According to new research commissioned by global payments provider TNS, more than a quarter (28%) of people aged 25 to 34 have already made a biometric payment, and are leading the way in the take up of this new technology.
TNS asked more than 3,000 people based in the US, UK and Australia to gauge attitudes among different age groups to biometric payments, which include fingerprint, iris recognition and vein scanning. It asked who’s using them, whether we’re optimistic about their potential to reduce fraud, and when biometric payments are likely to hit the mainstream.
It presents the most significant findings in this attractive infographic – to download your free copy, please fill in the form below.
Ford Motor Co and Amazon have announced a collaboration that will see Amazon’s Alexa integrated into Ford vehicles as a voice-activated digital assistant.
The government has confirmed that the £1 coin will be replaced for the first time in 30 years. The new coin is said to be the "most secure" coin due to a number of new features that will make it much more difficult to counterfeit.
Judges have picked Clever as the overall winner of the Money 20/20 Hackathon 2016 taking place in Las Vegas.
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.