Friday, November 22African Digital Business Magazine

Tag: Fingerprints

The Human Touch: Biometrics Yesterday, Today and Tomorrow
Fintech, Tech

The Human Touch: Biometrics Yesterday, Today and Tomorrow

By Christian Fredrikson, CEO, Fingerprints For thousands of years, humanity has used fingers to express itself. Crossing one’s index and middle fingers in the West means good luck, India’s intricate hand mudras indicate everything from no fear to reverence, and a thumb down signalled bad news for Rome’s gladiators. Today, however, we’re doing even more with our fingers. From accessing mobile devices to authorizing payments, the use of fingers - in particular, our fingerprints - has grown rapidly. So rapidly in fact that in May 2019, we announced that we had shipped 1 billion fingerprint sensors worldwide. But how did we get here, and where do we go next? Authentication is dead, long live authentication It’s a funny coincidence ‘PIN’ and ‘pain’ are only one letter apart. For years, PIN aut...
The future of cards, contactless and biometrics in payments
Tech

The future of cards, contactless and biometrics in payments

By Thomas Rex, SVP at Fingerprints It's an interesting time for the humble payment card. Card payments have steadily risen in the last two decades, but innovation of the card has slowed since the launch of contactless over ten years ago. Until, that is, the recent entrance of the biometric payment card. But what’s the value in updating the card further? Contactless cards have gained real traction in the last decade, especially in Europe. But with many markets across the globe still to take the leap to contactless, and others already looking beyond the card to mobile payments, how can we expect the card to continue to be a success? Limitless convenience Two major things concern consumers about contactless cards: security and convenience. For those already happy ‘tapping’ with contactless pa...