MasterCard recently conducted a global survey that found that advances in biometric authentication technology is slowly shifting consumers away from using passwords for authenticating online purchases, according to a podcast by Secure ID News.
These emerging biometric authentication technologies include the MasterCard Identity Check, the credit card issuer’s new payments system that enables consumers to make online purchases using facial or fingerprint recognition technologies.
In the podcast, Bob Reany, senior vice president of identity solutions at MasterCard, discussed Mastercard’s development and implementation of a mobile and biometric authentication strategy for online purchases.
“The current implementation that was through the pilot had features of voice recognition, facial recognition, and accepting a fingerprint reader on a certified phone,” Reany said. “So those are the three modalities that we’re offering now but I can tell you that there’s a lot of other stuff out there.
