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JPMorgan, Mastercard Embrace Biometric Payment Options
With JPMorgan and Mastercard piloting biometric payment options, a future where consumers can pay with their face is rapidly approaching. "Our focus on biometrics as a secure way to verify identity, replacing the password with the person, is at the heart of our efforts in this area," said Dennis Gam...
With JPMorgan and Mastercard piloting biometricpayment options, a future where consumers can pay with their face is rapidly approaching. Miller says PopID simplifies this process by requiring just tapping an on-screen button, and then looking briefly at a camera for both loyalty check-in and payment. Sheldon Jacobson, a professor in computer science at the University of Illinois, Urbana-Champaign, said he sees biometric identification as part of a technology continuum that has evolved from payment with a credit card to smartphones.
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