s potential.
\nOne of the key pain points in B2B transactions is the cumbersome process of verifying identities. In industries like supply chain management, manufacturing and professional services, ensuring that the correct parties are authorized to approve or complete transactions often requires time-consuming manual processes. The introduction of digital identity verification using biometrics could help to reduce these delays.
\nFor instance, integrating biometric solutions with enterprise resource planning (ERP) and treasury management systems could enable real-time identity verification of employees, suppliers and vendors. This would accelerate approval processes and reduce the likelihood of human error or fraud. Whether it\u2019s approving a payment, signing a contract or accessing sensitive financial data, biometric verification can streamline workflows.
\nIn the future, we may see even more advanced forms of biometric authentication, such as behavioral biometrics, which monitor user behaviors like typing patterns or mouse movements. These technologies can provide additional layers of security by continuously authenticating users as they interact with payment systems, rather than relying on one-time verifications.
\nRead more: 5 Emerging Security Imperatives for Digital Wallets\u00a0
\nBiometrics also has the potential to enable seamless cross-border payments by simplifying identity verification across different jurisdictions. This could be particularly beneficial in the B2B landscape, where international transactions often involve navigating a maze of different regulations and compliance requirements.
\nInteroperability is another fundamental aspect of biometric adoption.
\n\u201cWhen it comes to being able to digitize and save these IDs, and of course to use them, the first and most critical thing to establish are sound and complete standards,\u201d\u00a0Alan Stapelberg, group product manager at\u00a0Google Wallet, told PYMNTS. As he explained, identity is a global use case, and digital IDs must be able to function across borders just as physical IDs do today. This requires collaboration among various stakeholders to build solutions that are universally accessible and interoperable.
\nStill, recent PYMNTS Intelligence data shows that while some people are using digital wallets to store IDs, not many (about 8%) are actively using them. And separately, the integration of biometric authentication into existing payment systems requires significant investment in technology infrastructure. Small- to medium-sized businesses, in particular, may find it difficult to justify the cost of upgrading their systems, despite the long-term benefits that biometrics can offer.
\nThe post What Payments Professionals Should Know About Biometric B2B Payments appeared first on PYMNTS.com.
\n", "content_text": "There are over 8 billion people alive on earth, and their growing expectations around frictionless and secure digital experiences are continually transforming payments and commerce.\nUnderpinning that is the emerging need for a digital identity layer. With the news that Google Wallet on Thursday (Sept. 12) unveiled a suite of new features \u2014 among them the ability to create digital IDs for use at select\u00a0TSA checkpoints \u2014 financial institutions (FIs) and payment solution providers have new ways to leverage biometric authentication, addressing identity authentication pain points.\nWith transactions growing in complexity, volume and value, there is a heightened demand for security, efficiency and seamless experiences. In both consumer and B2B landscapes, digital payments are booming, but this growth is accompanied by rising fraud threats and the complexities of identity verification.\nBiometrics, or the use of unique biological characteristics such as fingerprints, facial recognition or voice patterns for identification and authentication, is emerging as a powerful solution to address several of these pain points. This technology offers not just enhanced security but also the potential to streamline payment processes, making it particularly valuable where stakes are high and transactions more complex.\nRead more:\u00a03 Big Ideas From PYMNTS Intelligence\u2019s Digital Wallets UK Report\nBiometrics: Revolutionizing Security, Fraud Prevention and Efficiency in Payments\nAs the digital economy grows, so does the need for secure and reliable identity verification. In many cases, payment fraud occurs not because of vulnerabilities in the payment process itself but because of weaknesses in identity verification.\nBy integrating biometrics into digital identity verification, businesses can significantly reduce the risk of account takeovers and synthetic identity fraud. Biometric data provides a unique, immutable marker that ties the individual to the account, making it more difficult for fraudsters to create fake identities or gain unauthorized access.\n\u201cWe\u2019re excited about the potential of future\u00a0technologies\u00a0like biometrics and behavioral analytics in further streamlining\u00a0authentication\u00a0while enhancing security,\u201d Brad Rosenfeld,\u00a0chief marketing officer at\u00a0Prove Identity, told PYMNTS, adding that \u201cmarkets like Brazil and India are rapidly embracing mobile-first solutions and are fully on board with\u00a0digital transformation, with everyone looking for new ways to work with financial services.\u201d\nAccording to \u201cDigital Wallets Beyond Financial Transactions: A Global Perspective,\u201d a\u00a0PYMNTS Intelligence\u00a0and Google Wallet collaboration, 70% of consumers across Brazil, France, Germany, the U.K. and the U.S. use\u00a0digital wallets.\n\u201cDigital wallets are on a\u00a0hockey-stick trajectory right now,\u201d\u00a0Chuck Fagan, president and CEO of\u00a0Velera \u2014 the newly rebranded PSCU/Co-op Solutions \u2014 told PYMNTS.\nAs governments and regulatory bodies increase pressure on businesses to comply with stricter know your customer (KYC) and anti-money laundering (AML) standards, biometric verification is well positioned to become a cornerstone of compliance efforts in the payments space \u2014 and one of the more interesting opportunity areas could be across the B2B landscape.\nSee also:\u00a0Digital Wallets Beyond Financial Transactions: A Global Perspective\nBiometrics: Revolutionizing Security, Fraud Prevention and Efficiency in B2B Payments\u00a0\nWhile biometric authentication is already making waves in consumer payments \u2014 think smartphone-based facial recognition or fingerprint authentication for mobile wallets \u2014 the B2B sector is uniquely positioned to benefit from this technology\u2019s potential.\nOne of the key pain points in B2B transactions is the cumbersome process of verifying identities. In industries like supply chain management, manufacturing and professional services, ensuring that the correct parties are authorized to approve or complete transactions often requires time-consuming manual processes. The introduction of digital identity verification using biometrics could help to reduce these delays.\nFor instance, integrating biometric solutions with enterprise resource planning (ERP) and treasury management systems could enable real-time identity verification of employees, suppliers and vendors. This would accelerate approval processes and reduce the likelihood of human error or fraud. Whether it\u2019s approving a payment, signing a contract or accessing sensitive financial data, biometric verification can streamline workflows.\nIn the future, we may see even more advanced forms of biometric authentication, such as behavioral biometrics, which monitor user behaviors like typing patterns or mouse movements. These technologies can provide additional layers of security by continuously authenticating users as they interact with payment systems, rather than relying on one-time verifications.\nRead more: 5 Emerging Security Imperatives for Digital Wallets\u00a0\nBiometrics also has the potential to enable seamless cross-border payments by simplifying identity verification across different jurisdictions. This could be particularly beneficial in the B2B landscape, where international transactions often involve navigating a maze of different regulations and compliance requirements.\nInteroperability is another fundamental aspect of biometric adoption.\n\u201cWhen it comes to being able to digitize and save these IDs, and of course to use them, the first and most critical thing to establish are sound and complete standards,\u201d\u00a0Alan Stapelberg, group product manager at\u00a0Google Wallet, told PYMNTS. As he explained, identity is a global use case, and digital IDs must be able to function across borders just as physical IDs do today. This requires collaboration among various stakeholders to build solutions that are universally accessible and interoperable.\nStill, recent PYMNTS Intelligence data shows that while some people are using digital wallets to store IDs, not many (about 8%) are actively using them. And separately, the integration of biometric authentication into existing payment systems requires significant investment in technology infrastructure. Small- to medium-sized businesses, in particular, may find it difficult to justify the cost of upgrading their systems, despite the long-term benefits that biometrics can offer.\nThe post What Payments Professionals Should Know About Biometric B2B Payments appeared first on PYMNTS.com.", "date_published": "2024-09-16T19:08:22-04:00", "date_modified": "2024-09-16T19:08:22-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/09/biometrics-digital-ID-b2b-paynents.png", "tags": [ "B2B", "B2B Payments", "Biometrics", "commercial payments", "cross-border payments", "digital identity", "digital transformation", "digital wallets", "Global Payments", "ID verification", "identity authentication", "identity verification", "News", "Payment Methods", "PYMNTS News" ] }, { "id": "https://www.pymnts.com/?p=2055858", "url": "https://www.pymnts.com/news/biometrics/2024/airtel-payments-bank-adds-biometric-verification-solution-to-protect-accounts/", "title": "Airtel Payments Bank Adds Biometric Verification Solution to Protect Accounts", "content_html": "India\u2019s Airtel Payments Bank has added a biometric verification solution called Face Match to enhance the security of customer accounts.
\nThis solution uses facial recognition and liveliness checks to verify account users in cases in which the bank\u2019s machine learning (ML) algorithms have detected potentially fraudulent transactions,\u00a0Airtel Payments Bank said in a Tuesday (Aug. 20) press release emailed to PYMNTS.
\nFace Match first calculates a threat score based on user behavior, transaction pattern and location, historical data, device and mobile app-based signals, according to the release.
\nIf a user exceeds this threat score, the account is secured to prevent fraudulent transactions and the user is notified on their mobile number that they must complete a quick verification to proceed with a transaction, the release said.
\nA link in the notification takes the user to the Face Match section of the Airtel app, where they can take a selfie that is then compared to a photo from their onboarding process, per the release.
\nIf there is a successful match, the user can continue with their transactions; if there isn\u2019t, they must visit a banking location for biometric verification, the release said.
\nBiometric authentication tools have been embraced in the United States, according to the PYMNTS Intelligence and AWS collaboration, \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile.\u201d
\nMore than half of U.S. consumers who completed online purchases used biometric authentication to validate their transactions, with 28% of these consumers using facial recognition and 49% using fingerprint scans.
\nThat report also found that about 15% of U.S. consumers have not used biometric authentication methods but are interested in doing so, while 34% have not used those methods and are not interest in doing so.
\nIn another deployment of biometric technology, IDEX Biometrics said Aug. 14 that TaluCard plans to launch a physical biometric payment card and complementary app designed to provide an accessible and secure payment solution for users with visual impairments.
\nSlated for introduction in the United Kingdom in late 2024, the payment card features fingerprint authentication, tactile guidance markers that help users locate the fingerprint sensor, and the ability to make contactless transactions without PINs or signatures.
\nThe post Airtel Payments Bank Adds Biometric Verification Solution to Protect Accounts appeared first on PYMNTS.com.
\n", "content_text": "India\u2019s Airtel Payments Bank has added a biometric verification solution called Face Match to enhance the security of customer accounts.\nThis solution uses facial recognition and liveliness checks to verify account users in cases in which the bank\u2019s machine learning (ML) algorithms have detected potentially fraudulent transactions,\u00a0Airtel Payments Bank said in a Tuesday (Aug. 20) press release emailed to PYMNTS.\nFace Match first calculates a threat score based on user behavior, transaction pattern and location, historical data, device and mobile app-based signals, according to the release.\nIf a user exceeds this threat score, the account is secured to prevent fraudulent transactions and the user is notified on their mobile number that they must complete a quick verification to proceed with a transaction, the release said.\nA link in the notification takes the user to the Face Match section of the Airtel app, where they can take a selfie that is then compared to a photo from their onboarding process, per the release.\nIf there is a successful match, the user can continue with their transactions; if there isn\u2019t, they must visit a banking location for biometric verification, the release said.\nBiometric authentication tools have been embraced in the United States, according to the PYMNTS Intelligence and AWS collaboration, \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile.\u201d\nMore than half of U.S. consumers who completed online purchases used biometric authentication to validate their transactions, with 28% of these consumers using facial recognition and 49% using fingerprint scans.\nThat report also found that about 15% of U.S. consumers have not used biometric authentication methods but are interested in doing so, while 34% have not used those methods and are not interest in doing so.\nIn another deployment of biometric technology, IDEX Biometrics said Aug. 14 that TaluCard plans to launch a physical biometric payment card and complementary app designed to provide an accessible and secure payment solution for users with visual impairments.\nSlated for introduction in the United Kingdom in late 2024, the payment card features fingerprint authentication, tactile guidance markers that help users locate the fingerprint sensor, and the ability to make contactless transactions without PINs or signatures.\nThe post Airtel Payments Bank Adds Biometric Verification Solution to Protect Accounts appeared first on PYMNTS.com.", "date_published": "2024-08-20T20:08:15-04:00", "date_modified": "2024-08-21T09:40:21-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/08/Airtel-Payments-Bank.jpg", "tags": [ "Airtel Payments Bank", "authentication", "Biometrics", "Face Match", "Fraud Prevention", "identity verification", "machine learning", "News", "PYMNTS News", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2054483", "url": "https://www.pymnts.com/news/biometrics/2024/worldcoins-iris-scanning-tech-faces-global-pushback/", "title": "Worldcoin\u2019s Iris-Scanning Tech Faces Global Pushback", "content_html": "\u201cOnce somebody has your specific iris picture, you\u2019ll never have the possibility to stay anonymous.\u201d
\nThat\u2019s Michael Will, head of Bavaria\u2019s data regulator, speaking to The Wall Street Journal (WSJ) Sunday (Aug. 18) about concerns over Worldcoin\u2019s iris-scanning technology.\u00a0
\nAs that report noted, Germany is far from alone in its concern, with more than a dozen jurisdictions having either suspended Worldcoin\u2019s operations or launched probes into the company,\u00a0founded by OpenAI CEO Sam Altman.
\nAs PYMNTS wrote last year, the Worldcoin project\u2019s stated goal is to capture participants\u2019 biometrics with its proprietary Orb to provide them with a \u201cproof of personhood\u201d \u2014 as well as the company\u2019s digital currency \u2014 something that the company said \u201cwill become more important as increasingly powerful AI [artificial intelligence] models become available.\u201d\u00a0
\nIn other words \u2014 and as the WSJ report pointed out \u2014 it\u2019s a case of Altman using the technology from one of his companies to protect people from the potential downside of his other firm.
\nSo far, the project has drawn a mix of both support \u2014 6 million people have signed up \u2014 and skepticism. For example, regulators in Hong Kong raided the company\u2019s offices there in May, while Spain and Portugal have both blocked its use. The Bavarian regulator is expected to release a decision in its investigation soon.
\nTheir concerns are multifaceted, the report said. How does the company train its algorithms? What steps does it take to avoid scanning children? What does it do with user data? And several authorities have accused Worldcoin of telling operators of its Orb scanning device to encourage users to turn over iris images.\u00a0
\nAccording to the report, privacy advocates say these images could be used to construct a global biometric database with little oversight.
\nDamien Kieran, Worldcoin\u2019s chief privacy officer, told WSJ any venture like this one was bound to attract scrutiny, and the project was working with regulators to address concerns.\u00a0
\nFor now, WorldCoin has paused its image-sharing option for users while it develops a new process, he said, and its training materials don\u2019t ask operators to induce users to share biometric data, said Kieran.
\n\u201cWe\u2019ve built a technology that by default is privacy-enhancing,\u201d Kieran said in an interview. \u201cWe don\u2019t collect data to harvest it. We don\u2019t sell data. In fact, we couldn\u2019t sell it, because we don\u2019t know who the data belongs to.\u201d
\nThe post Worldcoin’s Iris-Scanning Tech Faces Global Pushback appeared first on PYMNTS.com.
\n", "content_text": "\u201cOnce somebody has your specific iris picture, you\u2019ll never have the possibility to stay anonymous.\u201d\nThat\u2019s Michael Will, head of Bavaria\u2019s data regulator, speaking to The Wall Street Journal (WSJ) Sunday (Aug. 18) about concerns over Worldcoin\u2019s iris-scanning technology.\u00a0\nAs that report noted, Germany is far from alone in its concern, with more than a dozen jurisdictions having either suspended Worldcoin\u2019s operations or launched probes into the company,\u00a0founded by OpenAI CEO Sam Altman.\nAs PYMNTS wrote last year, the Worldcoin project\u2019s stated goal is to capture participants\u2019 biometrics with its proprietary Orb to provide them with a \u201cproof of personhood\u201d \u2014 as well as the company\u2019s digital currency \u2014 something that the company said \u201cwill become more important as increasingly powerful AI [artificial intelligence] models become available.\u201d\u00a0\nIn other words \u2014 and as the WSJ report pointed out \u2014 it\u2019s a case of Altman using the technology from one of his companies to protect people from the potential downside of his other firm.\nSo far, the project has drawn a mix of both support \u2014 6 million people have signed up \u2014 and skepticism. For example, regulators in Hong Kong raided the company\u2019s offices there in May, while Spain and Portugal have both blocked its use. The Bavarian regulator is expected to release a decision in its investigation soon.\nTheir concerns are multifaceted, the report said. How does the company train its algorithms? What steps does it take to avoid scanning children? What does it do with user data? And several authorities have accused Worldcoin of telling operators of its Orb scanning device to encourage users to turn over iris images.\u00a0\nAccording to the report, privacy advocates say these images could be used to construct a global biometric database with little oversight.\nDamien Kieran, Worldcoin\u2019s chief privacy officer, told WSJ any venture like this one was bound to attract scrutiny, and the project was working with regulators to address concerns.\u00a0\nFor now, WorldCoin has paused its image-sharing option for users while it develops a new process, he said, and its training materials don\u2019t ask operators to induce users to share biometric data, said Kieran.\n\u201cWe\u2019ve built a technology that by default is privacy-enhancing,\u201d Kieran said in an interview. \u201cWe don\u2019t collect data to harvest it. We don\u2019t sell data. In fact, we couldn\u2019t sell it, because we don\u2019t know who the data belongs to.\u201d\nThe post Worldcoin’s Iris-Scanning Tech Faces Global Pushback appeared first on PYMNTS.com.", "date_published": "2024-08-18T19:12:24-04:00", "date_modified": "2024-08-18T19:17:02-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/08/Worldcoin-iris-scanning.jpg", "tags": [ "Biometrics", "iris-scanning", "Michael Will", "News", "OpenAI", "proof of personhood", "PYMNTS News", "Sam Altman", "What's Hot", "Worldcoin" ] }, { "id": "https://www.pymnts.com/?p=2052404", "url": "https://www.pymnts.com/news/biometrics/2024/talucard-unveils-biometric-payment-card-app-visually-impaired-consumers/", "title": "TaluCard Unveils Biometric Payment Card, App for Visually Impaired Consumers", "content_html": "TaluCard plans to launch a physical biometric payment card and complementary app designed to provide an accessible and secure payment solution for users with visual impairments.
\nDeveloped in collaboration with IDEX Biometrics and an unnamed London-based issuer, the card is expected to be introduced in the United Kingdom in late 2024, according to a Wednesday (Aug. 14) press release.
\nThe TaluCard payment card features fingerprint authentication, tactile guidance markers that help users locate the fingerprint sensor, and the ability to make contactless transactions without PINs or signatures, the release said.
\nThe TaluCard app that supports the card includes proprietary access technology offering discreet audio feedback that helps visually impaired users verify transaction details securely and privately, according to the release.
\nTogether, these solutions aim to serve the 2.3 million people in the U.K. who have some form of visual impairment, per the release.
\nTaluCard is compliant with the U.K. Consumer Duty and Accessibility laws and the European Accessibility Act, which is set to take effect in 2025, according to the release.
\n\u201cWe share the conviction with TaluCard that digital and financial inclusion is critical for economic growth and should be a key priority for banks and FinTechs,\u201d IDEX Biometrics Chief Commercial Officer Catharina Eklof said in the release.
\nSteve Tyler, director of assistive technology at Leonard Cheshire and former head of strategy at the Royal National Institute of Blind People, said in the release: \u201cTaluCard is a groundbreaking solution that instantly removes some of the challenges of payment experiences; through the simple expedient of seamless biometric identification, there is no need to be concerned about misuse of a card or handling unusual or inaccessible point-of-sale solutions.\u201d
\nBiometric authentication continues to gain prominence due to the convenience and security it offers, according to the PYMNTS Intelligence report \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile.\u201d
\nTwenty-eight percent of consumers said fingerprint scans or facial recognition are their preferred authentication method, with younger generations using biometrics for convenience and older consumers using the technology to enhance security, the report found.
\nThe post TaluCard Unveils Biometric Payment Card, App for Visually Impaired Consumers appeared first on PYMNTS.com.
\n", "content_text": "TaluCard plans to launch a physical biometric payment card and complementary app designed to provide an accessible and secure payment solution for users with visual impairments.\nDeveloped in collaboration with IDEX Biometrics and an unnamed London-based issuer, the card is expected to be introduced in the United Kingdom in late 2024, according to a Wednesday (Aug. 14) press release.\nThe TaluCard payment card features fingerprint authentication, tactile guidance markers that help users locate the fingerprint sensor, and the ability to make contactless transactions without PINs or signatures, the release said.\nThe TaluCard app that supports the card includes proprietary access technology offering discreet audio feedback that helps visually impaired users verify transaction details securely and privately, according to the release.\nTogether, these solutions aim to serve the 2.3 million people in the U.K. who have some form of visual impairment, per the release.\nTaluCard is compliant with the U.K. Consumer Duty and Accessibility laws and the European Accessibility Act, which is set to take effect in 2025, according to the release.\n\u201cWe share the conviction with TaluCard that digital and financial inclusion is critical for economic growth and should be a key priority for banks and FinTechs,\u201d IDEX Biometrics Chief Commercial Officer Catharina Eklof said in the release.\nSteve Tyler, director of assistive technology at Leonard Cheshire and former head of strategy at the Royal National Institute of Blind People, said in the release: \u201cTaluCard is a groundbreaking solution that instantly removes some of the challenges of payment experiences; through the simple expedient of seamless biometric identification, there is no need to be concerned about misuse of a card or handling unusual or inaccessible point-of-sale solutions.\u201d\nBiometric authentication continues to gain prominence due to the convenience and security it offers, according to the PYMNTS Intelligence report \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile.\u201d\nTwenty-eight percent of consumers said fingerprint scans or facial recognition are their preferred authentication method, with younger generations using biometrics for convenience and older consumers using the technology to enhance security, the report found.\nThe post TaluCard Unveils Biometric Payment Card, App for Visually Impaired Consumers appeared first on PYMNTS.com.", "date_published": "2024-08-14T11:12:19-04:00", "date_modified": "2024-08-14T11:12:19-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/08/IDEX-Biometrics.png", "tags": [ "authentication", "Biometrics", "Digital Payments", "digital transformation", "financial inclusion", "IDEX Biometrics", "international", "Mobile Applications", "News", "PYMNTS News", "TaluCard", "Technology", "uk", "What's Hot" ] }, { "id": "https://www.pymnts.com/?p=2022965", "url": "https://www.pymnts.com/news/biometrics/2024/j-p-morgan-expands-biometric-payments-pact-with-popid/", "title": "J.P. Morgan Expands Biometric Payments Pact With PopID", "content_html": "
J.P. Morgan Payments expanded its partnership with consumer authentication firm PopID.
\nThe collaboration offers in-store biometric payments to merchants in pilot programs across the United States, allowing shoppers to use a \u201cpay-by-face\u201d system without relying on their phones or credit cards, according to a Tuesday (Aug. 6) press release.
\n\u201cBiometric loyalty program check-in and payment provides a swift ordering and checkout experience for merchants and customers alike,\u201d the release said. \u201cPopID research has shown the platform decreases ordering and checkout times by up to 90 seconds per transaction and can increase ticket size by 4%.\u201d
\nAmong the merchants using the program is fast food chain Whataburger, which is already accepting biometric payments through PopID\u2019s solution and now plans to extend biometric payments with J.P. Morgan Payments\u2019 processing, per the release.
\n\u201cWhataburger has already seen a positive impact with faster checkout times and increased loyalty engagement at the counter and on self-ordering kiosks,\u201d the release said. \u201cAfter registering for biometric loyalty and payment in the Whataburger mobile app, guests no longer need to pull out their mobile phones and scan the QR code to check into the loyalty program or further authenticate payment, which is done through a biometric scan.\u201d
\nJ.P. Morgan began testing biometric payments at retailers last year. Efforts like this come in response to consumer demand for biometric authentication offerings.
\nThe PYMNTS Intelligence report \u201cConsumer Authentication Preferences for Online Banking and Transactions\u201d found that close to half of all consumers had used biometrics \u2014 fingerprint, face or voice recognition \u2014 to gain access to online accounts and payment methods in the month before being surveyed.
\nFifty-two percent of that group said biometrics was their preferred authentication method. In addition, the study found that 31% of consumers see biometrics as the most secure method for authentication, while 9% of consumers said the same about passwords. The data also showed that respondents saw biometrics as somewhat more convenient, faster and easier to use than passwords.
\nAnother PYMNTS Intelligence report \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile\u201d showed that two-thirds of consumers use or show interest in biometric identification methods. Eighty percent of consumers using biometric authentication said they use the technology to make purchases with their mobile devices.
\nThe post J.P. Morgan Expands Biometric Payments Pact With PopID appeared first on PYMNTS.com.
\n", "content_text": "J.P. Morgan Payments expanded its partnership with consumer authentication firm PopID.\nThe collaboration offers in-store biometric payments to merchants in pilot programs across the United States, allowing shoppers to use a \u201cpay-by-face\u201d system without relying on their phones or credit cards, according to a Tuesday (Aug. 6) press release.\n\u201cBiometric loyalty program check-in and payment provides a swift ordering and checkout experience for merchants and customers alike,\u201d the release said. \u201cPopID research has shown the platform decreases ordering and checkout times by up to 90 seconds per transaction and can increase ticket size by 4%.\u201d\nAmong the merchants using the program is fast food chain Whataburger, which is already accepting biometric payments through PopID\u2019s solution and now plans to extend biometric payments with J.P. Morgan Payments\u2019 processing, per the release.\n\u201cWhataburger has already seen a positive impact with faster checkout times and increased loyalty engagement at the counter and on self-ordering kiosks,\u201d the release said. \u201cAfter registering for biometric loyalty and payment in the Whataburger mobile app, guests no longer need to pull out their mobile phones and scan the QR code to check into the loyalty program or further authenticate payment, which is done through a biometric scan.\u201d\nJ.P. Morgan began testing biometric payments at retailers last year. Efforts like this come in response to consumer demand for biometric authentication offerings.\nThe PYMNTS Intelligence report \u201cConsumer Authentication Preferences for Online Banking and Transactions\u201d found that close to half of all consumers had used biometrics \u2014 fingerprint, face or voice recognition \u2014 to gain access to online accounts and payment methods in the month before being surveyed.\nFifty-two percent of that group said biometrics was their preferred authentication method. In addition, the study found that 31% of consumers see biometrics as the most secure method for authentication, while 9% of consumers said the same about passwords. The data also showed that respondents saw biometrics as somewhat more convenient, faster and easier to use than passwords.\nAnother PYMNTS Intelligence report \u201cTracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile\u201d showed that two-thirds of consumers use or show interest in biometric identification methods. Eighty percent of consumers using biometric authentication said they use the technology to make purchases with their mobile devices.\nThe post J.P. Morgan Expands Biometric Payments Pact With PopID appeared first on PYMNTS.com.", "date_published": "2024-08-06T10:17:57-04:00", "date_modified": "2024-08-06T11:20:50-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2023/12/JPMorgan-Payments.jpg", "tags": [ "authentication", "Biometrics", "Editor's Picks", "jpmorgan", "loyalty rewards", "News", "partnerships", "PopID", "PYMNTS News", "Technology", "What's Hot", "yf" ] } ] }