Biometrics: Biometric authentication: putting an end to contactless fraud UK consumers still fearful about the threat of fraud.

17 Nov 2019 9:25 PM | Anonymous member (Administrator)

Contactless cards are continuing to revolutionise the way consumers pay for goods. Since launching back in 2007, the contactless payment method now accounts for more than 52 per cent of the UK’s monthly card transactions and overtook chip and PIN in July 2018. Yet, consumers are still fearful of the threat of fraud caused by tap-to-go payment cards. In fact, more than three-in-five (63 per cent) UK consumers are worried that their contactless payment cards could be used fraudulently, as found by new research from IDEX Biometrics ASA.

https://www.itproportal.com/features/biometric-authentication-putting-an-end-to-contactless-fraud/


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