How Biometrics Reshape Payments Worldwide
Too Long; Didn't ReadBiometric technology is becoming increasingly widespread around the world. The key driver of biometrics large-scale adoption is its integration into mobile devices. Today, many of us interact with some form of biometric authentication every day—this is how we unlock our phones, log into mobile banking apps, or authorise payments. The technology relies on biometric data to establish or verify a person’s identity. This involves scanning and mapping one’s physical traits, such as facial features, fingerprints, the retina, or the capillary pattern. All these biometric characteristics are generally unique to individuals, and therefore, are a reliable method of identification.