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Financial Technology (FinTech) and Biometrics

Today we all enjoy the benefits of the biometric revolution in smartphones that strive to make mobile banking and payment friction-free and easy to use.  Services like ApplePay, SamsungPay and others provide seamless integration between devices, Digital Identity systems, and various payment ecosystems such as those from Visa, Mastercard and PayPal. ​

This example of the value of biometric technology within FinTech is the first of several major innovations to come.  Entire areas of FinTech that are accelerated by biometric authentication and Digital Identities remain largely untapped, including business-to-business transactions, biometric-enabled payment terminals, and even routine matters as corporate time, attendance and access.

Sample Biotech+FinTech Markets

To discuss how to bring frictionless biometric experiences to your FinTech device, please contact sales@identitydevices.com.