A new analysis suggests that this and other biometric authentication tech will be used by billions. Newly released research results have shown that in coming years, billions of smartphone users will employ facial recognition payment verification and other types of authentication to keep their transactions secure. The next handful of years are expected to include a considerable shift toward biometrics. This shift will include a heavy move toward facial recognition payment verification technology, among other types of biometrics. These will be meant to boost the security level of mobile transactions,…
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QR code use in China may fall due to facial recognition technology
Quick response codes are widespread for authenticating mobile payments in the country. In China, QR code use for completing mobile payments is as commonplace as the use of traditional credit cards in the United States. However, this could quickly become a thing of the past as more companies look to biometrics such as facial and fingerprint recognition. Tech giants in the country, such as Tencent, are already looking into ways to use biometrics. Most people use mobile phones to complete non-cash payment transactions in China. QR code use is the…
Read MoreBeauty filters to be added to Alipay’s facial recognition payments system
Alipay is catering to China’s beauty culture. Alipay, a Chinese third-party mobile and online payment platform, recently announced that it would soon add beautifying filters in its facial recognition payments systems at retail locations across China. A survey revealed that those who use facial scanning tech to make payments feel ugly when doing so. The announcement, which was made on July 2, comes after the results of a recent poll conducted by Sina Technology. The tech news portal surveyed over 40,000 people, who were asked if scanning their faces when…
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