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MasterCard Set for Global ‘Pay-by-Selfie’ Launch

Posted on February 23, 2016 by Dissent

Phil Muncaster reports:

Credit card giant MasterCard is set to extend its ‘pay-by-selfie’ facial recognition technology to 14 countries including the UK this summer as part of its ongoing attempt to crack down on identity fraud.

The firm told the FT that the decision was made after trials of the system in the US and the Netherlands went well.

It means that UK customers will soon be able to complete their online purchases simply by taking a photo of themselves via their smartphone.

Read more on InfoSecurity Magazine.

Thanks to Joe Cadillic for this link.

Category: Financial Sector

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