Stories
Slash Boxes
Comments

SoylentNews is people

posted by CoolHand on Wednesday October 05 2016, @10:45PM   Printer-friendly
from the no-privacy-concerns-here dept.

MasterCard's "selfie pay" will be coming to Europe next year after trials in the US, Canada and the Netherlands.

The financial services firm is rolling out biometric technologies that will allow European consumers to authenticate their identity without a password, but with a selfie, in order to provide customers with a more convenient method to sign in and a faster checkout process. Security firms view the development as another sign of the mainstream availability of biometric authentication, comparing it to the introduction of TouchID fingerprint authentication technology in the iPhone.

Javvad Malik, security advocate at enterprise security tools firm AlienVault, said that "selfie pay" is seemingly an attempt to bridge the gap between a fully authenticated method, such as chip and PIN – and unauthenticated payments methods such as contactless.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Thursday October 06 2016, @04:21PM

    by Anonymous Coward on Thursday October 06 2016, @04:21PM (#411138)

    nobody said the answers you gave to the system had to be factually correct

    they just need to be consistent

    so if you always answer that your mother's maiden name was jane jetson, it works well enough...

  • (Score: 2) by Scruffy Beard 2 on Friday October 07 2016, @03:09PM

    by Scruffy Beard 2 (6030) on Friday October 07 2016, @03:09PM (#411512)

    They usually ask a series of "security" questions.

    That means you need to remember 5-6 passwords instead of 1.