The instant payment system initiative launched last year as part of Namibia’s drive to reap the economic gains of digital ...

The bill reflects an aggressive expansion of federal biometric surveillance infrastructure under the Trump administration’s ...

One way that the payment industry is tackling this issue is through advanced payment security measures like tokenization and biometric authentication — both of which combine advanced digital security ...

There’s a certain clumsiness to how we still pay for things. You’re standing in line, juggling your phone, your wallet, ...

If biometric data truly becomes “the new currency” of our digital economy, it will demand the same level of oversight as financial assets, if not more. Yet the future need not be dystopian.

China: Facial recognition was incorporated into WeChat Pay and Alipay, and biometric payment became the new norm of daily life. India: Aadhaar authenticates through biometrics to enable safe and ...

LONDON, March 19, 2025 /PRNewswire/ -- Despite significant investment, biometric payment cards continue to struggle with mainstream adoption. According to a new report from global technology ...

Businesses looking to set up in-store biometric payment methods will need a biometric scanner to register, store, capture, and match customers’ biometric data.

According to Juniper, companies will use biometrics to authenticate over $3 trillion of payment transactions in 2025, a whopping increase of more than 650% from the $404 billion authenticated in 2020.

According to Global Market Insights, the biometric payment market was valued at $8.83 billion in 2023, and is expected to grow around 17.1% between 2024 and 2032.

An examination of the Federal Trade Commission’s (FTC’s) Biometric Data Policy Statement and enforcement actions, including those involving Rite Aid, Everalbum, and Facebook, and best ...

Mastercard had announced Payment Passkey service, part of its Biometric Authentication Service, in January this year, but the service had not been rolled out into its operating markets before now.