The
invited professionals working in the payments industry to share their views on the future of biometric authentication. It held over the last two months a poll on forecasting which of the suggested technologies would become a common practice in the medium run.
The question asked all participants to the poll was the following: “which biometric authentication technology do you consider to offer the greatest potential for customer adoption for payments in the coming 5 years?”.
The results were as follows:
Fingerprint scanning (31%)
Facial recognition (11%)
Eye recognition (10%)
Palm and vein reader recognition (4%)
Voice recognition (5%)
Other (4%)
Multiple (29%)
None (5%)
To sum up, most of the voters (60%) agreed that multiple and fingerprint scanning technologies have the greatest potential in the coming five years. Facial and eye recognition represented a fifth of the total votes and only 5% of respondents voted for no biometric authentication technology being in widespread use within 5 years.
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