Shoppers in San Francisco’s South Bay area are being invited to take part in a pilot test of Hands Free, a payment service developed by Google that uses a combination of Bluetooth Low Energy (BLE), Wi-Fi and location services to let consumers make in-store payments without taking their mobile phone out of their pocket. More
Limited merchant acceptance points, fragmentation and consumer concerns over security and privacy will remain “substantial hurdles” to mobile payments at the physical point of sale in 2016, according to analysts at the Federal Reserve Bank of Atlanta... More
Consumers across the US, Canada and parts of Europe will soon be able to authenticate their online transactions with their fingerprint or face using MasterCard’s ‘selfie pay’ system. The confirmed launch of the service — expected this summer — follows a successful pilot in the Netherlands. More
More than four in ten New Zealanders (41%) would consider using NFC mobile payments today and 44% believe mobile payments will be the next thing to take off, followed by biometrics/facial recognition/fingerprints (21%) and wearable technology (18%), research from MasterCard reveals... More
More than half of UK consumers (54%) are willing to authorise payments using biometric technology, research from Experian shows... More
Customers of Atom Bank will be able to access their mobile banking app using face and voice recognition when the online banking startup launches in 2016... More
Customers of Deutsche Bank are testing technology which verifies their identity by the way they handle and hold their mobile device... More
Students at Southwestern College in Kansas can now pay for their food and drink and earn loyalty points and rewards using their face, with no need to pull out their wallet or mobile device at the point-of-sale. More
Microsoft is looking to relaunch Windows Wallet, a mobile payments app that stores credit cards and coupons for in-store and online payments through Windows devices, Microsoft’s Joe Belfiore has told The Verge... More
Scotiabank-owned direct bank Tangerine is reportedly experimenting with facial recognition technology on mobile devices... More
Shipments of fingerprint sensors for smartphones are expected to reach 1bn units by 2020, representing a 17% compound annual growth rate (CAGR), according to ABI Research... More
India’s biometrics market is projected to grow at a compound annual growth rate (CAGR) of over 35% from 2015 through 2020, according to TechSci Research... More
MasterCard is testing a ‘Selfie Pay’ service in the Netherlands with International Card Services and Dutch bank ABN Amro... More
Employees of Taiwan’s CTBC Bank have begun piloting an ATM that uses both a finger vein scanning solution from Hitachi and facial recognition technology to authenticate transactions... More
Some 41% of US consumers have a “high level” of comfort when logging in to a website or mobile app using a thumbprint or face/eye scan, research from Gigya finds... More
Apple has been granted a patent from the United States Patent and Trademark Office for an authentication system to allow owners to unlock content on their devices by taking a picture of their face... More
MasterCard is to test a system that will approve online purchases with a face or fingerprint scan later this year... More
One in four US consumers would consider sharing their DNA with their financial institution if it meant it would make authentication easier and their personal information more secure, research from Telstra reveals... More
US bank Wells Fargo is piloting a face and voice authentication system with 100 customers using its mobile app on their iPhones... More
Researchers at China’s Tsinghua University and technology company Tzekwan have unveiled an ATM with inbuilt facial recognition features... More