France's national interbank network, Groupement des Cartes Bancaires CB, is evaluating the use of biometry in payment transactions and is expected to approve a new authentication standard based on fingeprints before the end of the year
Good news !
Looking forward to have a biometric application using my voice credentials to certify my e-payment on the phone. As Fraud is higly being on e-commerce channels, it would be tremendously relevant for mature market such as France.
Implementing such innovation would be such a great move for CB competiveness.
Competitive (base, bonus, benefits)Boston, MA (USA)
© Finextra Research 2014