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In The News
   
 
 

 

In The News

 
July 4 - People like buying with a fingerprint

Article: Technology For A Global Monetary System
 

Out of 900 consumers involved in a recent pilot scheme, 94% said that they were ready to use finger print based technology when purchasing goods and services.

The pilot, conducted by Natural Security a specialist in the area of user-authentication, involved the use of payment methods incorporating payment cards, biometrics and mid-range contactless technology. Natural security says that this solution can be used in both in-store and online settings as well as to gain access to services. 

The proximity system uses a combination of a card storing the client’s biometric data together with a reader that authenticates the physical presence of the customer by reading the finger print and finger veins. All without having to remember or insert a PIN.

 

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