Biometrics to impact future of mobile payment authentication

RALF GLADIS | December 6, 2018

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No longer the stuff of science fiction, biometrics technology is fast becoming a reality for today’s businesses and consumers.  And it is poised to have a significant impact not only on mobile payments but on the world of consumer payments in general. The technology is continually evolving and becoming faster and more reliable when it comes to payment transactions.  For example, the accuracy of fingerprint scanning technology has vastly improved in recent years – today, modern sensors are able to analyze blood vessel structures and whether blood is actually pumping through our fingers.  And from a mobile payments perspective, it is a lot easier for consumers to pay with a touch of their fingerprint or scan of their face than to type out complex passwords on small screens.  Consumers welcome convenience and speed – and retailers want to meet consumers’ desires – so it makes complete sense that biometrics would become a key component in mobile payments. And card issuers are recognizing the importance and value of biometric authentication as well, with Mastercard announcing at the start of 2018 that all consumers will be able to identify themselves with biometrics like fingerprints or facial recognition when they shop and pay with Mastercard by April 2019.

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Tuesday Morning

Tuesday Morning is a national retail chain established in 1974 specializing in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal décor. Our treasure hunt shopping experience is characterized by a diverse merchandise selection, with a focus on quality brands and designer names at unparalleled savings of 20-60% off department and specialty store prices. This approach fuels an intense demand for product - creating excitement, anticipation and a heightened sense of urgency for customers who shop our stores across the nation.

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