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Mastercard Will Roll Out Pay-by-Selfie Across Europe

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

Phoenix666 writes:

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.

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Original Submission

• Security questions reinvented Security questions reinvented (Score: 1, Insightful) by Anonymous Coward on Thursday October 06 2016, @08:12AM

  by Anonymous Coward on Thursday October 06 2016, @08:12AM (#411011)

  People used to think that those "security questions" were a great idea. Mothers maiden name, name of your dog, all that crap. Back then, the idea was that only you would know those things.

  Nowadays, the answer to all of those questions (it's always a list of predefined questions) can be found on Facebook.

  This is just reinventing the same stupidity.

  "If the answer can be found on Facebook anyway, why not simply use a selfie?"

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• Re:Security questions reinvented (Score: 0) by Anonymous Coward on Thursday October 06 2016, @03:03PM

  by Anonymous Coward on Thursday October 06 2016, @03:03PM (#411116)

  Mothers maiden name, name of your dog, all that crap. Back then, the idea was that only you would know those things.

  What, they thought your mother would not know your mother's maiden name?

  Parent

• Re:Security questions reinvented Re:Security questions reinvented (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...

  Parent

  • Re:Security questions reinvented (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.

    Parent