19 October 2017
visit www.response.ncr.com

First Tech FCU to introduce biometric protection following positive trial results

19 February 2016  |  2981 views  |  0 Source: MasterCard

This past fall, First Tech Federal Credit Union, the nation’s leading credit union serving employees and family members of America’s technology sector, in cooperation with MasterCard, was one of two global partners to help MasterCard test biometrics payment authentication using the MasterCard Identity Check™ mobile app.

Through the app, First Tech employees verified the authenticity of online donations made to Children’s Miracle Network Hospitals using either facial recognition or fingerprint matching biometrics. At the conclusion of the pilot, participants were asked their opinions on the technology and how easy it was to use:

Overall, participants found that biometric authentication was overwhelmingly easy to use on its own (88%) and a clear majority found it even easier than password-based authentication (86%).
Speaking to its convenience and ease of use, more than 90% of participants said that biometric payment authentication is something they could see themselves using on a daily basis.

First Tech was pleased with the results of this initial pilot and plans to launch a market-ready implementation of the MasterCard Identity Check mobile app once it is made available in the latter half of 2016.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.capgemini.comvisit www.niceactimize.com

Who is commenting?

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15852 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8976 views comments | 16 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8081 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7162 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6302 views comments | 6 tweets | 3 linkedin

Featured job

Find your next job