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Global Identity Management
Zwipe has teamed up with Watchdata Technologies to develop contactless payment solutions. The offerings will eventually include wearable devices and contactless payment cards, which will be distributed to banks in multiple regions around the world. Watchdata is based in Beijing, though its company headquarters are located in Singapore. The company specializes in secure transactions and […]
Jodie Kelly, the CEO of the Electronic Transactions Association (ETA), went before the House Financial Services Task Force on Financial Technology last week to testify about the way the modern payments industry has helped the United States government deliver stimulus money to people during the COVID-19 pandemic. Due to various physical distancing and lockdown measure […]
Cloud-based payments company PopID and the Panasonic Corporation of North America — a subsidiary of tech giant Panasonic — have announced a partnership that will see them work together to bring PopID’s eponymous platform and PopPay, a mobile facial recognition-based ordering and payment platform, to more restaurants and retail locations across the U.S. The partnership […]
Fingerprint Cards (FPC) is once again pushing the benefits of contactless payment technology. In its latest blog post, the company notes that contactless payments have gone up since the onset of the COVID-19 pandemic, even in countries (like Germany) that have been slower to switch from cash to cards. The logic behind that trend is […]
Fingerprint Cards (FPC) has issued a statement on the future of biometric payments in response to the COVID-19 pandemic. The company notes that public health concerns have created more interest in contactless payment solutions, and that many financial institutions are raising the payment cap for contactless transactions to allow more people to make purchases without […]
There’s already substantial demand for the kind of payments solution that biometric cards promise, and they could pick up momentum much faster than previous payment card upgrades, argues Fingerprint Cards‘ Lina Andolf-Orup. In a new post on the company’s website, Andolf-Orup, Fingerprint Cards’ head of marketing, offers an overview of some of the major milestones […]
A new report from Juniper Research suggests that biometric technology will revolutionize the mobile payments industry over the next few years. The firm predicts that consumers will use biometric authentication to conduct $2.5 trillion in payment transactions on mobile devices by 2024. That number represents a massive 1,000 percent increase over the comparable $228 billion […]
Apple Watch and iPhone users can now use Apple Pay Express Transit to pay for buses, trams, and the Underground in London. The feature allows the city’s commuters to purchase transit fare without Touch ID or Face ID authentication (or a double click of the Apple Watch), thereby allowing them to pass through turnstiles and […]
Biometrics News – Fingerprint Recognition Fingerprint Cards has placed one of its sensors in a new payment device from JCB. The device will support “personal authentication applications” in addition to contactless payments. The presence of an FPC sensor suggests that people will be able to use the device itself to add an extra layer of […]
During the group stage of the FIFA Women’s World Cup, Visa found that fans across the host cities in France made purchases using contactless payment technology 51 percent of the time. The financial services giant, which is FIFA’s Official Payment Services Partner, says these purchases were performed using a variety of mechanisms, including smartphones, wristbands […]
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