naked payments

Financial Biometrics Month 2017: Four Ways To Pay With Biometrics

Financial Biometrics Month 2017: Four Ways To Pay With Biometrics

In less than five years consumers have gone from no-bio to full-bio when it comes to ways to pay for goods and services. The advent of the mobile wallet, signaled by the launch of Apple Pay in 2014, introduced average users to the secure and convenient concept of biometrics payments, and since then the options…

‘Full-Scale’ Introduction of Naked Payments System Begins in Japan

‘Full-Scale’ Introduction of Naked Payments System Begins in Japan

Japan-based Liquid, Inc. is getting ready for a full-scale launch of its pioneering naked payments system, officially dubbed “Touch & Pay”. The system is designed to let consumers link their payment account information directly to their fingerprints, allowing them make purchases just by tapping their fingers, with no need for physical payment cards or even…

UK Supermarket Trials Naked Payments System Based on Finger Vein Recognition

UK Supermarket Trials Naked Payments System Based on Finger Vein Recognition

UK supermarket Costcutter is trialing a naked payments system based on finger vein recognition at its Brunel University location in London. Called FingoPay, the system was first announced by its maker Sthaler in the summer of 2016. It uses Hitachi-developed infrared scanning to identify the unique vein patterns of users fingertips, allowing for a biometric…

Alipay Enables Naked Payments at Upscale New KFC Restaurant

Alipay Enables Naked Payments at Upscale New KFC Restaurant

Alipay’s facial recognition payment system, Smile to Pay, is seeing its first extension beyond the smartphone in a new restaurant in Hangzhou, China. Called KPRO by KFC, it’s a kind of technologically advanced, upscale version of one of the fast food chain’s restaurants. An open kitchen serving freshly squeezed fruit juice and panini is complemented…

Financial ID Briefing: Naked Payments Are Coming To The Middle East

Financial ID Briefing: Naked Payments Are Coming To The Middle East

The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID and finance. It is powered by FindBiometrics and Money20/20. LG Pay Launches in South Korea After years of speculation and waiting, a new mobile payments platform entered the pay-with-your phone market in South Korea last week. LG Pay, the long-rumored…

FinTech Partnership Aims to Establish Naked Payments Network in Middle East

FinTech Partnership Aims to Establish Naked Payments Network in Middle East

Bahrain-based FinTech solutions provider Eazy Financial Services has teamed up with NCR Corporation to work on a pioneering naked payments solution for the region. The idea is to establish a ‘Biometric Payment Network’ in which users’ fingerprints are linked to bank accounts. Users would sign up by enrolling their fingerprints with participating banks, and would…

Aadhaar Pay Goes Live in India

Aadhaar Pay Goes Live in India

“The service is going live just as Samsung launches its mPayment service in the country…” Aadhaar Pay is now active in India, care of IDFC Bank. The system operates through a mobile app on the merchant side. When a customer wishes to pay for something, she needs only to select the bank on the touchscreen, enter…