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IDEX Biometrics

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January 06, 2021

Cybersecurity Expert Reacted On Banking Trade Body Calls For Increased Contactless Payment Limit
The desire to not use germ carrying cash in our daily transactions is helping drive a widespread change in consumer behaviour.

The pandemic has certainly accelerated the shift towards a cashless economy. The desire to not use germ-carrying cash in our daily transactions is helping drive a widespread change in consumer behaviour – including those who were previously skeptical of going cashless. Touch-free payments have quickly become second nature for consumers to tap their card to pay for goods and services instead of using cash or punching in a PIN to minimise the spread of coronavirus.

Since the COVID-19 outbreak,

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The pandemic has certainly accelerated the shift towards a cashless economy. The desire to not use germ-carrying cash in our daily transactions is helping drive a widespread change in consumer behaviour – including those who were previously skeptical of going cashless. Touch-free payments have quickly become second nature for consumers to tap their card to pay for goods and services instead of using cash or punching in a PIN to minimise the spread of coronavirus.

Since the COVID-19 outbreak, the limit for contactless payments has risen around the world, already reaching £45 in the UK in March 2020, but the finance industry is currently calling on the Government to increase contactless card payments further to £100. However, with banks increasing contactless limits, they are exposing not only themselves but their consumers to greater levels of fraud. Higher levels of security during the payment authentication process are needed to combat this, and fingerprint biometric payment cards – which confidently link the user to their card - would be the ideal solution.

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November 13, 2020

People Could Be Asked To Prove They’ve Had Covid Vaccine To Get Into Sports Events And Concerts
This method of touch-free biometric authentication provides the perfect solution, keeping both consumers and employees safe.
For live events to return, biometric authentication is going to play a significant role in enabling people to reliably prove they've had the coronavirus vaccine to get into sports events and concerts and help restore economies. Using fingerprint biometrics would enable consumers to confirm their identity, on any device, and it will also help to inform ongoing COVID restrictions across the globe. If people can reliably prove they have been vaccinated, then theatres, music venues, sporting.....Read More
For live events to return, biometric authentication is going to play a significant role in enabling people to reliably prove they've had the coronavirus vaccine to get into sports events and concerts and help restore economies. Using fingerprint biometrics would enable consumers to confirm their identity, on any device, and it will also help to inform ongoing COVID restrictions across the globe. If people can reliably prove they have been vaccinated, then theatres, music venues, sporting venues, etc., that have been closed since March, can all reopen to the public and provide a significant boost to the global economy. However, these digital interactions must be secure, intelligent, and efficient. To facilitate this, consumers require a user-centric digital ID card that is owned, managed, and controlled by the individual that incorporates their fingerprint biometrics to authenticate who they are and prove they have been vaccinated. This method of touch-free biometric authentication provides the perfect solution, keeping both consumers and employees safe, and enabling the world to begin its transition back to 'normality'.  Read Less