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Title    Mastercard Will Roll Out Pay-by-Selfie Across Europe
Date    Wednesday October 05 2016, @10:45PM
Author    CoolHand
Topic   
from the no-privacy-concerns-here dept.
https://soylentnews.org/article.pl?sid=16/10/05/195251

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.


Original Submission

Links

  1. "Phoenix666" - https://soylentnews.org/~Phoenix666/
  2. "MasterCard's "selfie pay" will be coming to Europe next year after trials in the US, Canada and the Netherlands" - http://www.theregister.co.uk/2016/10/05/mastercard_selfie_pay/
  3. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=16223

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