Tag: biometric technology

New Amazon payment system will use shoppers’ hands as IDs

Stephanie Beck
Amazon payment system - Hand

The online marketplace giant is taking more steps toward a unique biometric development. A new Amazon payment system is in development and could one day be used to ID customers based on their hands. This security feature is meant to help verify an individual’s identity without having to touch the person. Unlike fingerprint scans that are commonly used to unlock secured smartphones, no contact is needed. The Amazon payment system is one of the latest steps made by the online retail giant’s engineers. The technology’s development was made public through…

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Mobile payments security continues to be a major issue

L. Green
Mobile commerce growth global world

Mobile wallets continue to gain momentum Mobile wallets are becoming more common as a growing  number of consumers begin to rely on their smartphones and other devices to pay for products. These applications are designed to store information provided by retailers and other businesses, making it easier for consumers to make mobile transactions. The issue, however, is that mobile commerce is becoming an attractive target for malicious groups that want to exploit consumer financial information. According to a recent survey from LexisNexis Risk Solutions, attacks on mobile payments platforms are…

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Biometric technology may help improve the mobile payments space

Jennifer Goula
mobile payments technology

New technology could make mobile commerce safer and more attractive to consumers NXT-ID, a company specializing in biometric solutions, has released a report concerning new technology and how it may affect the future of mobile commerce. For years, security has been a major problem for the mobile space. According to the company, tech solutions for digital commerce are becoming more oriented on the consumer, focusing on the protection of valuable financial information. Biometric technology is beginning to play a larger role in the mobile space and could impact mobile commerce…

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Mobile security gains momentum on the back of biometric technology

Jesse Collins
Mobile marketing cyber Security

Biometrics could revolutionize mobile security Goode Intelligence, a market research and analysis firm, has released a new forecast report concerning the state of the mobile market and the demand for biometric security solutions. Mobile security has become a major issue for businesses and consumers alike. With technology playing a larger role in society, a lack of security could have dire consequences for many people. The new market report from Goode Intelligence outlines the growing prominence that mobile security is beginning to establish throughout the world. More than 3.4 billion people…

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Trending Topics: Future of mobile commerce may be NFC-free

Note From The Editor
trends

NFC technology may be losing ground in the mobile commerce space NFC technology has been getting a lot of attention lately, especially as the technology becomes more common in smartphones and tablets. NFC has been gaining momentum in marketing for some time, but also forms the backbone of most mobile commerce platforms. The technology facilitates data transfers over short distances, which is quite useful for people looking to share pictures, music, and videos with their friends through their mobile devices. NFC supports mobile payments through the same process of data…

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