We've all been saying that it's only a while before we pay for everything with a biometric, as mentioned in last weeks blog: The Age of the Password is over.
Bringing this one step nearer to reality is PayPal.
With the release of the Samsung Galaxy S5 last Friday, you can now pay with a fingerprint.
Nice.
Or not?
I''m personally not a fan of fingerprint biometrics.
Apple's TouchID was compromised within a week by the use of a copy fingerprint ...
... and we all know that TouchID doesn't work if you're a bit sweaty.
This is why I far prefer to use my Voice or Heartbeat to pay (not my Heartbleed).
Speaking of Heartbleed, and just in case you haven't seen it yet, a Commonwealth Bank of Australia blogger tried to reassure customers about What you need to know about Heartbleed.
Unfortunately, the blog states that the bank has 'patched' the issue, which garnered a bad response from customers.
Source: Dropbox
Find out more at the Register.
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
